A loan for used car is the best way to easily buy your dream vehicle. The used car loan allows you freedom to buy the car you want by paying small installments that you can afford every month. You can own a car at affordable interest rates and flexible repayment options. You are set to experience the joy of owning your own vehicle when you apply for a used car loan.Your dream of owning a vehicle is now easily a reality! Ride your own four-wheeler with our Used Car Loans, as we offer to you the best deals for financing used cars with hassle-free procedures, low-interest rates and faster approval of loans.
Flexible repayment options, ranging from 12 to 60 months.
Attractive interest rates.
We provide loans under income base, no income base, and asset proof base.
Hassle free loans.
Easy and simple documentation
We provide loans up to 95% for specific models under specific schemes*
Simple and easy application process
Loans ranging from RS.50,000 to 10 Lakhs
In order to find out if you meet our used car loan eligibility, you have to fulfill only a few conditions after which we process your loan.
Salaried / Self-employed person / Agriculturist
Age between 21(at the time of application) and 65(at the end of the loan tenure)
Minimum net Salary – 15,000 p.m / net profit of Rs.1, 50,000/- p.a.
Valid identity proof: Any one of passport / Adhaar card / voters ID card / driving license / PAN card
Valid address proof: Any one of passport / Aadhaar card / voters ID card / driving license / telephone bill / electricity bill / gas connection bills / ration card / LIC policy.
Income proof: ITR / form 16 / pay slip / salary credit in bank statement
Asset proof: Latest land / building / house tax reciept
Recent passport size photo
You should be aware that a used car loan entails some charges other than the interest rates.
You can get a loan for a used car at attractive rates instantly. You need to consider the following criteria before applying for a loan for a second hand car.
There are many good reasons why you should take used cars loan. The best one being that you pay an affordable monthly installment to bring home the car of your dreams if you opt for used car loan financing.
Getting a used car loan is easy.Here is the step-by-step process to apply online:
Alternatively, contact our customer care representative directly for a loan for a used car by:• Calling 1800 102 1616