Mumbai, 21st May 2025 — In a time when people need quick, simple, and reliable ways to access money, FINQY®, one of India’s fastest-growing fintech platforms, has brings an offering that could change the way Indians borrow — introducing Car Par Loan.
This innovative product lets you unlock up to 200% of your car’s current value — without having to sell it. It’s quick, it’s digital, and it’s built for working professionals, small business owners, and everyday consumers looking for smarter liquidity solutions.
A Smarter Way to Borrow — Without the Usual Hassle
Car Par Loan stands out because it makes the borrowing process easier and more transparent:
- High Loan Value: Banks & NBFCs offer up to 200% of your car’s market value — based on their eligibility criteria.
- Instant Car & Loan Value: See real-time market value of your current vehicle and the loan amount you’re eligible for, instantly.
- 100% Digital, Instant Soft Approval: No paperwork, no branch visits. Apply, upload documents, and get your loan eligibility check or a soft approval, instantly.
- Flexible Use: Whether it’s a family emergency, business need, or education expense — use the funds any way you like.
- Safe & Transparent: No hidden charges. Clear repayment terms with reputed lenders. 100% ownership of your car stays with you.
Putting the Customer in the Driver’s Seat
“Car Par Loan is more than just a product — it’s about giving people control over their finances without the stress or confusion,” said Manish Aggarwal, Founder & CEO of FINQY®. “We’ve made borrowing simple, fast, and friendly — everything traditional business finance isn’t.”
Designed for Today’s India
- Loan Tenure: Up to 84 months
- Eligibility: Salaried, self-employed, and business owners
- Available Across India via FINQY’s growing Auto Loan partner network
