Loan Against Car in Delhi NCR
Unlock cash against your car's value in Delhi NCR at accessible interest rates — and keep driving it while you repay.
Rate from
Accessible
Max funding
Valuation-Based
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 — at accessible rates, 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.
Accessible 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 Tier | Max tenure | Funding |
|---|---|---|---|
 SBI | Lowest Rate | 7 yrs | High Funding |
 HDFC Bank | Very Competitive | 7 yrs | Maximum Funding* |
 ICICI Bank | Very Competitive | 7 yrs | Maximum Funding* |
 Axis Bank | Competitive | 7 yrs | High Funding |
 Kotak Mahindra | Competitive | 7 yrs | High Funding |
- Lowest RateSBI
7 yrs • High Funding
- Very CompetitiveHDFC Bank
7 yrs • Maximum Funding*
- Very CompetitiveICICI Bank
7 yrs • Maximum Funding*
- CompetitiveAxis Bank
7 yrs • High Funding
- CompetitiveKotak Mahindra
7 yrs • High 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.
A portion of the car's assessed value, depending on the lender.
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 in Delhi NCR are typically higher than standard car purchase loans, since these are shorter-tenure, cash-out products with a different risk profile for lenders. CarFinanceWala compares lenders to keep your rate as low as possible.
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