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Need Help? Request a Callback
Bakshi House 40-41 (Near Chiranjiv Tower), Nehru Place, New Delhi, Delhi 110019
07:30 am – 05:30 pm Mon-Fri

Request A Callback

Why worry about finance when you can easily avail a loan to purchase a used car? You are in the right place to find out the best schemes of used car loans in India offered by the reputed banks. Place your request to call you back. Our representatives will immediately revert and answer all your queries regarding used car loans. You can also seek professional assistance from our representatives to find out the ideal plan to own a used car.

Used car loan: An innovative way to own a car

Processing a used car loan is easier than a new car loan in India. The lending institutions offer a unique platform where you can avail up to 100% of the used car value as loan disbursal amount. The tenure of this type of loan is similar to that of car loans around the country. You can seek a tenure ranging up to 7 years and take your time to pay it in easy installments.

From salaried individuals to self-employed professionals, anyone can search for used car loan online here and get the best ideas of the current schemes available in the market. The loan plans are fixed on certain protocols followed by the lending institution. Depending on the need and requirement, you can find and set a car loan plan to reduce the financial liability to a huge extent. The interest rate, in this aspect, ranges from 9.5% to 17%.

Eligibility criteria for used car loans

The eligibility criteria vary from one bank to the other. Like all the other loan schemes, it will depend on your age, sex, occupational status, credit score, credit history, loan repayment capacity, etc. The tenure and interest rate of an online used car loan will be fixed by the lending institution.

Pre-owned cars are cheaper than new ones. In fact, India is going to be the 3rd largest market in the world in this industry. The affordable conditions of used car loans online make it easier for enthusiasts to afford one right away. The repayment plan can enjoy a prolonged tenure ranging up to 7 years.

Benefits of used car loan

Find used car loan with our advice and assessment and enjoy the following benefits.

  • Best interest rate and flexible tenure
  • Instant approval from top lending brands
  • Securing finance up to 100% of the current value of the used car
  • Simplest documentation and application process
  • Easy payment schemes of loans
  • Direct assistance for car purchase process

Contact us today

Why wait then? Use our portal to find out the most suitable schemes and compare used car loan so that you can buy a pre-owned car right away with our assistance.

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