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



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Features & Benefits

Loan Against Car – Unlock the Value of Your Vehicle Loanindeed

Features & Benefits

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(Instant Approval)
Apply with Loanindeed, and we will guarantee minimal loan rejection.
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(100% Online Process)
Don’t visit the banks. Apply for a loan online without leaving your comfort.
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(Minimal Documentation)
Get a loan approval after submitting just 6-7 basic digital documents with Loanindeed.
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(No Collateral Required)
Get flexible loans without mortgaging movable or immovable property.
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(Flexible Loan Amount)
Get loans as per your requirements, ranging from ₹1 lakh to ₹50 lakh.
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(Flexible Tenure)
Get EMIs according to whatever loan amount you apply for with Loanindeed, with tenure ranging from 2 years to 7 years.

Eligibility Criteria for Loan Against Car – Unlock the Value of Your Vehicle

  • Age
    Age : 21 to 60
  • Minimum Income
    ₹ 25K
  • Minimum Tenure
    upto 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:

  1. Visit the website loaninded.com
  2. Fill in basic details – name, mobile, car registration number
  3. Upload documents
  4. Get approval and sign the agreement digitally
  5. 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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Choose from a wide range of customized loan plans tailored to meet your financial needs.

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