India’s best, most secure car loan app for new and used car buyers.
Dreaming of a long drive in your own car? Well, long drives are great, but car loan application processes are better when kept short and hassle-free.
That’s where MoneyLoji comes in. Our process ensures that the documents required are kept minimum and you get to compare car loan rates from different providers before making a decision.
We have partnered with the best banks and car loan providers in India to bring you the best deals and lowest interest rates on car loans ranging from hatchbacks and SUVs to premium sedans. The MoneyLoji team is there with you to help you check your eligibility, ensure that you get instant loan approval and drive away your dream car in just under a day!
Drive away in less than 24 hours!
We provide loan upto 100% of on-road vehicle price
MoneyLoji has the most hassle-free application process with minimal documentation.
Our partners bring you the most competitive car loan interest rates and plans tailor-made to suit your needs
Find all your answers below. or connect with us, we’d be happy to helpy you out
MoneyLoji is India’s best auto loan platform that brings the benefits of flexible tenure, quick processing, flexi EMI options, and competitive interest rates on new and used cars.
The loan application process is very simple and hassle-free at MoneyLoji. Just download the MoneyLoji app from Google Playstore and fill up your basic details. Our executives will help you assess your eligibility and compare deals. Once you choose a deal that works best for you, we’ll help you calculate the EMI and voila! You will be able to drive away your dream car within 24 hours.
MoneyLoji has partnered with the best car loan providers in India that bring various deals well suited for cars of all types like hatchbacks, SUVs and luxury sedans. The interest rates may differ depending upon the preferred car model, tenure selected and your preferred banking partner. The exact rate of interest will be determined by the lender after assessing your loan application.
Again, it depends on your preferred car loan lender. Based on the vehicle you choose, you can check your eligible loan offer. Ideally, most of our banking partners offer loan for 80% to 90% of the on-road price of the car. But some banks may also offer up to 100% financing on new car loan based on your income and credit history.
EMIs or Equated Monthly Installments depend on the tenure of your car loan. The monthly repayment amount is inversely proportional to the loan tenure. For a longer tenure, the installments are smaller whereas for a shorter tenure, installments will be larger
MoneyLoji is the most secure car loan app. Your data is never shared with any marketing agency of third-party associates. In addition, the data you trust us with is kept encrypted and safe.
Just like loans of any other kind, availing car loan will also require you to have a good credit score. A credit score of above 750 means better/lower rates. With a good score, you also get a lot of benefits. In addition to this, your employment status, income, residence etc. also matter.
All car loans are considered as secured loans because the car itself acts as a security. Only in case of your annual income not matching up to the mandatory limit, you will be asked to produce a guarantor/co-signee.
You need the following documents to apply: