- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Used Car Loan in Balurghat
Buying a second-hand car is easier with a Used Car Loan in Balurghat from Shriram Finance. Instead of making a large upfront payment, you can opt for structured repayment, making ownership more convenient. Understanding the eligibility criteria, required documents, and loan process in advance ensures a smooth application. This guide provides all the key details to help you move forward without any hassle.
Used Car Loan Types in Balurghat
Shriram Finance offers second-hand car loans in Balurghat to help customers manage their financial needs effectively. Select the loan type that matches your financial requirements and repayment capacity.
Loan Against Car (Car Refinancing)
Pre-Owned Car Loan
Features and Benefits of Used Car Loan in Balurghat
High Financing Percentage
Regular Reminders
Competitive Interest Rates
Flexible Repayment Tenures
Car Refinancing Options
Easy Online Application
Dedicated Customer Service
Customised Loan Solutions
Used Car Loan Interest Rates in Balurghat
The Used Car Loan in Balurghat from Shriram Finance comes with competitive interest rates starting at 10%* p.a., making it an affordable choice for financing a pre-owned car. These attractive rates ensure your loan repayments remain budget-friendly, allowing you to buy a used vehicle without financial stress. Below is a complete breakdown of the charges and fees applicable to our Used Car Loan.
| 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 |
With our second-hand car loan EMI calculator, you can check your estimated EMIs and interest rate instantly. This user-friendly tool helps you plan repayments in advance and select the best loan option based on your financial needs.
How to Use the Used Car Loan EMI Calculator
The pre-owned car loan calculator helps you plan your loan with ease. Just enter your loan amount and tenure, and the tool will instantly show your estimated EMI. This allows you to check repayment details in advance, ensuring you make the right choice. You can also compare different loan options to find the most suitable one. It is a useful way to manage your budget effectively.
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 Balurghat
Shriram Finance offers car refinancing options in Balurghat, allowing you to access funds without selling your car. This facility helps you manage financial needs while still using your vehicle. With flexible repayment plans and competitive interest rates, handling your expenses becomes easier. However, this option is only available if your car has no existing loan, making it an ideal choice for those looking for quick funds.
Eligibility and Documentation Criteria for Used Car Loan in Balurghat
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.
Eligibility Criteria:- Residency: All Indian residents.
- Age: Minimum 21* years, with a maximum age of 59* years at loan maturity.
- Income: Requirements vary based on the vehicle model, age, and repayment tenure.
Required Documents:- To check used car loan eligibility online, applicants must meet certain criteria. The essential documents required include:
- Vehicle Documents: Registration certificate and insurance details of the used car.
- Income Proof: Salary slips for salaried individuals, and income tax returns (ITR) for self-employed.
- Bank Statements: Recent bank statements may be required.
- KYC Documents: Proof of identity and address.
Step-by-Step Application Process for Used Car Loan in Balurghat
To apply for a used car loan, follow the steps below:
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 Balurghat
Shriram Finance has branch services in Balurghat, focused on offering superior customer service. Notable locations include:
Locate Us
Used Car Loan Customer Care in Balurghat
Shriram Finance provides dedicated customer care services in Balurghat to assist with any Pre-owned Car Loan queries. You can contact our support team by phone or visit a nearby branch for personalised assistance. Below are our used car loan customer care numbers:
Used Car Loan Status in Balurghat
To check your Used Car Loan Status in Balurghat, visit the Shriram Finance website and log in. Go to the 'Loan Status' section and enter your loan account or application number. You can also contact customer care or visit a branch for updates. We keep you informed at every stage of your loan process.
Used Car Loan in Major Cities in India
Used Car Loan FAQs
Can I get a Used Car Loan in Balurghat?
Yes, you can get a Used Car Loan in Balurghat from us. We offer adaptable and convenient financing options for pre-owned vehicles.
What are the eligibility criteria for a Used Car Loan in Balurghat?
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 Balurghat?
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 Balurghat?
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 Balurghat?
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 Balurghat?
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.