Loan against Car
Get funds using your car as security—even if it is already financed. Suitable for business or
personal needs.
Loan Amount
- Up to ₹75 Lakh*
- Up to 200% of Car Value* (as per lender policy)
- Available for loan-free & financed cars
Key Benefits
- Quick Approval
- Lower Interest than Personal Loans
- Easy EMIs
- Minimal Documentation<
Who Can Apply?
- Salaried & Self-Employed
- Existing car owners
✅ Disclaimer : Loan amount, LTV (up to 200%), interest rate & approval subject to eligibility, car condition, and lender policies.
Documents Required
- KYC (Adhaar & Pan)
- Income Documents
- Business Proof (If Self Employed)
- Bank Statements (6 Months)
- Car Registration Copy
- Electricity Bill (Latest)
- Passport size photograph
Note :The final list of required documents may vary based on the lender’s policies and the applicant’s profile.
Compare Loan Rates from Trusted Lenders
Explore multiple loan options and select the one that fits your requirements.
| Lender | Interest Rate Starts | Loan Offer |
|---|---|---|
| HDFC Bank | Starting from 13.00% | Upto 180% of the car value |
| Axis Bank | Starting from 15.50% | Upto 170% of the car value |
| Tata Capital | Starting from 15.50% | Upto 200% of the car value |
| Hero Fincorp | Starting from 16.50% | Upto 175% of the car value |
| Piramal Finance | Starting from 15.50% | Upto 175% of the car value |
| IDFC Bank | Starting from 15.50% | Upto 200% of the car value |
| HDB Financial Services | Starting from 15.50% | Upto 140% of the car value |
| AU Small Bank | Starting from 15.50% | Upto 140% of the car value |
| Poonawalla Fincorp | Starting from 15.00% | Upto 160% of the car value |
| Bajaj Finance | Starting from 15.00% | Upto 160% of the car value |
Loan Eligibility Made Simple
Clear guidelines to help you qualify easily for your loan.
Salaried Individuals
- Age limit: Age between 21 – 65 years
- Job criteria: Minimum 2 years work experience
- Minimum income: Annual income starting ₹2.5 lakh
- Condition: At least 12 EMIs paid on current loan
Self-Employed Individuals
- Age limit: Age between 21 – 65 years
- Business criteria: Business running for at least 2 years
- Minimum income: Annual income starting ₹2.5 lakh
- Condition: Minimum 12 EMIs paid
