About Car Loan

A car loan is a great way to drive your dream car without making the complete payment upfront. You don't need to wait for some more months or years to buy your dream car as you can take a car loan to meet your fund requirement.

Hundreds of Millions today are upwardly mobile. Many are looking at having their own car to reach their destination in time and in comfort. A Car Loan will bring that dream of owning a vehicle within your reach.

Why not own your dream car today- the one you thought you couldn’t afford for at least a decade more? Our Custom-fit Car Loans come with exclusive features like 100% financing on select vehicles


Our unique Step-up EMI and Balloon EMI Schemes make it easy for you to buy your dream car at more affordable EMIs. This means you can get a bigger car with the EMI of a smaller car.

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Get financing for whatever you need now

Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

New Car Loan

Exel Assets Limited offers new car loan at fair interest rates and adjustable repayment terms. Fast sanction, personalised service and absolute transparency in new car loans.

Pre Owend Car

We have tie-ups across the widest range of authorised pre-owned car dealers. Attractive car loans for used cars. Pre-Owned car finance available at Exel Loans.

Loan Against Car

With no income documents required, getting a loan couldn’t get any easier. Exel Assets Limited offers you car loan at basic interest rates and flexible EMI for repayment.

Other Loan

Exel Assets Limited also grant different loans like Home loan, Personal loan and Educate loan at fair rate of interest and flexible EMI. For more detail you can check our loan products.

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Features of Car Loan

All loans are not created equal, car loans has become a great option for people to use.

Cash Loan Facility

Exel Loans business loans put th desired money into your business when you need it most.

Special Preapproved Loan

Get instant personal loan up to $50,000 from the comfort of your home without any collateral.

No Verifactions

Our no income verification loans allow those without a job or income to borrow needed extra cash

150% Funding on Loan

At Exel Loans you can borrow subsidized and/or unsubsidized loans with a standing limit of 150%

Car Loan - Eligibility

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a personal loan.

Age

Maximum age of applicant at loan maturity: 60 years

Income

Minimum Net Monthly Income: $900

Credit Rating

Applicant should have the bank specified credit score.

Frequently Ask Questions

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.

Other Loan institutions will charge you an early repayment fee of around one to two months' interest. At Exel Loans you can make full or partial early payments of up to $200,000 a year without being hit with penalty fees.

YES WE OFFER REFINANCING.

Our consolidation or refinancing loans are designed to help you manage your financial commitments and ease your cash flow. If you have a number of existing agreements, credit card balances and other regular finance repayments a consolidation loan may be the way forward. A consolidation loan would combine your monthly payments over a term that suits and free up your cash flow. This non-secured loan product can be used for a variety of purposes giving you more control over your financial commitments. A refinance loan may be required if you wish to release some equity from business assets or vehicles.

Poor credit isn’t necessarily a barrier to getting a Start Up Loan, however we do carry out a full credit check on applicants. Exel Loans is committed to lending responsibly and has to ensure that applicants will be able to repay the loan.

If you are on a Debt Relief Order (DRO), you are subject to restrictions around setting up and promoting a business and acting as a director. These restrictions may make it difficult for you to launch your business and, therefore, to repay any loans taken out for that business. Exel Loans and its Delivery Partners are responsible lenders committed to ensuring that we don’t compound any credit issues that applicants have by increasing their financial indebtedness. We are therefore unable to support individuals until they have been discharged from any outstanding DRO.

Yes, you are still eligible to apply for a Start Up Loan if you are purchasing an existing business, even if it has been trading for more than two years under different ownership, provided you have personally not owned the business for more than two years. In this instance, you will be required to have sourced a copy of the financial accounts for the business and will need to provide these along with your application. Please note that if the business was previously or is currently operating at a loss, you will be expected to address this issue directly in your business plan.

No, your business does not need to be registered with Companies House or HMRC in order to apply for a loan from Exel Assets.

Each individual can borrow between $2,000 and $2,500,000 at any one time. Please note if multiple business partners are each applying for a loan for the same business, a maximum of $3,000,000 may be lent that that business in its lifetime which may impact upon the amount you are personally able to borrow.

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Now apply for a Car Loan online, All you need to do is provide your details below application form.