Banks primarily look at your credit score and credit history while making a lending decision. If you have no credit history, you might still stand a chance of availing a car loan if:

• You have a high income

• You have a stable employment history

• You are able to make a down payment of at least 20% of the total value of the car

• You have good relationship with your bank

However, it is advisable to first build your credit history before applying for a big loan like a car loan, so that you can take advantage of the best offers.