You aspire to buy a car and need a loan to get your dream vehicle. Choosing a second hand car is a good option when your budget is low, or you are buying your first car. A pre-owned car needs to be chosen with care. A well-maintained vehicle will cost you less in maintenance over time. The used car loan interest rate is low and makes the cost of buying a four-wheeler affordable. The Muthoot Capital’s used car loan is hassle-free, and the second hand car loan interest rate is competitive. You can borrow up to 95% of the value of the car to be provided as a loan.
A second hand car loan from Muthoot Capital has many benefits. The used car loan rates are low, and the loan process is seamless.
Many factors that affect the second hand car loan interest rate.
Some miscellaneous charges are a part of availing a used car loan. You can calculate the EMI amount by using the free EMI calculator that is available on the site. However there might be other charges such as:
All the costs are transparent and clear when you avail of the loan. The Muthoot Capital representative will ensure that you have the requisite knowledge before you sign the deal.