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Features of Shriram Used Car Loan

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Competitive Interest Rates

Competitive interest rates starting from 13%* p.a. make financing more accessible and affordable for a pre-owned car.

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Flexible Repayments

With our flexible payments option, you can choose the payment tenure that works for you.

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Up to 85% financing on Used Car’s Value

We offer to finance the total value of your used car purchase, so you can get the car you want without worrying about a down payment.

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Easy to Apply

Our streamlined application process is designed with convenience in mind. Fill out our online form and get the loan you need to purchase your second-hand car.

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Minimal Documentation

Our simplified process requires minimal documentation -With our quick and easy application process, you can have your second-hand car loan approved without any hassles.

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Quick Approvals & Disbursals

With our fast approvals and disbursals, you can access the funds quickly and conveniently.

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Regular Reminders

Keep your Pre-Owned Car loan payments on track with Regular Reminders. With this convenient feature, you'll never miss another payment. Regular reminders will help you stay on track and avoid late fees.

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Used Car Loan Calculator

With our convenient Used Car Loan EMI calculator tool, you can quickly calculate your monthly payments.

Benefits of Shriram Used Car Loan

Here are just a few of the benefits you will enjoy when choosing a Shriram Finance Used Car Loan:

Flexible Repayment Options

With Shriram Used Car Loans, you can select repayment terms that work best for your budget ranging from 12 to 48 months. You have more control over your repayment schedule due to this flexibility.

Competitive Interest Rates

We offer used car loans at a competitive interest rate, so you can be assured of an affordable interest rate on a used car loan.

Quick and Easy Application

Shriram Used Car Loans can provide convenient and affordable financing options when purchasing a pre-owned car. You can easily apply online or in person and get your loan approved quickly.

Dedicated Customer Service

We are committed to providing our customers with the best experience. Our dedicated customer service team is always available to answer your questions and help you.

Customised Loan Solutions

At Shriram Finance, we understand that everyone has unique needs and preferences. That's why we offer customised loan solutions tailored to your specific requirements.

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FAQs

How can I avail Used Car Loan from Shriram Finance?

You can apply online or visit the nearest Shriram Finance branch.

What is the maximum loan amount I can avail under Shriram Finance Used Car Loan?

The maximum loan amount under Shriram Finance Used Car Loan is up to 85% of the price of the car, subject to a maximum of ₹10 lakhs.

Can I prepay my Shriram Finance Used Car Loan?

Yes, you can prepay your Shriram Finance Used Car Loan. However, prepayment charges are applicable to your loan agreement terms and conditions.

What is the minimum and maximum loan tenure for the Shriram Finance Used Car Loan?

The minimum loan tenure for the Shriram Finance Used Car Loan is 12 months and the maximum is 48 months.

Can I apply for Shriram Finance Used Car Loan online?

You can apply for Shriram Finance Used Car Loan online through our website. The process is simple and hassle-free.

Financing your used car is easy and quick