Car Refinance
Lower Your EMI
Refinance your existing car loan at a better rate, or unlock cash from your car's value and keep driving it. Rates from 11.99% p.a., up to 200% of car value, minimal paperwork.
20+ Banking Partners
Car Refinance at a Glance
Features & Benefits
Lower Payments
Get a new loan at a lower interest rate and reduce your monthly EMI.
Max Funding
Get up to 200% of your car's market value.
Shorten Loan Term
Choose a shorter tenure and pay off your car sooner.
Different Lender
Switch to a new lender for better rates, terms and service.
Adjustable Terms
Tailor the loan to match your current financial situation.
Pay Off Sooner
Shorter terms help you become debt-free faster.
Improved Finances
Align your loan with your income and circumstances today.
Keep Driving
Raise funds against your car and keep using it every day.
Who Can Apply
Age 21–65, a credit score of around 680+, stable income, and at least 12 EMIs paid on any active car loan.
Salaried Individuals
Employed with a regular salary
- Aged 21+ at application and up to 60 at the end of the tenure
- At least 2 years of work experience, 1 year with the current employer
- Minimum income ₹2,50,000 per year (including spouse / co-applicant)
- At least 12 EMIs paid if there is an active loan on the car
Self-Employed Individuals
Business owners & professionals
- Aged 25+ at application and up to 60 at the end of the tenure
- In business for at least 2 years
- Minimum income ₹2,50,000 per year
- At least 12 EMIs paid if there is an active loan on the car
Factors Affecting Your Eligibility
Documents Required
Keep these handy for a quick approval
- KYC documents (valid photo ID proof)
- PAN Card
- Last 2 years' ITR (self-employed)
- Salary slips (latest 3 months)
- Salary account statement (latest 6 months)
- Signature verification proof
- Registration Certificate (RC) of the car
- Loan track (if there is an active loan on the car)
- Car insurance
Fees & Charges
Transparent, no hidden charges
Your current lender may also charge a foreclosure fee when the old loan is closed. Exact charges vary by lender.
Ready to Refinance Your Car?
Apply online now and get pre-approved in 24 hours. We compare 20+ partner banks to get you the lowest rate.