Loan Against Car

  • Home
  • Loan Against Car
image

Features of Loan Against Car

  • Secured Loan with car as hypothecation / collateral.
  • Loan term - 3 to 5years.
  • Car will be of premium segment with more than 8 lakh of Rupees.
  • Loan amount will be approx. 120-170 % of existing value of car.
  • Amount of loan will be calculated on the basis of Car IDV and condition.
  • Part payment - allowed (as per sanction letter).
  • Pre-closer - case to case basis.
  • Cibil or past repayment track should be clean.

Hassle-free
process

Easy loan
Repayment

100%
Transparency

Copyright @ 2022 SME Credit. All rights reserved.