Loan Against Car in Delhi NCR
Unlock cash against your car's value in Delhi NCR from 12%* p.a. — and keep driving it while you repay.
Rate from
12%
Max funding
—
Max tenure
5 years
Private consultation
Get a free quote
We’ll call you back with the best offer.
A loan against your car lets you borrow against your vehicle's value for any need — business, medical or personal — from rates starting at 12%* p.a., while you continue to use the car. Quick approval and competitive rates compared to unsecured loans.
Keep driving
Use your car while you repay.
Quick funds
Fast valuation and disbursal.
Flexible use
Funds for any personal or business need.
Competitive rates
Lower than most unsecured loans.
Eligibility
- Own a car with clear title (or low outstanding)
- Age 21–65 years
- Regular income
- Resident of Delhi NCR
- Even a low CIBIL score may qualify, since the loan is secured against the car's value
Documents required
- PAN & Aadhaar (KYC)
- Car RC & insurance
- Address proof
- Income proof
- 6 months' bank statement
How it works
From enquiry to approval in 4 steps
A simple, transparent process managed end to end by our team.
- 1
Valuation
We assess your car's value.
- 2
Offer
We source the best loan amount and rate.
- 3
Docs
We complete the paperwork.
- 4
Disbursal
Funds credited to your account.
Rates
Compare lender rates
Indicative starting rates from our partner banks and NBFCs.
| Bank / Lender | Rate from | Max tenure | Max funding |
|---|---|---|---|
 SBI | 9.20% | 7 yrs | 90% |
 HDFC Bank | 9.40% | 7 yrs | 100%* |
 ICICI Bank | 9.45% | 7 yrs | 100%* |
 Axis Bank | 9.50% | 7 yrs | 95% |
 Kotak Mahindra | 9.55% | 7 yrs | 90% |
- 9.20%SBI
7 yrs • 90% funding
- 9.40%HDFC Bank
7 yrs • 100%* funding
- 9.45%ICICI Bank
7 yrs • 100%* funding
- 9.50%Axis Bank
7 yrs • 95% funding
- 9.55%Kotak Mahindra
7 yrs • 90% funding
*Indicative rates for comparison only. Actual rate depends on your profile and lender approval.
FAQ
Loan Against Car FAQs
Common questions about loan against car in Delhi NCR.
Yes. Unlike a traditional car loan where the vehicle is financed for purchase, a loan against car allows you to retain full use of the vehicle throughout the loan tenure while the car's registration papers are held as collateral.
Loan amounts are typically a percentage of the car's current assessed market value, with the exact figure depending on the vehicle's age, condition, and the lender's specific valuation norms. CarFinanceWala arranges an independent valuation to determine your eligible amount.
Yes, in many cases. A low outstanding balance on an existing car loan does not automatically disqualify you — CarFinanceWala assesses this case by case, and some lenders will factor in the outstanding amount when determining the new loan amount.
Loan against car rates typically start from 12% p.a. in Delhi NCR, higher than standard car purchase loans since these are shorter-tenure, cash-out products with a different risk profile for lenders.
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