Top Up
on Car Loan

Drive Away with Ease!

A top up loan on existing car loan allows you to keep your car in good shape or maybe add new features while staying on top of your money.

Let’s Connect
Used Car Financing

Car Loan Top Up

Owning a car remains one of the most wanted desires in our lives. Be it for quality family time or your daily commute to and from work, owning a car has always been one of those grand milestones. However, a fund problem or a cumbersome loan processing could make us stumble, making the dream unable to take off from paper to reality. But that's where pre-qualification comes in through it, a car loan can become available to you in just a blink of an eye!

A car loan top up helps with extra costs like repairs or upgrades without getting another loan. It lets you borrow more on your current car loan. Payments are spread over 1 to 5 years, making them easier to handle.

Unique Variants of Top Up
on Car Loans in Jaipur

Flexi Term Loan

It offers flexibility in repayment options; it facilitates the ease of adjusting your EMI according to your financial position and is, therefore, the most suitable option for an existing car loan.

Flexi Hybrid Loan

It offers the flexibility of paying only interest during the initial tenure, followed by regular EMI payments for the remaining term.

Term Loan

It is a traditional loan with fixed equated monthly installments throughout the loan period, hence very stable and comfortable to budget.

Key Features

Features and Benefits

Fast and smooth

Application and dispensing the top-up on a car loan is generally quick and easy.

Few Papers Needed

Applying for a top-up car loan may require only a couple of basic documents.

Easy Payment Terms

Choosing a repayment period that matches your finances is possible.

Good Loan Rates

Our top-up car loans stand out for competitive interest rates tailored to your needs, along with flexible repayment options and personalized customer service, promising a hassle-free experience.

Eligibility

Eligibility Criteria and Documents Required for Car Loan Top Up

The documents required and the eligibility criteria for top up on car loans vary from lender to lender. However, some of the basic requirements are:

  • A CIBIL score is required for a car loan. It should go beyond 700.
  • Applicants need to be residents of Rajasthan.
  • The car should come from 2012 or later.
  • Previous or current car loans must have been paid for at least 11 months through EMI.
  • Only one request is allowed for a car loan at a time.
  • Another loan request cannot happen until the previous one is finished.
Contact With Us

Frequently Asked Questions

The principal difference between car loan top up and regular car loans is that while a regular loan was used in facilitating car purchase, a top-up loan is one taken over and above an already existing loan on a car. Top-up loans provide additional finance.

A loan top-up normally takes a few days to process, depending on the lender's procedures and the applicant's eligibility. It is generally faster compared to the application for a new loan.

It all depends upon your financial situation. A top-up loan is more convenient and less costly, but a new loan might offer better terms if rates have improved since your original loan.

The tenure of repaying the top-up amount of a car loan is usually the same as the remaining tenure of the existing loan, but it may vary according to the lender's policies or requirements of the borrower.

Yes, lenders often charge extra for the processing of topping up a car loan, such as administrative fees, service charges, or a slight increase in the interest rate according to the lender.

Yes, you can normally repay a car loan top-up before the term is over, though foreclosure charges or interest may apply depending upon the lender's terms and conditions.