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Ezyloan

Drive Your Worry Away

Refinance your old car in time of financial burden. Apply online for a smooth and hassle free Refinance Car Loan. For repayment amount refer to our easy loan EMI calculator

Calculate Your Monthly EMI Amount

Monthly EMI Amount: 0
Principal Amount: 0
Total Interest: 0
Total Amount: 0

Benefits of Using Car Refinance Loan EMI Calculator

Get multiple loan options at one place:

No need to physically visit lenders.

Get the best deal:

Get a low rate of interest on your Car Refinance Loan via our EMI calculator with desired terms and conditions.

Shorten your loan term:

Calculate potential savings by paying off your loan faster and achieving financial freedom.

Understand impact of different variables:

See how changing the loan amount, interest rate, or term affects your monthly repayment and overall cost. Make smart choices according to your requirements.

Documents Required for your Loan against current car
  1. Vehicle Registration Certificate (RC): This document proves ownership of the vehicle and is required for the verification purposes.
  2. Valid ID Proof: This could either be a driver's license, passport, Aadhaar card, or any government-issued ID that establishes your identity.
  3. Address Proof: Documents such as utility bills, rental agreement , or any official correspondence that verifies your residential address.
  4. Income Proof: Depending on the lender's requirements, you may need to provide income documents such as salary slips, bank statements, or income tax return to demonstrate your ability to repay the loan.
  5. Photographs: Passport-sized photographs for documentation purposes
Get loan against car in 5 easy steps
  1. Apply for Loan and Submit Loan Application
  2. Check Eligibility
  3. Gather Required Documents
  4. Loan Approval and Sign the Loan Agreement
  5. Disbursement of Funds
For Salaried Individuals
  1. Proof of Identity (Any One): (Aadhaar Card, Voter ID Card, PAN Card)
  2. Proof of Address (Any One): (Aadhaar Card, Voter ID Card, Electricity, Water, Gas bill)
  3. Proof of Income: Salary Slips, Income Tax Return (ITR), Bank Statements
  4. Vehicle Documents : Vehicle Registration Certificate (RC)
For Self-Employed Individuals
  1. Minimum Business setup of 2 years
  2. Income proof
  3. Car Ownership Details
  4. Proof of Address (Any One): (Aadhaar Card, Voter ID Card, Electricity, Water, Gas bill)
  5. Vehicle Documents : Vehicle Registration Certificate (RC)

Frequently Asked Questions

If you have additional questions, please give us a call at +91 6372977626 or email us at anytime at Conatct@ezyloan.co.in

You can apply for a secured loan where your used car is used as collateral. The loan amount typically depends on the car’s market value, age, and condition.

The eligibility criteria may include a minimum age requirement, proof of income, and ownership of the car. The car should also meet specific age and condition standards.

The loan amount can vary, but it is usually a percentage of your car's current market value, often ranging between 50% to 80%.

The interest rate on a loan against a used car depends on factors such as the car’s value, your credit score, and the lender’s policies. Typically, the rates are lower for secured loans.

The processing time may vary by lender but generally takes a few days once all required documents are submitted and verified.

Commonly required documents include proof of car ownership, car insurance, identity proof, address proof, and proof of income.
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