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- Posted:13th January, 2026
- Updated:13th January, 2026
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Most lenders will not approve a used car loan unless the RC is transferred into the buyer’s name.
Read More - Posted:13th January, 2026
- Updated:13th January, 2026
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https://www.shriramfinance.in/financial-faq - 575
You can start the used car loan process before finalising the car, but not every lender is comfortable with it.
Read More - Posted:13th January, 2026
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https://www.shriramfinance.in/financial-faq - 544
Many lenders do finance pre-owned luxury cars, but the process can be slightly different from a regular used-car loan.
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https://www.shriramfinance.in/financial-faq - 552
Most lenders don’t allow cash disbursement for used car loans.
Read More - Posted:12th January, 2026
- Updated:12th January, 2026
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https://www.shriramfinance.in/financial-faq - 510
A balance transfer is possible on a used car loan, but lenders treat it carefully because they’re taking over someone else’s risk.
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https://www.shriramfinance.in/financial-faq - 495
Interest rates on used car loans are mostly set depending on how risky the lender thinks your application is, and their internal policies.
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https://www.shriramfinance.in/financial-faq - 491
Some lenders may offer a slightly better rate to repeat customers, but it isn’t something they promise upfront.
Read More Popular FAQs
- Can I invest ₹50 lakhs in an FD?
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- What is the minimum tenure for which one can open an FD account?
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Most Viewed FAQs
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- Can I negotiate the used car loan interest rate before final approval?
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- Can I get a loan for a car that’s already under hypothecation?
- Can I get a loan for a car older than 10 years?
- Can I invest ₹50 lakhs in an FD?
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