CarInfo review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

CarInfo is a broker for personal and car loans in India, suited to borrowers who want a soft credit check and money the same day. The catch is cost: 26% APR sits well above the 12.25% personal loan median across the lenders listed.

Key facts

Best for
Borrowers in India who want personal or car finance with same-day funding and a soft credit check.
APR
26% (Source, checked September 26, 2026)
Loan amount
₹300,000 (Source, checked September 26, 2026)
Term
12 to 72 months (Source, checked September 26, 2026)
Credit check
Soft prequal (Source, checked September 26, 2026)
Funding time
Instant disbursal (Source, checked September 26, 2026)
Representative example
Loan Amount: ₹2,00,000, Tenure: 24 Months, APR (ROI): 12%, EMI: ₹9,415 (Source, checked September 26, 2026)
Lender type
Broker (Source, checked September 26, 2026)
Eligibility
Indian citizens, at least 21 years old; applicants aged 18 to 21 may apply jointly with a co-applicant (Source, checked September 26, 2026)
Loan types
Personal, Car (Source, checked September 26, 2026)
Legal entity
Velocitypedia Private Limited (Source, checked September 26, 2026)
Headquarters
India (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)
Features
Same-day funding
Official website
carinfo.app

Apps and profiles

Get the app
Google Play
Elsewhere
LinkedInfacebook.com

Pros and cons

Pros

  • Speed: same-day funding is listed under same day funding, with funding time given as Instant disbursal.
  • Choice side by side: personal and car covers both personal and car loans.
  • A lighter first step: soft prequal means a soft prequalification rather than a full search.
  • Borrowing reaches INR 300,000.

Cons

  • Cost: 26% sits above the 12.25% personal loan median and the 9.99% car loan median.
  • A broker, broker, does not set the final rate itself, so the headline figure can move at the lender.
  • Soft checking, soft prequal, leaves the offer and the rate provisional until the lender finishes its assessment.
CarInfo

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Scored 8.6 / 10 by BorrowCue.

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Who it suits

  • Borrowers in India who want personal and car loans side by side, since personal and car covers both.
  • Applicants who need money quickly: same day funding lists same-day funding and the funding time is Instant disbursal.
  • People who prefer a soft credit check before a full search, given soft prequal.

Who should look elsewhere

  • Monzo Flex, at 10% to 23%, for anyone who puts the rate above speed.
  • Cashspace, at PHP 12 to PHP 36, for borrowers who want a lower ceiling than 26%.
  • Cashspace ES, listed at 0%, for a purely rate-led shop.

Safety and regulation

CarInfo is a broker rather than a lender, so the loan is advanced and serviced by the lender you are matched with. Applications run as soft prequal, a soft prequalification, before a full assessment. The representative example gives an amount, a tenure, a rate and a monthly instalment, and the regulator listed for this market is the Reserve Bank of India.

Who runs it

CarInfo is run by Velocitypedia Private Limited and is based in India, which makes it an India-based operation rather than an offshore lender. Support runs through email, chat and phone: phone, email, chat and a help centre, so help on an application is easy to reach.

How CarInfo compares

Where CarInfo is available

Available
India
Licence in India
Reserve Bank of India, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does CarInfo actually do?+

CarInfo is a broker, not a lender, so your application is passed to a lender and the loan contract sits with that lender. It covers personal and car in India, and the amount shown for borrowing is INR 300,000. Both products sit on the same platform.

How much will a CarInfo loan cost?+

The listed APR is 26%. That is well above the personal loan median of 12.25% and the car loan median of 9.99%, so cost is the trade-off here. As a broker, CarInfo passes lender offers on, and the binding rate comes from the lender.

Does applying involve a full credit check?+

Applications start with soft prequal, a soft prequalification rather than a full credit search. Only 20.4% of the lenders listed work that way, against 72.7% that go straight to a hard check, so a soft first look is less common here.

How quickly is the money paid out?+

Same-day funding is listed under same day funding, and the funding time given is Instant disbursal. That suits an urgent car purchase or a bill that cannot wait, provided the application and the paperwork clear with the lender first.

What repayment terms are available?+

Terms run 12 to 72, giving room to choose a shorter or longer schedule for either a personal loan or car finance. The representative example sets out an amount, a tenure, a rate and a monthly instalment, which is the quickest read on the real monthly cost.

Who runs CarInfo and who is the counterparty?+

The regulator listed for CarInfo's market is the Reserve Bank of India. CarInfo is a broker, broker, so the money is advanced and administered by the lender you are matched with. Check which lender is on the table before you accept, since the platform is not the counterparty.

How do I get help once I have applied?+

Support runs through email, chat and phone, so phone, email, chat and a help centre are all available. The team can help with the application and the offers it returns. Once the loan is live, the lender that issued it is the party to contact about the account.

Sources

  • play.google.com/store/apps/details checked September 26, 2026

    Backs: APR, Credit check, Features, Funding time, Lender type, Loan types, Representative example, Term

    “Loans & Financing ... Max APR: 26% (Includes interest, fees & costs)”

  • carinfo.app checked September 26, 2026

    Backs: Support channels

    “Chat with us ... Talk to us 92-17-00-2789 ... Write to us”

  • carinfo.app/loans checked September 26, 2026

    Backs: Loan amount

    “Explore CarInfo Money - Get instant cash in your bank account ₹3,00,000, Monthly EMI ₹3,500 p.m., Rate of Interest 1.01% p.m.”

  • carinfo.app/terms-condition checked September 26, 2026

    Backs: Eligibility, Headquarters, Legal entity, Licences

    “Users must be Indian citizens, legally eligible to avail of services... Users must be at least 21 years old however, individuals aged 18 to 21 years may also avail of services provided they apply...”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Arrangement fee.

CarInfo

CarInfo

Borrowers in India who want personal or car finance with same-day funding and a soft credit check.

8.6/10See alternatives

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