If you own a car and need urgent funds, selling your vehicle is not the only option. With Bankstore’s Used Car Loan (Loan Against Car), you can unlock the true value of your car without parting ways with it. We provide quick, secure, and hassle-free loans against your vehicle at an attractive Minimum ROI of just 18%.
At Bankstore, we are partnered with India’s leading NBFCs, ensuring that our customers get reliable service, faster approvals, and flexible repayment options.
✅ Why Choose Bankstore for a Used Car Loan?
- Keep Your Car, Get Instant Cash
- Loan Amount – From ₹1 Lakh to ₹50 Lakhs+
- Attractive Interest Rate – Minimum ROI starting at 18%
- Flexible Repayment Tenure
- ⚡ Quick Approval & Disbursal
- 100% Online Application
- Secure & Transparent – No hidden charges
Our Trusted NBFC Partners
| NBFC Partner | Special Features |
|---|---|
| Bajaj Finserv | Flexible repayment, quick processing, wide loan amount range. |
| Tata Capital | Trusted brand, affordable EMIs, transparent process. |
| HDB Financial Services | Strong presence across India, customer-friendly approach. |
| Mahindra Finance | Specializes in vehicle financing, flexible eligibility criteria. |
| Shriram Finance | Quick approvals, competitive offers, wide branch network. |
| Cholamandalam Finance | Trusted NBFC with hassle-free processing. |
Loan Features at a Glance
| Feature | Details |
|---|---|
| Loan Type | Loan Against Used Car |
| Loan Amount | ₹1 Lakh – ₹50 Lakhs+ |
| Rate of Interest (ROI) | Minimum 18% onwards |
| Tenure | Flexible repayment options |
| Processing | Quick approval, minimal documentation |
| Eligibility | Based on car value, income, repayment capacity |
| Application Mode | 100% Online via Bankstore.in |
Benefits of Taking a Used Car Loan Through Bankstore
- Lowest ROI starting at 18%
- Tie-ups with Top NBFCs
- Keep Your Car while getting funds
- Quick Processing & Disbursal
- Flexible Tenure Options
- Minimal Documentation
- Trusted & Secure Process
Eligibility Criteria
- Valid car ownership documents
- KYC documents (ID & Address Proof)
- Income proof (salary slip, bank statement, or ITR)
- Car in good condition with proper registration
How to Apply for a Used Car Loan with Bankstore?
- Visit Bankstore.in
- Choose Used Car Loan option
- Fill in details & upload documents
- Get instant eligibility check
- Loan approval & quick disbursal
Why Bankstore is the Right Choice
- Best loan deals from top NBFCs
- Personalized assistance
- Faster approvals compared to banks
- Secure online platform
Final Thoughts
A Used Car Loan (Loan Against Car) is a smart way to manage urgent financial needs without losing ownership of your vehicle. With Bankstore’s minimum ROI of 18%, tie-ups with top NBFCs, and a 100% hassle-free process, you can be assured of a smooth borrowing experience.
Call us at +91 7428291441 or apply online at Bankstore.in today.
❓ Frequently Asked Questions (FAQs)
1. What is a Used Car Loan (Loan Against Car)?
A used car loan allows you to borrow money by pledging your existing car as collateral. You continue using the car while repaying the loan.
2. What is the minimum interest rate offered by Bankstore?
Bankstore offers loans against cars at a minimum ROI of 18%.
3. How much loan can I get against my car?
You can get between ₹1 Lakh to ₹50 Lakhs+, depending on your car’s value and eligibility.
4. Which NBFCs are Bankstore tied up with?
We are associated with top Indian NBFCs like Bajaj Finserv, Tata Capital, HDB Financial Services, Mahindra Finance, Shriram Finance, and Cholamandalam Finance.
5. How long does loan approval take?
With minimal documentation, loans are usually approved quickly and disbursed fast.
6. Can I prepay my loan before the tenure ends?
Yes, you can prepay your loan. Some NBFCs may charge a small foreclosure fee.
7. What happens if I miss an EMI?
Missing an EMI may attract late charges and affect your CIBIL score. It’s best to pay on time.
8. Do I need to leave my car with the lender?
No. You can continue using your car while it is pledged for the loan.