FINQY launches Car Par Loan for Instant Digital Borrowing

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