Muthoot Loan Against Vehicle
Unlock assets’ hidden value with our LAV options.
We can offer LAV on assets owned by businesses, or those subject to existing finance agreements. We buy the asset(s) and finance them over the agreed payment term.
LAV can also help businesses reduce their overall monthly outgoings by consolidating existing finance – whilst still having access to the equipment.
By LAV, you’ll receive vehicle loan with a lower interest rate and lower monthly payments. If you keep the term the same, you could save thousands over the life of the loan. You can also choose to extend your term to get your monthly payments even lower, but keep in mind this could cause you to pay more money in interest over the life of the loan. Estimate your auto refinance with our refinance calculator to see if you can save money by refinancing. Whatever you’re looking for, let MVAFL help you find opportunities to save on your vehicle loan.