Loan Against Car – Unlock the Value of Your Vehicle
If you own a car and are in urgent need of funds, a Loan Against Car can be a smart, hassle-free solution. It allows you to borrow money by leveraging your existing car, without selling it. Whether it’s for a medical emergency, business expansion, wedding, or any personal need, this loan helps you get quick cash without disturbing your daily life. In this guide, we’ll cover everything you need to know about loans against cars — how it works, benefits, eligibility, interest rates, and more.
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Overview
Loan Calculator
Amount
Length
% Interest
Features & Benefits
Loan Against Car – Unlock the Value of Your Vehicle Loanindeed
Features & Benefits
Eligibility Criteria for Loan Against Car – Unlock the Value of Your Vehicle
-
AgeAge : 21 to 60
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Minimum Income₹ 25K
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Minimum Tenureupto 5 years
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Required Documents
Here are the basic documents needed to apply:
For Individuals:
- PAN Card
- Aadhaar Card
- Income proof (Salary slips /
ITR)
- Car RC (Registration
Certificate)
- Insurance papers
- Address proof
- Bank statement (last 3–6
months)
For Businesses:
- GST certificate / Business
registration proof
- Bank statement (last 6
months)
- Company PAN & Address
proof
- Car documents
How to Apply
Getting a
Loan Against Car online is quick and easy:
- Visit the website loaninded.com
- Fill in basic details – name, mobile, car
registration number
- Upload documents
- Get approval and sign the agreement
digitally
- Loan disbursed to your bank
account
Got Questions? We’ve Got Answers!
Explore some of the most common questions about our Loanindeed. If you don’t find what you’re looking for, our team is always here to help!
Can I get a loan against a used car?
Yes, as long as the car is not too old (usually less than 8–10 years), you can get a loan against a used car.
2. What happens if I fail to repay the loan?
The lender has the right to seize the vehicle if EMIs are not paid. Always ensure timely repayment.
Will my car be hypothecated?
Yes, the lender will place a hypothecation on the RC, which will be removed once the loan is repaid.
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