Loan Against Car

Why choose Rupyy?

Digital lending

Digital lending

Paper-less, digital, hassle-free process.

Quick Processing

Quick Processing

Loans that can be processed in less than 2 days.

Lower Personal Loan

Lower ROI than Personal loans

ROI on loan against used car less than ROI on personal loans.

Flexible Loan Tenure

Flexible Loan Tenure

Flexible Loan repayment tenure that can be negotiated.

Loan Against Car Eligibility

You are eligible to avail a car loan if you meet the below criteria


For Salaried Individuals

  • Individuals who are a minimum of 21 years of age at the time of applying for the loan, and no older than 60 at the end of the loan tenure
  • Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer
  • Those who earn a minimum of ₹ 2,50,000 per year, including the income of the spouse.
  • Individuals who own a car and have paid at least 12 EMIs if there is an active loan on their car.

For Self-employed Individuals

  • Individuals who are a minimum of 25 years of age at the time of applying for the loan, and no older than 60 at the end of the loan tenure.
  • Individuals who have been in business for minimum 2 years.
  • Those who earn a minimum of ₹2,50,000 per year.
  • Individuals who own a car and have paid at least 12 EMIs if there is an active loan on their car.
*Final eligibility is subject to profile and credit score
loan against Car documents

Documents required for loan against car

You need to submit the following documents for processing your application
  • KYC documents (Valid Photo ID Proofs)
  • PAN Card
  • Last 2 years ITR as proof of income (for self-employed individuals)
  • Salary Slip (latest 3 months)
  • Salary account statement(latest 6 months)
  • Signature Verification Proof
  • Registration Certificate of the car
  • Loan track (if there is an active loan on the car)
*Final list of required documents is subject to the lender you apply with and your profile

Avail loan in 4 simple steps


Submit your details

Fill your details on our platform


Check eligibility

Check your eligibility based on details submitted


Upload documents

Verify your identity


Leave the rest to us

Loan disbursal process initiated

Locations for Loan Against Car

Rupyy currently provides Loan against car across 22 other cities in India.

  • Loan against car in AhmedabadAhmedabad
  • Loan against car in BangaloreBangalore
  • Loan against car in BhubaneswarBhubaneswar
  • Loan against car in ChandigarhChandigarh
  • Loan against car in ChennaiChennai
  • Loan against car in CoimbatoreCoimbatore
  • Loan against car in Delhi NCRDelhi NCR
  • Loan against car in GuwahatiGuwahati
  • Loan against car in HyderabadHyderabad
  • Loan against car in IndoreIndore
  • Loan against car in JodhpurJodhpur
  • Loan against car in JaipurJaipur
  • Loan against car in KochiKochi
  • Loan against car in LudhianaLudhiana
  • Loan against car in LucknowLucknow
  • Loan against car in MumbaiMumbai
  • Loan against car in MysoreMysore
  • Loan against car in NagpurNagpur
  • Loan against car in PunePune
  • Loan against car in SuratSurat
  • Loan against car in VadodaraVadodara
  • Loan against car in VisakhapatnamVisakhapatnam

Lending Partners

  • ICICI Bank
  • Axis Bank
  • IDFC First Bank
  • Kotak Mahindra
  • Tata Capital
  • Bajaj Finserv
  • Hero Fincorp
  • Mahindra Finance


What is loan against car?

Loan against car is an easy and hassle free loan offered against your car. It is an excellent option if you need funds quickly for any other financial requirement. Loan against car gets you a secured loan without having to mortgage any other asset.

Why should I take a loan against car?

Loan against car is an easy way to get cash instantly. The loan can be utilized for almost any purpose. The tenures are pretty convenient and interest rates offered are lower than Personal Loans. Also, you get this loan amount on your existing car loan; hence it entails lesser documentation and easier processing when compared to a fresh loan.

What happens if I am already running a car loan on my car?

If you have paid more than 12 EMIs on your existing car loan, we have exciting Loan against car offers from India's leading auto loan financiers. Just fill up the form on the website to start your Loan against car application and we will help you get your loan.

What if I don’t have a loan running on my car?

If you own a car, we have a loan offer for you! In case you have closed your loan in recent 3 months, we will use your car loan track record to generate offers for you. In case you have closed before 3 months, we can still offer you loan against car basis your income & repayment details.If you have never availed a loan on your current car, we can also get you a refinance loan against the same car.

What will be the RTO charges and who will bear them?

RTO charges vary from case to case and will be communicated to you by Rupyy executive after loan approval. Respective charges will be directly withheld from your disbursed loan amount by us.

How can I release the hypothecation of my car after I have repaid the loan?

After repaying the whole loan, you will be issued a No Objection Certificate (NOC) from the lender. You can take this document to the RTO for release of hypothecation of your vehicle.

What are the documents required for processing of loan?

To process your loan against car application with the selected financier, you would require to submit a copy of loan account statement, your KYC documents, a copy of your PAN card, the RC of your car and 6 months bank statement from which your existing EMI is paid.

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We are here to help you find the best Interest rate for your
Loan Against Car

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Your one-stop shop for all finance needs. Avail 100% paperless loan in less than 24 hours.Address : Gaadi Web Private Limited, 11th Floor, Tower B, Emaar Digital Greens, Golf Course Extension Road, Sector-61, Gurugram-122 102, Haryana, India.


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rupyy emi is a used car loan product that is financed by Girnar Capital Pvt. Ltd. (Formerly known as Khemlani Finance Pvt. Ltd.).
Girnar Capital Pvt. Ltd. is an RBI registered NBFC.
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