Car Loan Top-Up: Manage Expenses with Extra Funds

Access funds from your approved loan limit whenever necessary and repay the loan when you possess surplus funds.
Used Car Loan
3 minutes
01 April 2024

Choosing the right loan to bring home your dream car is an important decision. Our used car loan is a customised offering designed to help you finance your ideal pre-owned vehicle. With high loan amounts and flexible repayment tenures, we ensure your borrowing journey is smooth, convenient, and tailored to your financial comfort.

Get the Flexi Loan advantage

The Flexi Loan variant of our used car loan offers greater freedom than traditional loans with fixed EMIs. You can withdraw funds from your approved loan limit as needed and repay when surplus funds are available. Interest is charged only on the amount you use, making it a more cost-effective and manageable option for many borrowers.

Flexi Loan variants and their benefits

We offer two types of Flexi Loans: Flexi Hybrid Term Loan and Flexi Term Loan.
The Flexi Hybrid Term Loan allows you to borrow as needed from your sanctioned amount and make prepayments at your convenience. During the initial tenure, you pay interest-only EMIs, easing your monthly burden.

The Flexi Term Loan resembles a standard loan but lets you make multiple withdrawals and partial prepayments.

Your choice depends on your financial goals. If you prefer lower EMIs early on along with flexible withdrawals, the Flexi Hybrid Term Loan is ideal. With used car finance offering such versatility, owning a pre-owned vehicle becomes a smarter, stress-free decision.

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