Used Car Loan
Drive Your Dream Car Today with Affordable Pre-Owned Car Finance
Up to ₹50 Lakh
Loan Amount
10.5% - 16%
Interest Rate
Up to 7 Years
Tenure
Up to 85%
Car Value Finance
Get Your Dream Pre-Owned Car with Easy Financing
Whether you're buying your first car, upgrading to a better model, or need a second car for your family - our used car loans make quality pre-owned vehicles affordable with competitive rates and flexible repayment options.
- Finance up to 85% of used car value with minimal down payment
- Competitive interest rates starting from 10.5% per annum
- Flexible tenure options from 1 to 7 years
- Quick approval and disbursement within 48 hours
- Finance cars up to 10 years old from any brand
- Free car valuation and documentation assistance
🚗 Get Pre-Approved for Your Car in 2 Hours!
Quick car loan approval to help you negotiate better with sellers
Why Choose Our Used Car Loan?
All Car Brands
Finance any used car from all major brands - Maruti, Hyundai, Honda, Toyota, Mahindra, Tata, and more.
High Funding
Get up to 85% of car value financed with loan amounts up to ₹50 lakh for premium vehicles.
Quick Processing
Fast loan approval within 48 hours with minimal documentation and digital verification.
Competitive Rates
Interest rates starting from 10.5% per annum with flexible tenure up to 7 years.
Free Car Valuation
Professional car inspection and valuation services at no extra cost to determine fair market value.
Easy Documentation
Simple paperwork with doorstep document collection and assistance throughout the loan process.
Types of Used Cars We Finance
Hatchbacks
Compact cars like Maruti Swift, Hyundai i20, Honda Jazz, and all popular hatchback models
Sedans
Mid-size cars like Honda City, Maruti Dzire, Hyundai Verna, and premium sedan vehicles
SUVs
Sport utility vehicles like Hyundai Creta, Mahindra XUV, Tata Harrier, and luxury SUVs
Luxury Cars
Premium vehicles from BMW, Mercedes, Audi, Jaguar, and other luxury car brands
Commercial Vehicles
Light commercial vehicles, pickup trucks, and small commercial transportation vehicles
Two Wheelers
Used motorcycles and scooters from all major brands with competitive interest rates
Popular Car Brands We Finance
Used Car Loan Details & Features
Loan Features
- Loan Amount: ₹50,000 to ₹50,00,000
- Interest Rate: 10.5% - 16% per annum
- Tenure: 12 months to 84 months
- Loan-to-Value: Up to 85% of car value
- Processing Fee: 1% - 2.5% of loan amount
- Prepayment: Allowed after 12 months
Eligibility Criteria
- Age: 21 to 65 years
- Income: Minimum ₹25,000 per month
- Employment: Salaried/Self-employed
- Work Experience: 1+ years
- Credit Score: 650+ preferred
- Car Age: Maximum 10 years at loan end
Car Requirements
- Car age: Up to 10 years
- All fuel types: Petrol, Diesel, CNG, Electric
- Valid registration and insurance
- Clear ownership with RC book
- No major accidents or damages
- Proper maintenance records
- Hypothecation clearance if applicable
- Pollution under control certificate
Special Benefits
- Free car valuation service
- Doorstep documentation
- Insurance assistance
- Quick approval process
- Flexible EMI options
- Step-up/Step-down EMI facility
- Top-up loan facility
- Transfer of existing car loan
Documents Required
Identity Proof
Aadhaar Card, PAN Card, Passport, Voter ID
Address Proof
Utility Bills, Aadhaar, Passport, Rent Agreement
Income Proof
Salary Slips, ITR, Form 16, Business Financials
Bank Statements
6 months salary account bank statements
Car Documents
RC Book, Insurance, Invoice, NOC if applicable
Photographs
Passport photos and car photographs
Used Car Buying Tips
Physical Inspection
Thoroughly check car exterior, interior, engine, and test drive before purchasing
Document Verification
Verify RC book, insurance, PUC, service records, and loan clearance certificates
Fair Price Check
Compare prices on multiple platforms and get professional valuation before buying
Maintenance History
Check service records, accident history, and any major repairs or replacements done
Insurance Transfer
Ensure smooth transfer of existing insurance or arrange new comprehensive coverage
Legal Formalities
Complete RC transfer, NOC from previous financier, and update insurance records
Simple Application Process
Apply Online
Submit application with personal and car details
Document Submission
Upload required documents through secure portal
Car Inspection
Professional car valuation and technical inspection
Loan Approval
Credit assessment and loan sanction letter
Car Purchase
Complete car purchase with seller
Loan Disbursement
Funds transferred directly to seller
Frequently Asked Questions
Ready to Drive Your Dream Car Home?
Get instant approval for your used car loan and start shopping for your perfect vehicle today