What is Car Loan

A car loan is a great way to drive your dream car without making the complete payment upfront. You don't need to wait for some more months or years to buy your dream car as you can take a car loan to meet your fund requirement.

We offer Used Car Loans alias Old Car Finance, 2nd Hand Car Financing up to 80% of the Current Vehicle Value, with lowest interest rates @ 14% for 60 months (2-5 Years). Get instant approval for Used Car Loan in less then 1 Day and minimum documentation.


With our attractive interest rates and flexible loan tenure of up to seven years, car loans are now affordable and pocket-friendly.

Used Auto Loans Offer : 24 Hrs Approval, Paperless Process, Low EMI & more...


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Get old car financing for whatever you need now

Please check used car loan FAQ for Documentation and Eligibility. We have mentioned clearly used car loan or 2nd hand car finance emi per lakh i.e. EMI Rs. 2,327 Per Lakh 60 Months. You can also scroll our website for second hand car loan interest rate.

Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

If you're searching for the best car loan rates on same day disbursals, then Used Auto Loans is here to help


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Features of Used Auto Loan

All used car loans are offered with fully featured and hassle free services at your door step in just 1 hour!

Facilities


Special Preapproved


Bad Credit Score No Problem


Flexible Repayment Tenure

80% Funding

Fastest Approvals

Car Loan - Eligibility

Any salaried, self-employed, professional public or private and government sector employees is eligible for a car loan.

Age

Maximum age of applicant at loan maturity: 65 years

Income

Minimum Net Monthly Income: Rs 25,000

Credit Rating

Applicant should have the bank specified credit score.

Frequently Ask Questions

Used Car loan eligibility is an important factor. Check out our easy eligibility criteria and documentation required.

Salaried individuals employed with Public and Private Limited Companies, Government sector, and Public Sector are eligible for availing car loans.
Professionally self-employed persons are also eligible for these various facilities.
Partnership firms, Professional Private and Private Limited Companies are also eligible for finance.
Minimum age of the applicant should be 21 years.
Maximum age of the applicant at the maturity of the loan should not exceed 65 years (60 years in case of salaried employees).
Net Monthly Income of Rs 25,000 Minimum.
Bank specified credit rating score in CIBIL.

RC & Insurance Copy of the vehicle in case of Used Car Loan/Refinance/Balance Transfer/Top Up.

Pan Card and Aadhar Card is Mandatory (New Guide Line in Banking Finance).

Any Documents in Residence and Income Proof:

Passport
Aadhar Card
Voters ID
Driving License
Electricity Bill Latest
Income Proof
3 Latest Salary Slips
Form 16 if available
6 Month Bank Statement Saving Account is Mandatory

RC & Insurance Copy of the vehicle in case of Used Car Loan/Refinance/Balance Transfer/Top Up.

Pan Card and Aadhar Card is Mandatory (New Guide Line in Banking Finance).

Any Documents in Residence and Income Proof:

Passport
Aadhar Card
Voters ID
Driving License
Electricity Bill Latest
Rent Deed is Mandatory if Office is Rental
Income Proof
Latest 2 Years Income Tax Return (ITR)
6 Month Bank Statement Current Account or Saving Account is Mandatory

RC & Insurance Copy of the vehicle in case of Used Car Loan/Refinance/Balance Transfer/Top Up.

All the following documents as Income Proof:

Audited Balance Sheets
Profit & Loss Accounts of the Last 2 years
Company ITR for the Last 2 years

Any of the following documents as Address Proof:

Electricity Bill
SSI Registration Certificate
Sales Tax Certificate
Shop & Establishment Act Certificate
6 Month Bank Statement Current Account

RC & Insurance Copy of the vehicle in case of Used Car Loan/Refinance/Balance Transfer/Top Up.

All the following documents as Income Proof:

Furnish Profit & Loss Accounts of the Last 2 yearss
Balance sheets of the Last 2 Years certified by Chartered Accountant

Any of the following documents as Address Proof:

Electricity Bill
SSI Registration Certificate
Sales Tax Certificate
Shop & Establishment Act Certificate
6 Month Bank Statement Current Account

RC & Insurance Copy of the vehicle in case of Used Car Loan/Refinance/Balance Transfer/Top Up.

All the following documents as Income Proof:

Furnish Profit & Loss Accounts of the Last 2 yearss
Balance sheets of the Last 2 Years certified by Chartered Accountant
Company ITR (Income Tax Return) for the previous 2 years

Any of the following documents as Address Proof:

Electricity Bill
SSI Registration Certificate
Sales Tax Certificate
Shop & Establishment Act Certificate
6 Month Bank Statement Current Account

Fil To Check Used Car Loan Eligibility For Firozpur

Now apply for a car loan, All you need to do is provide your details below application form.

Disclaimer: your details or contact number will not be shared or sale to any third party they will remain assured confidentail.

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