A car loan transfer allows you to move your existing loan to a lender that offers better interest rates and loan terms. By shifting your loan, you can lower your EMI, save interest, and even get a top-up loan to cover additional financial needs.
Maximum Loan
Banks Provide Loans upto 200% of used car Value
Customisable Repayment Terms
Choose repayment terms thats suits your financial goals
Quick & Convenient Processing
Fast & Hassle free loan processing for your immediate needs
Lower Interest Rate
Top-Up your funds,Not your worries-Lower rates for unxpected fixes
Minimal Documentation
Minimal Paperwork,Just provide updated documents for a Quick Hassle free expirence
Switching to Better Lender
A balance transfer can provide an opportunity to move to a lender that offers a better experience.
TOP-UP LOAN
A top-up loan refers to an additional loan taken in conjunction with an existing one, such as a vehicle, personal, or mortgage loan. These loans are favored because they enable you to access additional funds without the hassle of establishing a new loan agreement. If you’ve been consistent with your repayments on a personal, car, or home loan, you might be eligible for a top-up loan.
For example, if you currently have a car loan and suddenly find yourself needing additional funds for repairs or enhancements, you can apply for a top-up loan instead of taking out a new loan. This approach streamlines the process and typically provides lower interest rates compared to unsecured loans.To be elegible for top loan
- Have a good credit history with a minimum credit score
- Have been making regular payments on your existing car loan for a specified period (can be between 12 and 15 months as per the internal policies of the lender)
Documents Required for Loan
For Salaried Person
✅Latest 3 Months Salary Slip
✅ Form-16
✅6 Months Bank Statement
✅ KYC Dcouments
✅ Copy of RC & Insurance
✅ Signature Verification Proof
✅ Empolyment Continuity Proof
For Self Employed
✅ Income Proof : Latest 2 Yr. ITR with Computaion of Income
✅6 Months Bank Statement
✅ KYC Documents
✅ Copy of RC & Insurance
✅ Signature Verification Proof
✅ Employment Continuity Proof
For Partnership Firm
✅Income Proof : Audited Balance Sheet,P&L and Latest 2 Yr. ITR
✅ 6 Months Bank Statement
✅ KYC Documents
✅ Copy of RC & Insurance
✅ Signature Verification Proof
✅Employment Continuity Proof
For Private Limited Company
✅Income Proof : Audited Balance Sheet,P&L and Latest 2 Yr. ITR
✅ 6 Months Bank Statement
✅ KYC Documents
✅ Copy of RC & Insurance
✅ Signature Verification Proof
✅Employment Continuity Proof
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