Generally, the ideal credit score for availing a car loan in India is 750. You need to make sure that you have a good credit rating before applying for any kind of loan. There are instances when someone approaches a bank to finance their car, and their loan gets rejected despite meeting the eligibility criteria. One of the reasons banks reject a car loan is because the borrower has a bad credit score i.e. a score that is below the minimum requirement. You can get a loan with a lower score but you might get very unattractive loan terms.