Car Loan Refinance: The car refinance loan is essentially a secured loan like a home mortgage loan. However, the process is much simpler and much faster. The car refinance loans allow you to take a loan on your existing car, by pledging the car registration papers at the lenders.
There is a difference between the traditional car loan and a car refinance loan – The former is used to purchase of a car while the latter is used to solve your money requirement by pledging a car you already own.
It’s not widely advertised, but a few banks and non-banking finance companies (NBFCs) provide loans against used cars
Loan offers available upto 150% of the original loan value of the car, and don’t worry, a wide range of manufacturers and their models/variants are approved and considered. Valuation of the car isn’t mandatory.
Decide whether you’d like your loan tenure to be just 12 months, or 84 months, with our pocket-friendly EMI repayment options.
Get an easy loan up to Rs 25 lakhs and up to 2% lower rates of interest as compared to personal loans available in the market.
Quick, 30 minute approvals and hassle-free loan disbursals. Check your eligibility in just 60 seconds here.
Benefits from our low EMI repayment option
Now apply for a Car Loan online, All you need to do is provide your details below application form.