Used Car Loan

Many banks and financial institutions can provide up to 100% auto loans for used vehicles. You can request a callback by filling out this form and checking if you are eligible to take a second-hand car loan. 

Banks and financial institutions offer customer service if you are applying for second-hand car loans. Banks provide personalised assistance throughout the loan application process, helping you to understand the terms and conditions and guiding you through the necessary paperwork.

You can select a repayment tenure that best fits your financial situation. Longer tenures can lead to lower monthly instalments, making managing your finances easier, while shorter tenures may result in higher monthly payments but faster loan repayment.

Banks often have tie-ups with many vendors who sell second-hand cars and hence can provide assistance in this regard. With the advancement of online services, you can apply for loans, submit documents, and track the status of your applications online, saving time and effort.

Banks offer Car Loans for pre-owned cars without requiring extensive income documentation. Banks ask only for the insurance document and the vehicle's registration certificate. This is good for self-employed individuals or those with irregular income sources, as it simplifies the loan application process.

Besides providing loans, many financial institutions offer to help you find the right second-hand car. It includes access to a network of dealerships or information on trustworthy sellers, ensuring you make informed purchasing decisions.