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Shriram Used Car Loans

Used Car Loan in Anand

In a city like Anand, having a personal car can make travel simpler and more convenient. Many people choose to buy used cars as a practical and affordable option. A Used Car Loan in Anand can help arrange the necessary funds to buy a second-hand car without putting pressure on personal savings. This guide will explain how Shriram Finance offers used car loans, including important details on eligibility, required documents, and repayment options.

Used Car Loan Types in Anand

Shriram Finance offers different kinds of second-hand car loan options in Anand to meet various customer needs. You can choose the loan option that suits your financial needs and current situation.

Loan Against Car (Car Refinancing)

Loan Against Car (Car Refinancing)

You can use your car's value to get funds if there is no existing loan on it. This is useful for urgent money needs without selling your car.
Pre-Owned Car Loan

Pre-Owned Car Loan

This loan helps you buy used cars and offers financing of up to 85%* of the car's value.

Features and Benefits of Used Car Loan in Anand

The features and benefits of a Used car loan in Anand offered by Shriram Finance are designed to make it easier for customers to buy a used car without financial stress.
Flexible Repayment Tenures

Flexible Repayment Tenures

Depending on your comfort and repayment capacity, you can choose a repayment period of up to 48 months.
High Financing Percentage

High Financing Percentage

Shriram Finance offers financing of up to 85%* of the value of the vehicle, so you do not need to worry about arranging a large amount as a down payment.
Competitive Interest Rates

Competitive Interest Rates

The rates start from 10%* p.a., which makes it affordable and easier to repay over time.
Regular Reminders

Regular Reminders

You will receive timely reminders and updates to help you manage your loan payments properly and avoid missing any instalments.
Customised Loan Solutions

Customised Loan Solutions

Shriram Finance offers personalised loan options based on your specific financial needs and repayment capacity.
Car Refinancing Options

Car Refinancing Options

This option allows you to use your car's value to get extra funds, even if it is not a balance transfer, as long as there is no active loan on the vehicle.
Easy Online Application

Easy Online Application

The loan application process is simple and can be completed online in just a few easy steps.
Dedicated Customer Service

Dedicated Customer Service

A committed customer support team is available to help with any questions or concerns at any stage of the loan process.

Used Car Loan Interest Rates in Anand

The Used car loan in Anand offered by Shriram Finance comes with attractive interest rates starting at 10%* p.a., making them affordable and easy to manage. These competitive rates are designed to help you comfortably repay your loan without affecting your monthly budget. You can now own a pre-owned car without any financial burden. Below is an overview of the main charges and fees applicable to our Used Car Loan:

Type of Fees Applicable Charges
Interest RateStarting from 10%* p.a.
Processing Feesup to 5%*
Foreclosure Chargesup to 4%*
Loan Tenureup to 48 months

Use our second-hand car loan EMI calculator to check estimated interest rates and EMIs based on your loan amount and tenure. This tool helps you plan your monthly expenses and decide the right loan amount before applying.

How to Use the Used Car Loan EMI Calculator

To calculate your EMI for a Used Car Loan in Anand, simply enter your preferred loan amount and tenure in the pre-owned car loan calculator. The tool will instantly display your estimated EMI, making it easier to plan your monthly expenses.This user-friendly calculator helps you understand how different loan amounts and repayment periods impact your EMI, allowing you to select the best option based on your budget. It ensures that you can plan your finances effectively before applying for a loan.

STEP 01

Required Loan Amount

â‚ı

STEP 02

Interest Rate

%

Min 10%

Max 42%

STEP 03

Loan Tenure
months

Min 18 months

Max 48 months

Loan Summary

loangraph

Loan

Loan Amount

â‚ı 1,00,000

Interest Payable

â‚ı 8,103

Monthly EMI

â‚ı 6,006

Car Refinancing in Anand

Shriram Finance provides car refinancing options in Anand, enabling you to unlock your vehicle's value and access funds without selling it. This option allows you to use your car's equity to meet urgent financial needs while continuing to own the vehicle. Our refinancing plans come with competitive interest rates and flexible repayment options, making it easier to manage your finances. This facility is available only if there are no existing loans on the vehicle, making it a smart choice for those looking for additional funds without giving up their car.

Eligibility and Documentation Criteria for Used Car Loan in Anand

To check used car loan eligibility online, applicants must meet the following criteria. These documents may vary based on the applicant's profile and the loan amount.

  • Individual IconEligibility Criteria:
    • Age: Minimum 21* years, with a maximum age of 59* years at loan maturity.
    • Residency: All Indian residents.
    • Income: Requirements vary based on the vehicle model, age, and repayment tenure.
  • Individual IconRequired Documents:
      The essential documents required include:
    • Bank Statements: Recent bank statements may be required.
    • KYC Documents: Proof of identity and address.
    • Income Proof: Salary slips for salaried individuals, income tax returns (ITR) for self-employed.
    • Vehicle Documents: Registration certificate and insurance details of the used car.

Step-by-Step Application Process for Used Car Loan in Anand

To apply for a used car loan, follow the steps below:

How To Apply

  • 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 Anand

Shriram Finance has branch services in Anand to offer better service and easy access to customers. You can visit us at several key locations, including:

Locate Us

or

  • ANDAMAN AND NICOBAR ISLANDS
  • ANDHRA PRADESH
  • ASSAM
  • BIHAR
  • CHANDIGARH
  • CHHATTISGARH
  • DADRA AND NAGAR HAVELI
  • DELHI
  • GOA
  • GUJARAT
  • HARYANA
  • HIMACHAL PRADESH
  • JAMMU AND KASHMIR
  • JHARKHAND
  • KARNATAKA
  • KERALA
  • Karnataka
  • MADHYA PRADESH
  • MAHARASHTRA
  • MANIPUR
  • MEGHALAYA
  • Madhya Pradesh
  • Maharashtra
  • ODISHA
  • PUDUCHERRY
  • PUNJAB
  • RAJASTHAN
  • SIKKIM
  • TAMIL NADU
  • TELANGANA
  • TRIPURA
  • Tamil Nadu
  • Telangana
  • UTTAR PRADESH
  • UTTARAKHAND
  • WEST BENGAL

Used Car Loan Customer Care in Anand

Shriram Finance provides dedicated customer care services in Anand to assist you with all your Pre-owned Car Loan queries. You can reach out to us by calling or visiting any of our nearby branches for personalised help. Below are our used car loan customer care numbers:

Toll Free

Used Car Loan Status in Anand

To check your Used Car Loan Status in Anand, simply log in to your account on Shriram Finance website. Go to the 'Loan Status' section and enter your application number or loan account number to get the details. You can also call our customer care number or visit the nearest branch to know the status of your loan. We are committed to keeping you informed at every step of the loan process.

Used Car Loan in Major Cities in India

Used Car Loan in Chennai
Used Car Loan in Mumbai
Used Car Loan in Bangalore
Used Car Loan in Pune

Used Car Loan FAQs

Can I get a Used Car Loan in Anand?

Yes, Shriram Finance offers a used car loan in Anand with flexible repayment plans, making it easier to purchase a pre-owned vehicle.

What are the eligibility criteria for a Used Car Loan in Anand?

To be eligible, you must be an Indian resident aged between 21* and 59* years at loan maturity. Income requirements depend on vehicle model, age, and repayment tenure.

What is the interest rate on a Used Car Loan?

Interest rates start at 10%* p.a., but the final rate depends on factors such as loan tenure and borrower profile.

What documents are required for a Used Car Loan in Anand?

Required documents include an application form, KYC documents, income proof, bank statements, and the vehicle's registration certificate. Additional documents may be needed based on the loan profile.

What is the processing fee for a Used Car Loan?

Processing fee can be up to 5%* of the loan amount. For details, please check Shriram Finance interest rate policy on the website.

What is the down payment required for a Used Car Loan in Anand?

Financing of up to 85%* of the vehicle's value is available. The remaining 15%* must be paid as a down payment.

Can I apply for a Used Car Loan online in Anand?

Yes, you can apply online through Shriram Finance website or Shriram One mobile app in just a few easy steps.

What is the maximum loan amount I can get for a used car in Anand?

Maximum loan amount is up to 85%* of the vehicle's value, with a minimum loan starting from â‚ı1 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.