Life is filled with surprises. To be able to fulfill your dreams and aspirations one can add a bit extra to your car loan. Utilize used car loan top-up from Paisalello to upgrade your financial requirements without having to start from scratch
Enhance Your Car Loan
with a Top-Up Loan.
A Car Loan Top Up enables you to borrow extra money secured against a vehicle you already own without needing an entirely new loan. It helps cover financial shortfalls, new expenses, or upgrades by extending your existing auto loan principal amount rather than starting a separate loan. There is more flexibility in comparison to either selling your car or taking a fresh loan.
Features & Benefits
Competitive
Rates
Fast and
Efficient
Transparent & Reliable
Ready to Experience the Benefits of Car Loan Top Up?
Eligibility
for Car Loan Top Up
- Minimum 20 and maximum 60 years of age.
- Minimum employment of 2 years in the current company.
- Minimum income of Rs 3,00,000 a year
- Valid Car Registration
Documents
Required for Car Loan Top Up
- Completed application form
- A recent passport size photograph
- Identification Proof
- Address proof
- Income Proof (3 months salary slips)
- Vehicle RC Copy
- Loan track statement
Why choose Paisalello for your Car Loan Top-Up
Still driving your reliable car but need extra cash for unexpected bills or expenses? We get it! Instead of the hassle of a totally new loan choose Paisalello car loan top up. At Paisalello, we specialize in easy, customized car loan top ups allowing you to borrow against your vehicle’s value with no change in possession.
Frequently Asked Questions
If you have additional questions, please give us a call at 011 4005 4005 or email us at anytime at info@paisalello.com.
What is a Car Loan Top-Up?
A Car Loan Top-Up allows you to borrow additional funds against your existing car loan. Paisalello provides you the flexibility for opting for Car Loan Top-Up to take care of all your financial needs.
How much money can I borrow with a Car Loan Top-Up?
The amount totally depends on the current value of your car, the present outstanding loan balance and your credit worthiness.
What is the interest rate for Car Loan Top-Up?
Paisalello offers a competitive interest rate to its customers. The exact rate of interest is determined by your credit score and loan amount. We ensure complete transparency alongside terms and conditions upfront. Rest assured, you will know exactly what you are getting into before you borrow.
What documents do I need to apply for a Car Loan Top-Up?
The required documents typically include:
- ID proof
- Income proof
- Existing car loan documents,
- Valid Car Registration.
We offer a streamlined process and minimum amount of paperwork for your convenience.
How long does it take for a Car Loan Top-Up to get approved?
Our approval process is fast and efficient. Once you have submitted the required documents verification and acceptance can take within 48 to 72 hours.
What are the repayment options on a Car Loan Top-Up?
We offer flexible repayment options to suit your budget and financial needs. You can choose a term that extends your existing loan or opt for a separate repayment schedule.
On non-repayment of Car Loan Top-Up, will my car be seized?
Normally on non-repayment of Car Loan Top Up, your car acts as collateral. However, for the benefit of our customers, we work along with you to find a solution to ease the payment difficulty. Our goal is to help you manage your finances responsibly, not get your car seized.
Are there any hidden charges associated while securing a Car Loan Top-Up?
At Paisalello, we believe in providing total transparency to a customer seeking a loan. Our terms and conditions are upfront. For a Car Loan Top-Up there are no hidden charges. The interest rate and any administrative charges if applicable will be communicated to you beforehand.
Why choose Paisalello for your Car Loan Top-Up?
We are a trusted financial partner with a proven track record of helping customers achieve their financial goals. As an entity, we offer a competitive rate, flexible options, and a customer- centric approach. Our application process is simple, reliable, and stress-free.