About Shape Shape Shape

Looking for a Used Car Loan ?

Let us help you find the most suitable offers.

Used Car Loan

Get the ideal vehicle and finance based on your preferences.

A used car loan can be utilised to purchase a reliable used car. Loans for used cars are available at enticing interest rates and have repayment terms of up to 7 years. Some lenders offer loans up to 100% of the value of the vehicle. Most banks and NBFCs offer loans for used cars. Both paid employees and self-employed people are eligible for used car loans.

Why should you get a loan for a Used Car?

Getting a used car loan is beneficial because it allows you to bring your ideal car home quickly. Additionally, the loan balance with interest can be repaid in convenient monthly installments.

  • High loan principal: You can take as high as Rs. 50 lakhs of loan amount to buy a second hand car on EMI.
  • Competitive interest rates: The lowest in the market, used car loan interest rates as low as 15% are available to you.
  • Flexibility: You can select the loan term that best fits your financial requirements. Additionally, you can choose between a structured or fixed EMI repayment schedule.