We Care about Your Car Loan
We provide Loan against car, Loan for purchase New car/Old car/ Car Re-finance
How To Get The Perfect Car Loan?
It is everyone’s dream to have a branded car along with the house. Car not only makes your life comfortable but also reduces many difficulties. Coming to the office while battling with public transport or going out for a weekend walk, everything becomes very easy. There are 3 types of Car Loans:-
New car loan
Banks offer you loans to buy new cars. Banks generally offer loan upto the cost of the new car 85% . In this loan, your car is mortgaged (hypothecated) with the bank. When you repay the loan, No Objection Certificate (NOC) the hypothecation can be removed by taking a from the bank.
Used car loan
If the bank gives you a loan to buy used car. The condition in this is that the car should not be more than three years old. By buying such a car, you can get of the value of the car upto to 150%..
Loan against used car
If you need money then you can take loan against your car from bank. This loan can be availed to meet virtually any requirement of yours. Even in this situation, banks give you loan the value of the car 150% upto. As long as you do not repay the loan to the bank, then you can not sell the car.