Financing Company
AutoDeal Financing
AutoDeal Financing connects car buyers with multiple bank and financing partners through a single online application through AutoDeal Financing. AutoDeal processes over 30,000 loan inquiries monthly and partners with 15+ banks.
Interest Rate
6% – 18% p.a.
Loan Term
12 – 60 months
Down Payment
10–20%
Processing
1 – 3 business days
Requirements
Valid government-issued ID (passport, driver's license, or UMID)
Proof of income (latest 3 months payslips or ITR)
Proof of billing address (utility bill dated within 3 months)
Post-dated checks (PDCs) covering the loan term
Certificate of Employment with compensation details
Filled-out auto loan application form
Pros & Cons
Advantages
- Rates from 6% p.a. available for qualified applicants.
- Down payment starts at 10–20%, reducing the upfront cash barrier.
- Repayment terms of 12 – 60 months allow flexible monthly budgeting.
- Approval within 1 – 3 business days is fast compared to traditional bank channels.
- AutoDeal processes over 30,000 loan inquiries monthly and partners with 15+ banks.
Drawbacks
- Maximum rate of 18% p.a. is higher than top-tier bank auto loan rates.
- Loan terms max at 60 months — shorter than the 60-month ceiling at major banks.
- Down payment of 10–20% may still be a barrier for first-time buyers on a tight budget.
- Processing of 1 – 3 business days may vary based on document completeness.
Frequently Asked Questions
What are the AutoDeal Financing interest rates in 2026?
AutoDeal Financing rates range from 6% – 18% p.a.. The exact rate depends on your credit profile, loan amount, and chosen repayment term.
How do I apply for AutoDeal Financing?
You can apply online through the platform. Prepare a valid ID, proof of income, and proof of billing address before starting.
What is the minimum down payment for AutoDeal Financing?
The minimum down payment is 10–20% of the vehicle price. A higher down payment reduces both monthly amortization and total interest paid.
How long does AutoDeal Financing approval take?
Expect approval within 1 – 3 business days. Complete and accurate documentation speeds up the process.
Can I use AutoDeal Financing for expressway-ready vehicles with RFID?
Yes, any vehicle financed through AutoDeal Financing can be equipped with Autosweep or Easytrip RFID. Most dealerships install RFID stickers at no extra cost during vehicle release.