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Loans FAQs

Explore various loan options with our detailed FAQs. Access clear, concise information to choose the most suitable financing solutions for your needs.

The maximum loan to value (LTV) ratio for used car deals can fluctuate, but it is not uncommon to see offers for 100% of a vehicle's assessed value.
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Yes—when it comes to stretching out those EMIs and keeping life easy, the highest loan duration offered for used cars is up to 84 months.
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When you are applying for a second-hand vehicle loan, you will have to submit standard KYC (Know Your Customer) documents.
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Here is a quick and clear detailed rundown of the requirements for you to get a used car loan:
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Pre-EMI is the interest you are paying on the portion of the loan disbursement before actually starting your EMI payments.
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Many lenders allow borrowers to choose their EMI date on a used car loan in order to align their repayment with their income cycle/cash flow.
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You can apply for a used car loan with a lender in one city while sending your registration in another city, but you need to be in contact with your lender and follow the instructions.
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