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Overdrafts available on cars hypothecated with the bank and up to 9 years old. |
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Loans ranging from Rs. 50,000 to Rs. 7 lacs depending on your needs. |
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Borrow up to 90% of the value of the car* |
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Available for almost all car models. |
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Pay interest only on the amount withdrawn. |
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Simple and speedy processing. |
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Avail of these features even if your car is hypothecated to another financier. |
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To receive the overdraft amount, a Current Account with an overdraft limit is created in your name. You will receive a Debit card alongwith a cheque book with at par facility.
* All vehicles will be valued by Bank empanelled valuer
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If you are an HDFC Bank account holder, we have special rates for you.
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