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Used Car Loans in Achalpur
For residents of Achalpur, owning a car is now more affordable with Shriram Finance's Used Car Loans in Achalpur. We offer flexible financing for pre-owned vehicles with interest rates starting at 10%* p.a., along with up to 85%* funding of the car's value. Our straightforward online application process ensures quick approvals, so you can focus on finding the perfect car for your needs. Whether you're commuting daily or planning a family outing, our loans help you own a reliable vehicle without breaking the bank. Plus, our customer support team is always available to guide you through the process.
Used Car Loan Types in Achalpur
Shriram Finance provides several Used Car Loan options in Achalpur to meet different customer requirements. Take time to consider each loan type to find the one that best fits your financial circumstances and needs.
Pre-Owned Car Loan
Car Refinancing (Loan Against Car)
Features and Benefits of Used Car Loans in Achalpur
Timely Payment Reminders
Flexible Repayment Terms
High Financing Percentage
Competitive Interest Rates
Car Refinancing Options
Dedicated Customer Service
Easy Online Application
Customised Loan Solutions
Used Car Loan Interest Rates in Achalpur
Shriram Used Car Loan Interest Rates in Achalpur start from a reasonable 10%* p.a., ensuring our financing options are both appealing and wallet-friendly. Our interest rates are thoughtfully structured to support manageable repayment schedules, making second-hand car ownership an economically practical choice.
| Type of Fees | Applicable Charges |
|---|---|
| Interest Rate | Starting from 10%* p.a. |
| Processing Fees | up to 5%* |
| Foreclosure Charges | up to 4%* |
| Loan Tenure | up to 48 months |
Check out our second-hand car loan EMI calculator to estimate your potential interest costs and monthly instalments. This valuable resource can help you organise your finances ahead of taking on a loan.
How to Use the Used Car Loan EMI Calculator
To make the most of the pre-owned car loan EMI calculator, just input your chosen loan amount and select your desired repayment timeframe. The calculator will promptly show your estimated monthly EMI, allowing you to adjust your financial planning. This user-friendly tool clearly illustrates how varying loan amounts and repayment terms can change your monthly payments, helping you pick the option that suits your budget best.
STEP 01
Required Loan Amount
STEP 02
Interest Rate
Min 10%
Max 42%
STEP 03
Min 18 months
Max 48 months
Loan Summary
Loan
Loan Amount
âı 1,00,000
Interest Payable
âı 8,103
Monthly EMI
âı 6,006
Car Refinancing in Achalpur
Shriram Finance offers beneficial car refinancing options in Achalpur, allowing you to tap into the value of your current car to get immediate funds without having to sell it. This service is an excellent method to use your car's worth for various financial requirements that may come up. Our refinancing solutions feature competitive interest rates and adaptable repayment plans, ensuring you can comfortably manage your finances while continuing to use your vehicle. This option is available when there are no existing loans on the car, making it a practical and useful financial solution.
Eligibility and Documentation Criteria for Used Car Loans in Achalpur
To assess your used car loan eligibility online, you'll need to meet these essential criteria. These documents may vary based on the applicant's profile and the loan amount.
Eligibility Criteria:- Age: Applicant must be between 21*-59* years at loan maturity.
- Residency: All Indian residents.
- Income: These will vary depending on the specifics of the vehicle, its age, and the chosen repayment timeline.
Required Documents:- The essential documents required include:
- KYC Documents: Proof of identity and address.
- Income Proof: Salary slips for salaried individuals, income tax returns (ITR) for self-employed.
- Bank Statements: Recent bank statements may be required.
- Vehicle Documents: Registration certificate and insurance details of the used car.
Step-by-Step Application Process for Used Car Loans in Achalpur
Apply for a Used Car Loan is simple; follow these steps:
Step 1
Visit the Shriram Finance website and register using your mobile number.Step 2
Verify the OTP sent to your mobile number to proceed.Step 3
Provide your personal information such as name, address, and contact details.Step 4
Once your application is submitted, a representative will connect with you to process your loan further.
Our Used Car Loan Branches in Achalpur
Please use our practical branch locator tool on the Shriram Finance website to find the closest branch location in Achalpur or surrounding regions.
Locate Us
Used Car Loan Customer Care in Achalpur
Shriram Finance is committed to offering superior customer care services in Achalpur, ensuring you receive expert assistance with all your Pre-owned Car Loan questions. You can easily reach us via telephone or drop into one of our local branches for individualised help and dedicated support.
Used Car Loan Status in Achalpur
To view your Used Car Loan Status in Achalpur, simply sign in securely to your account on the Shriram Finance website and browse to the 'Loan Status' section. Once there, type your application number or loan account number to access the most up-to-date information. Alternatively, you are always welcome to phone our helpful customer care team directly or visit one of our conveniently situated branches to enquire about your loan status. We are dedicated to keeping you well-informed throughout each phase of the loan process.
Used Car Loan in Major Cities in India
Used Car Loan FAQs
Can I get a Used Car Loan in Achalpur?
Yes, you can get a Used Car Loan in Achalpur from us. We offer adaptable and convenient financing options for pre-owned vehicles.
What are the eligibility criteria for a Used Car Loan in Achalpur?
To be eligible for a Used Car Loan, you must be an Indian resident, at least 21* years old, and not more than 59* years old at loan maturity. The income requirement varies based on the vehicle model, age, and repayment tenure.
What is the interest rate on a Used Car Loan?
The interest rate for our Used Car Loans starts at 10%* p.a. but the exact rate may vary based on individual factors.
What documents are required for a Used Car Loan in Achalpur?
Required documents include an application form, registration certificate of the vehicle, KYC documents, income proof, and bank statements. The exact list may vary based on your profile and loan amount.
What is the processing fee for a Used Car Loan?
The processing fee for a Used Car Loan is up to 5%* of the loan amount.
What is the down payment required for a Used Car Loan in Achalpur?
We offer financing of up to 85%* of the vehicle's value, which means you need to pay a down payment covering the remaining 15%*.
Can I apply for a Used Car Loan online in Achalpur?
Yes, you can apply for a Used Car Loan online through the Shriram Finance website or Shriram One mobile app in a few easy steps.
What is the maximum loan amount I can get for a used car in Achalpur?
The maximum loan amount for a Used Car Loan is up to 85%* of the vehicle's value, with a minimum loan amount starting from âı1 lakh*.
Disclaimer
The information provided in this guide is for educational purposes only and should not be considered financial advice. Always consult with a financial advisor before making investment decisions related to fixed deposits or any other financial products.