![Vehicle Loan Vehicle Loan](https://www.maxxvalue.in/wp-content/uploads/2023/02/Vehicle-Loan.jpg)
Overview
Cars today are a basic utility that everyone feels the need to own. You’ve been waiting patiently and saving for that purpose. Maxxvalue Advisory offers you the opportunity to own a car that you would not dream to own a decade ago. Maxxvalue Advisory offers tailor-made car loans with exclusive features both for salaried and self-employed persons.
To get your car within your reach, talk to your Maxxvalue Advisory Team for constructive choices via phone, email, or chat, and apply for a Car Loan to get your Maxxvalue Advisory’ Flexible Car Loans Advantage. Own a car you want with the Maxxvalue Advisory team at your service!
Maxxvalue Advantage
High Value Loans
Easy Documentation
90% to 100% Finance Available
Quick & Simple Process
Low Interest Rates
Speedy Approval & Disbursal
Flexible Loan Tenures
Choice of Multiple Lender Offers
Friendly EMIs
Top Up Loans Available
Features & Benefits
Finance for purchasing of both new and used cars.
85% to 90% of on-road price available as finance. Some lenders also offer 100% finance depending on the vehicle on-road price
Loans tenures range from 1 year to 7 years.
Loan value or loan amount up to three times your annual income also sanctioned.
Instant finance also offered on select cars.
Additional discounts and offers available on dealer or manufacturer-lender tieups.
Purchased car acts as collateral until completion of loan repayment.
Repayment structured on easy Equated Monthly Instalments.
Eligibility Criteria
For Salaried Individuals
- Resident Citizen of India
- Minimum Age: 21 years
- Maximum Age: 60 years at Loan Maturity
- Income Requirement: Minimum Rs. 2,50,000 p.a.
- Employment: Minimum 2 years, and 1 year with Current Employer
- Health savings history and professional stability
For Self Employed Individuals
- Resident Citizens of India
- Minimum Age: 21 years
- Maximum Age: 65 years at Loan Maturity
- Income Requirement: Minimum Rs. 2,50,000 p.a.
- Business: Minimum 2 years in Current Profession
- Minimum 1 year Business Vintage
Documents Required
Proof of Identity:
- Voter ID, Passport, Driving License, Aadhaar Card
Age Proof:
- Voter ID, Passport, Birth Certificate, Aadhaar Card
Proof of Address:
- Rent Agreement, Bank Statement, Electricity Bill, Property Tax Receipt, Credit Card Bill
Proof of Income:
- 3 Months Salary Statements
- 6 Months Bank Statements
Proof of Employment:
- Employer Letter
- Identification Card
Financial Documents:
- Form-16
Photograph:
- 3 Passport Size Photograph
Need a Loan For any of your requirement?
Avail Instant Car Finance With Maxxvalue Advisory Pain-Less Application Process
![](https://www.maxxvalue.in/wp-content/uploads/2023/01/Car-Loan-Overview.png)
Top Up Loan on New Car Loan
A top up loan on your new car loan refers to a top up facility availed on your existing car loan. This means, that if you have availed a car loan from a lender, and you need additional funds for expenses of different kinds, you can take a top up loan on your existing car loan. This kind of facility offers instantly process your top up request for quick and instant approval, and disbursal of your additional funds. Some lenders offer you up to 150% of your car loan value, but this varies from lender to lender.
This kind of arrangement means, you don’t have to transfer your existing car loan to a new lender who offers you a top up along with a balance transfer. This also means, you are saving on time and energy, since you don’t have to make additional loan applications for new funds. This one-stop solution allows you access to funds in the form of a top up loan on your existing car loan without having to go shopping for a new lender. Talk to Maxxvalue Advisory for offers related to new car loans with top up facilities. Maxxvalue Advisory offers you a range of car loan solutions in collaboration with well-known banks and NBFCs.
Eligibility Criteria for a New Car Loan Top Up
To qualify for a new car top up loan, you will require to have an existing car loan with the same lender.
Your current car loan lender will have prescribed you a period of repayment of a certain amount, and you can avail top up loan when you complete this condition.
The car loan lender will want your repayment record to be good, and that too without overdue EMIs, and without missed EMIs.
You must be a person with good income, and stable occupation in order to qualify for a new car loan top up.
Your credit score reflects your ability to repay your borrowings, and for this, you need to have a good credit score.
![](https://www.maxxvalue.in/wp-content/uploads/2023/01/Used-Car-Loan-Top-up.png)
Documents Required for New Car Loan Top Up
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Application Form
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Registration Certificate of Vehicle
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KYC Documents
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