Need urgent money but don't want to sell your vehicle? MyFNG helps car owners unlock the value of their car with fast approval & quick disbursal.
Continue using your vehicle while getting funds.
Quick approvals and minimal paperwork.
We compare multiple lenders for best rates.
MyFNG team assists you at your location.
MyFNG partners with leading banks & NBFCs to help you get the best loan offer based on your car value, profile, and city. Compare lenders and choose what suits you best.
| Lender | Interest Rates | Loan Offer |
|---|---|---|
| Poonawala Finance | 11% – 16% | Up to 200% of the car value |
| HDFC Bank | 12.75% – 14% | Up to 200% of the car value |
| Axis Bank | 14% – 16% | Up to 150% of the car value |
| ICICI Bank | 14% – 15.5% | Up to 160% of the car value |
| Tata Capital | 14.5% – 16% | Up to 200% of the car value |
| Bajaj Finance | 14.5% – 15.75% | Up to 200% of the car value |
| Hero Fincorp | 16% – 18% | Up to 200% of the car value |
*Interest rates may vary based on profile, city, credit score, and vehicle condition.
Understand the requirements and maximise your chances of getting approved for a loan against your car.
Eligible even if you already have a car loan. You must have paid at least 9 EMIs.
Top-up loan possible if your existing car loan has completed at least 9 EMIs.
These are the basic documents required to get you started.
* The final list of documents may vary depending on the lender and your personal profile.
Example: Loan against car ₹10,00,000 at ~12.75% for 5 years → EMI approx ₹22,625/month. Processing fees, stamp duty and bank charges will be disclosed by the lender before disbursal. Loan tenure generally ranges between 3 to 5 years based on profile and vehicle age. Interest rate and approval may vary based on credit assessment.
| Documents Required | Salaried Individuals | Self-Employed Individuals |
|---|---|---|
| Aadhar Card | ✔ | ✔ |
| PAN Card | ✔ | ✔ |
| Car Registration Certificate (RC) | ✔ | ✔ |
| GST Certificate / Udyam / Shop Act | ✖ | ✔ |
| Bank Account Statement (Last 6 Months) | ✔ | ✔ |
| Latest Electricity Bill | ✔ | ✔ |
| Passport Size Photograph | ✔ | ✔ |
| Last 2 Years ITR | ✖ | ✔ |
| Salary Slips (Last 3 Months) | ✔ | ✖ |
| Form 16 (Last 2 Years) | ✔ | ✖ |
Fill the short eligibility form with your car & contact details.
Our team checks your vehicle value through smart AI valuation & verification.
We connect you with our partnered banks/NBFCs for best loan options.
Money is transferred directly to your bank account after approval.
Book your car service today with My FNG – Transparent pricing, expert technicians,
and reliable car care across Mumbai & Pune.