Apply for a Quick, Easy, and Hassle-Free Used Car Loan and hit the road without delay.
✅ Competitive interest rates
✅ Flexible repayment terms
✅ Minimal documentation for a smooth process
A Used Car Loan is a financial product that helps you purchase a pre-owned vehicle by providing funds to cover the cost, with repayment in easy installments.
Both salaried and self-employed individuals with a stable income and a good credit score can apply for a Used Car Loan.
⦿ Competitive interest rates
⦿ Flexible repayment tenure
⦿ Minimal documentation
⦿ Quick loan approval process
The following documents are typically required:
⦿ Identity proof (Aadhar, PAN, Passport)
⦿ Address proof
⦿ Income proof (salary slips, bank statements, or ITR)
⦿ Used car details (registration certificate, insurance)
The loan amount depends on the value of the car, typically covering up to 80%-90% of the car’s assessed value.
The repayment tenure generally ranges from 12 to 60 months, depending on the lender and your financial profile.
Some lenders offer 100% financing, meaning no down payment is required. However, this depends on your credit profile and the car’s value.
Interest rates depend on factors such as your credit score, loan amount, car’s age, and repayment tenure.
Additional charges may include processing fees, prepayment penalties, and late payment fees, which vary by lender.
You can apply online by filling out our application form, or contact our support team for assistance. We’ll connect you with the best lenders offering competitive rates.