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Looking to own a second-hand car in Bareilly without paying everything upfront? Used Car Loan in Bareilly from Shriram Finance can help you pay in simple monthly instalments. Whether it's for daily travel or family use, a used car can make life easier. With this loan, you can choose the car that fits your needs and budget. This guide will help you understand how the loan works and what to keep in mind before applying. You will also learn about the eligibility and documents required. Knowing these details can make your loan journey smooth and hassle-free.
Shriram Finance provides different types of second-hand car loan options in Bareilly to serve all kinds of customer requirements. Pick a loan option that matches your financial condition and personal needs.
Shriram Used Car Loan Interest Rates in Bareilly start at 10%* p.a., presenting cost-effective and competitive financing packages. Our interest rate structure is crafted to support comfortable loan repayments, keeping pre-owned vehicle purchases financially viable for you. Review the summary below for essential details about charges and fees associated with our Used Car Loan.
| Type of Fees | Applicable Charges |
|---|---|
| How to Use the Used Car Loan EMI Calculator | Using the pre-owned car loan calculator is simple. Just choose your desired loan amount and tenure, and the calculator will instantly generate your estimated EMI. This helps you get a clear idea of your repayment schedule before applying. The calculator is designed to show how different loan amounts and tenures affect your EMI, helping you make a well-informed decision. It is a convenient tool to ensure that your loan fits within your financial plan. |
| Car Refinancing in Bareilly | With car refinancing options in Bareilly from Shriram Finance, you can use your car's value to secure extra funds without selling it. This service helps you access immediate financial support while still keeping your vehicle. We offer competitive interest rates and flexible repayment terms, ensuring that you can comfortably manage your finances. This refinancing option is available only if the car is free of existing loans, making it an ideal financial solution for those in need of quick funds. |
| Eligibility and Documentation Criteria for Used Car Loan in Bareilly | 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: | Income: |
You can also use our second-hand car loan EMI calculator to know your possible interest rate and EMIs. This simple tool helps you plan your repayments and choose the right loan option.
Age:
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
Residency:
Required Documents:
Provide your personal information such as name, address, and contact details.
Used Car Loan FAQs
You must be an Indian citizen aged between 21* and 59* years at the end of the loan term. Income eligibility is determined based on vehicle model, age, and loan tenure.
What is the processing fee for a Used Car Loan?
Can I apply for a Used Car Loan online in Bareilly?
Yes, applications can be submitted online through Shriram Finance website or Shriram One mobile app.
What is the maximum loan amount I can get for a used car in Bareilly?
Loan amount can go up to 85%* of the vehicle's value, with a minimum loan amount of ₹1 lakh*.
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.