
FINQY® Rolls Out Digital Car Par Loan - Get Up to 200% of Your Car's Value
Mumbai (Maharashtra) [India], July 23: 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
About FINQY®
Founded in 2019, FINQY® is on a mission to make financial products simpler, smarter, and more accessible. The platform acts as a conduit between customer's and a wide range of personal finance options -- including loans, credit cards, and insurance -- all in one place. With 45+ offices across 30 cities and a team of 400+, FINQY represents over 100+ top financial institutions, helping lakhs of Indians find the right financial product, at the right time. For more information visit: www.finqy.ai

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
2 hours ago
- Time of India
Choices widen: More British brands in mix
MUMBAI: From angrezi make up and beauty creams to chocolates, Indians looking to shop for more foreign brands may soon be spoilt for choice. Following the FTA with UK, more British brands are expected to launch in India while companies already present in the market are likely to expand their business. This is essentially because with reduced tariffs, brands will be able to price their products more affordably, stepping up competition against a slew of global and local brands already selling in India and widen their set of consumers. They will also be willing to bring more of their UK portfolio to India which means more choice for local shoppers. "For UK-based brands, the FTA will bring down the cost of entering India and this will allow them to pass on the benefits to consumers. For us as a platform, it means easier registration and onboarding of British brands," Radhika Ghai, founder & CEO at Kindlife, a Gurgaon based online marketplace which launches and distributes global beauty brands told TOI, adding that it is in talks with more than half a dozen UK cosmetic brands looking for India foray. Under the FTA, India's average tariff on UK products will eventually drop from 15% to 3%. With a growing share of nouveau riche and young shoppers who are seeking beyond ordinary labels, India is a market too lucrative for brands to miss and the trade agreement will open up space for a range of value, premium and luxury British brands to tap into India. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Libas Purple Days Sale Libas Undo A clutch of premium and luxury consumer/retail British brands including The Body Shop, Pret A Manger, Burberry, Asos, Next are already selling in India. "Currently, 90% of our portfolio is imported from the UK, and the FTA has the potential to further lower import duties on UK-made beauty products, which will directly benefit customers," said Shriti Malhotra, executive chairperson of Quest Retail, The Body Shop. Quest Retail has sales, distribution and marketing rights for The Body Shop in India. In the $20 billion Indian beauty market, imports from UK make up a small fraction of the market currently-about Rs 250-300 crore and the scope for brands to grow is higher, said Rahul Guha, senior director at Crisil. "The existing British retail brands will be the biggest beneficiaries of the deal as they already know the India market. For brands generally, it will become easier to get listed online and ink franchise agreements to enter small towns," said Anand Ramanathan, partner and consumer industry leader, Deloitte South Asia. Besides with lower tariffs, British brands can make more marketing investments in India. Establishing joint venture partnerships with Indian companies may be an option now going forward, said Suresh Nair, indirect tax partner, consumer products and retail at EY India. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now


India.com
9 hours ago
- India.com
Bad news for Indians as Meta, Amazon, Google, Microsoft may now stop hiring Indians because....
Bad news for Indians- Representative AI image Bad news for Indians: In a matter of bad news for thousands of India who are aspiring to take jobs in American tech giants like Google, Meta and Microsoft, US President Donald Trump has called for avoiding 'radical globalism' pursued by some of the country's firms. In his recent statement, the US President has suggested to stop building factories' and 'hiring workers' from countries including India. Here are all the details you know about the recent statement from US President Donald Trump and how it will impact Indians. What has Donald Trump said on hiring Indians? 'For too long, much of our tech industry pursued a radical globalism that left millions of Americans feeling distrustful and betrayed. And you know that,' Trump said. 'Many of our largest tech companies have reaped the blessings of American freedom while building their factories in China, hiring workers in India, and slashing profits in Ireland. You know that. All the while dismissing and even censoring their fellow citizens right here at home,' Trump said ahead of unveiling his administration's 'AI Action Plan.' What Donald Trump said on AI infrastructure? Trump signed three new executive orders: expediting permitting for AI infrastructure, boosting exports of US-developed AI, and banning federal procurement of AI systems with political or ideological bias. During his remarks at the AI Summit, Trump urged US tech companies to be 'all in for America.' 'We want you to put America first. You have to do that. That's all we ask. That's all we ask to partner with our tech geniuses and achieving this vision. Today, we're releasing the White House AI action plan. Big stuff,' Trump said.
&w=3840&q=100)

Business Standard
10 hours ago
- Business Standard
Foreign degree loses sheen as students question return on investment
The sharpest declines were for Canada, the United Kingdom and the United States, with student numbers falling by 41 per cent, 27 per cent and 13 per cent, respectively Georgie Koithara New Delhi Listen to This Article From currency depreciation and rising living costs to visa tightening and doubts over return on investment (RoI), Indian families are rethinking the once-coveted foreign degree. In 2024, 759,064 Indians went abroad for studies, a 15 per cent drop from 892,989 in 2023, according to government data. The sharpest declines were for Canada, the United Kingdom and the United States, with student numbers falling by 41 per cent, 27 per cent and 13 per cent, respectively. Australia and China also saw lower inflows. Despite this, the US remained the top destination, hosting over 204,000 Indian students, followed by Canada with 137,608.