- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications4
Terms and Conditions
Used Car Loan in Bankura
Arranging funds for a second-hand car is easier with a Used Car Loan in Bankura from Shriram Finance. Instead of making a large one-time payment, you can opt for structured repayments, making ownership more convenient. Understanding the eligibility criteria, required documents, and loan process in advance ensures a hassle-free experience. This guide provides all the essential details to help you move forward confidently.
Used Car Loan Types in Bankura
Shriram Finance provides second-hand car loan options in Bankura to assist customers in financing their vehicle needs. Select the loan option that aligns with your financial plan.
Loan Against Car (Car Refinancing)
Pre-Owned Car Loan
Features and Benefits of Used Car Loan in Bankura
Flexible Repayment Tenures
Regular Reminders
High Financing Percentage
Competitive Interest Rates
Refinancing Opportunities
Effortless Digital Application
Responsive Customer Support
Personalised Loan Packages
Used Car Loan Interest Rates in Bankura
The Used Car Loan in Bankura from Shriram Finance offers interest rates starting at 10%* p.a., providing an affordable way to finance a pre-owned vehicle. These competitive rates make repayment easy, ensuring that owning a used car does not put financial pressure on you. Below is a full list 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 |
Use our second-hand car loan EMI calculator to estimate your EMIs and interest rate in just a few clicks. This simple tool helps you plan your loan repayments and select the best option based on your financial needs.
How to Use the Used Car Loan EMI Calculator
Planning your loan is easy with the pre-owned car loan calculator. Simply enter your loan amount and tenure, and the tool will quickly estimate your EMI. This helps you review repayment details in advance, making decision-making easier. You can also compare various loan options to choose the right one. It is a great way to stay financially prepared.
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
₹ 1,00,000
Interest Payable
₹ 8,103
Monthly EMI
₹ 6,006
Car Refinancing in Bankura
Shriram Finance presents valuable car refinancing options in Bankura, allowing you to access immediate funds based on the value of your current car without selling it. This service is a great way to use your vehicle's worth for unexpected financial needs. Our refinancing options include competitive interest rates and flexible repayment plans, helping you manage your finances easily while still driving your car. This option is accessible if there are no existing loans on the vehicle, making it a smart financial solution.
Eligibility and Documentation Criteria for Used Car Loan in Bankura
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 Bankura
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 Bankura
Shriram Finance has branches in Bankura to ensure easy access to its services. These branches are situated in familiar areas, making them convenient to visit. Some important locations include:
Locate Us
Used Car Loan Customer Care in Bankura
For customers in Bankura, Shriram Finance offers customer care services for all Pre-owned Car Loan needs. You can call our helpline or visit a branch for expert guidance. Below are our used car loan customer care numbers:
Used Car Loan Status in Bankura
You can easily check your Used Car Loan Status in Bankura by logging into Shriram Finance website. Visit the 'Loan Status' page and enter your loan account or application number. For assistance, call customer care or visit a branch.
Used Car Loan in Major Cities in India
Used Car Loan FAQs
Can I get a Used Car Loan in Bankura?
Yes, Shriram Finance provides Used Car Loans in Bankura with a simple process and quick approval. Various repayment options are available.
What are the eligibility criteria for a Used Car Loan in Bankura?
To be eligible, applicants must be Indian citizens aged between 21* and 59* years at loan maturity. The required income depends on the car's model, age, and repayment tenure.
What is the interest rate on a Used Car Loan?
The interest rate starts at 10%* p.a., but the final rate may vary based on financial profile and vehicle specifications.
What documents are required for a Used Car Loan in Bankura?
Key documents include an application form, KYC papers, proof of income, bank statements, and the vehicle's registration certificate. Additional documents may be required.
What is the processing fee for a Used Car Loan?
The processing fee is up to 5%* of the loan amount. Check Shriram Finance's website for the latest charges.
What is the down payment required for a Used Car Loan in Bankura?
up to 85%* of the vehicle's value can be financed, while the remaining 15%* must be paid as a down payment.
Can I apply for a Used Car Loan online in Bankura?
Yes, online applications can be submitted via Shriram Finance's website or Shriram One mobile app.
What is the maximum loan amount I can get for a used car in Bankura?
The loan amount can be up to 85%* of the car's value, with a minimum loan starting from ₹1 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.