Used Car Loan Financial FAQs
Secure the one of the best used car financing with our detailed FAQs. Access clear, concise information to make informed loan decisions.
- Posted:12th November, 2025
- Updated:12th November, 2025
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https://www.shriramfinance.in/financial-faqs-used-car-loan
143
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.
Read More - Posted:12th November, 2025
- Updated:12th November, 2025
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https://www.shriramfinance.in/financial-faqs-used-car-loan - 154
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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- Updated:12th November, 2025
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https://www.shriramfinance.in/financial-faqs-used-car-loan - 152
Here is a quick and clear detailed rundown of the requirements for you to get a used car loan:
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- Updated:12th November, 2025
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https://www.shriramfinance.in/financial-faqs-used-car-loan - 135
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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https://www.shriramfinance.in/financial-faqs-used-car-loan - 163
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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https://www.shriramfinance.in/financial-faqs-used-car-loan - 176
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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- Updated:12th November, 2025
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https://www.shriramfinance.in/financial-faqs-used-car-loan - 150
A used vehicle loan application can be denied for a number of reasons.
Read More Popular FAQs
- Can I use collateral other than the car itself?
- Can I use business income proof for a personal car loan?
- Can I take a loan for a car under company ownership?
- Can I negotiate the used car loan interest rate before final approval?
- Can I get a used car loan for vintage or classic cars?
- 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?
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