Top-Up Loan
Get additional funds quickly with our easy top-up loan options
Top-Up Loan
Get additional funds quickly with our easy top-up loan options
Extra Funds at No Extra Cost
Top-Up Loan simplified
Get quick access to additional funds on your existing car loan up to 150% of the car's value to meet emergency needs like business expansion, education, or home improvements. It gives you extra flexibility with minimal effort, and simplifies your financial planning.
Interest rates starting at 11.49%* p.a.
Loan offer in minutes
Seamless balance transfers
Longer tenure of up to 72 months
Lowest Rates and Simplest Terms
Explore the features and benefits of choosing our top-up loan:
Lowest Rates and Simplest Terms
Explore the features and benefits of choosing our top-up loan:
Zero-Fee Balance Transfers
Get balance transfers at no extra cost.
24x7 Availability
Apply for your loan anytime, we’re available round the clock.
Quick Approval
Get swift loan approval in minutes.
Lowest Interest Rates
Enjoy competitive interest rates starting at 11.49%* p.a.
Instant Disbursals
Quick, simple processes with minimal paperwork.
Flexible Tenures
Choose convenient EMI options spanning up to six years.
EMI Calculator
Plan your monthly EMI with our Top-Up Loan EMI calculator.
Am I Eligible for a Top Up Car Loan? Let’s Find Out.
1-2-3 Steps to get a Top-Up Loan
Follow these simple steps to apply for a LOANS24 top-up loan:
Check your eligibility
Share your personal, income and existing car loan details to get pre-approved
Select your loan offer
Customise your EMIs from a range of loan amount and tenures
Submit and sit back
Upload your documents, our executives will get in touch to handle rest of the process
Loan approval, transfer and disbursal
Your Document Checklist
Keep these documents handy. It’s the standard list required for your loan application.
Identity Proof
- PAN card (mandatory)
- Aadhar card/ Driver’s licence/ Voter ID/Passport
Address Proof
- Aadhaar/ Passport /Voter ID/ Driver’s licence/ Utility bills/Passport/Notarized rent agreement
Income Proof (Optional)
- 6 months’ bank statement
- 3 months’ salary slips or equivalent business proof
Vehicle Documents
Any one of the below:
- Registration certificate (RC)
- Loan Account Statement
100% Transparent Rates and Charges
A top-up loan with LOANS24 allows you to borrow additional money based on your existing car loan. Our top-up loan on an existing car loan is designed to be straightforward and transparent. We offer competitive interest rates with no hidden fees, so you know exactly what you're paying for. Here’s a breakdown of our fees and charges:
| Types of fee | Applicable Charges |
|---|---|
| Interest rates | 11.49%* p.a onwards (reducing) |
| Processing fees | 2.5% of the loan amount onwards |
| Car Health Monitor (CHM) charges | ₹4,300 onwards |
| Documentation fees and stamp duty charges | ₹2,500 onwards |
| Pre-closure charges | 1) Within 6 months- lock-in period (loan cannot be closed) 2) After 6 months- 5% of the outstanding loan amount + GST |
| Pre-closure letter charges | ₹500 per instance |
| Loan insurance charges | As per actuals |
| Motor insurance charges | As per actuals |
| Deal cancellation charges | ₹5,000 (post-loan agreement is executed and pre-disbursal of the Loan) |
| Statement of Account charges | Free of cost once a month, any additional SOA request would invite charges of ₹500 per instance. |
| Loan rescheduling/rebooking charges | ₹1,000 per instance |
| Document/information default | ₹500 per instance |
| No Objection Certificate upon loan closure | ₹1,000 per instance |
| NOC for conversion to LPG/CNG | ₹5,000 per instance |
| Duplicate NOC | ₹1,000 per instance |
| Value-added services | As per actuals |
**These charges are all exclusive of GST. GST will be applied over and above these.
It's essential to carefully review the terms and conditions to fully understand any potential additional charges. By providing a clear breakdown of all charges related to your Top-Up loan, we reinforce our commitment to transparency and trust.
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