Finance For
Pre-Owned Cars
Get up to 100% financing on the valuation of a used car. We make buying a second-hand vehicle easy, affordable, and completely hassle-free.
Any Seller
Dealer or Individual
Up to ₹2 Crore
Maximum Loan Amount
Flexible Tenure
Up to 5 Years
Used Car Loan Highlights
Everything you need to know about our Used Car Loans at a glance.
Loan Amount
Up to 100% Valuation
Get funds covering almost the entire cost of the used vehicle.
Interest Rate
Starting From 11.50%*
Highly competitive interest rates in the pre-owned segment.
Tenure
Up to 5 Years
Flexible repayment depending on the age of the car.
Quick Approval
Within 48 Hours
Fast tracking and quick valuation to close the deal swiftly.
Why Choose Our Used Car Loan
Experience a seamless borrowing journey to purchase a pre-owned vehicle.
Fair Car Valuation
Transparent and quick valuation from authorized agencies.
RC Transfer Assistance
We provide guidance and help with the RC transfer process at the RTO.
Buy From Anyone
Get a loan whether you are buying from a certified dealer or a direct individual.
Flexible Age Criteria
We finance cars that are up to 10 years old (at loan maturity).
Refinance Option
Refinance your existing car loan or take a top-up loan easily.
Dedicated RM
A dedicated Relationship Manager to handle the entire loan journey.
EMI Calculator
Estimate your monthly EMI and plan your finances with our easy-to-use calculator.
Equated Monthly Installment (EMI)
₹10,747
Total Interest
₹1,44,817
Total Payment
₹6,44,817
Used Car Loan Benefits
Unlock maximum benefits when purchasing your pre-owned vehicle.
Lowest Interest
Tie-ups with premium banks to offer you competitive interest rates on used cars.
No Hidden Fees
Complete transparency regarding processing fees and valuation charges.
Easy Application
Apply online, submit documents, and get approved quickly.
Instant Valuation
Quick valuation process ensuring there are no delays in the purchase.
Wide Network
Compare and choose offers from a large network of partnered lenders.
Doorstep Service
Enjoy VIP assistance with document collection at your convenience.
Explore Other Loans
Check out our wide range of loan solutions tailored to meet your unique financial needs.
Eligibility Criteria
Simple requirements to ensure a smooth approval process.
Employment Type
Salaried individuals, self-employed professionals, and business owners.
Age Criteria
Applicant age should be between 21 to 65 years.
Minimum Income
A stable minimum monthly income (usually ₹20,000+).
Vehicle Age
The car should not be older than 10 years at the time of loan maturity.
Good Credit History
A CIBIL score of 700+ is ideal for the best interest rates.
Car Type
Only applies to private-use passenger cars and SUVs.
Required Documents
Keep these documents handy to ensure lightning-fast processing.
KYC Documents
Car Valuation Report
Latest Salary Slips (3 months)
Form 16 or ITR
6 Months Bank Statement
Previous RC Copy
Passport Photos
Post Dated Cheques
Frequently Asked Questions
Find quick answers to common questions about Used Car Loans.
Can I buy a car from an individual directly?
Yes, you can avail a used car loan regardless of whether you buy from a certified pre-owned dealer or directly from an individual seller.
Who handles the RC transfer?
While the RC transfer is the responsibility of the buyer and seller, we provide complete assistance and guidance to make the process smooth at the RTO.
What is the maximum tenure for a used car loan?
You can choose a repayment tenure of up to 5 years (60 months), but this depends on the age of the car. The car's age plus loan tenure should usually not exceed 10 years.
Is car valuation mandatory?
Yes, since it's a used car, a fair valuation by an authorized surveyor is mandatory to determine the loan amount.