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Shriram Used Car Loans

Used Car Loans in Baripada

Baripada's geographical positioning in the Mayurbhanj district necessitates robust transportation solutions for residents traversing diverse terrains and administrative zones. Pre-owned vehicles represent a practical mobility strategy for local communities. Used car loans in Baripada offer a financial bridge, enabling residents to acquire vehicles that enhance personal and professional connectivity. Shriram Finance presents used car loans in Baripada with rates beginning at 10%* p.a. Our flexible extending up to 48 months options help make automobile ownership a reality for numerous households.

Used Car Loan Types in Baripada

Shriram Finance offers used car loan solutions for Baripada residents:

Loan Against Car (Car Refinancing)

Loan Against Car (Car Refinancing)

A financial service that enables car owners to access funds based on their vehicle's market value, without changing ownership.
Pre-Owned Car Loan

Pre-Owned Car Loan

A loan option for Baripada residents interested in purchasing used vehicles, covering up to 85%* of the car's evaluated worth.

Features and Benefits of Used Car Loans in Baripada

The features and benefits of a Used car loan in Baripada offered by Shriram Finance are designed to make it easier for customers to buy a used car without financial stress.
Competitive Interest Rates:

Competitive Interest Rates:

Access vehicle financing with rates initiating from 10%* p.a., ensuring financial optimisation.
High Financing Percentage:

High Financing Percentage:

Obtain funding covering up to 85%* of your vehicle's comprehensive market assessment.
Flexible Repayment Tenures:

Flexible Repayment Tenures:

Develop a loan repayment strategy spanning up to 48 months.
Regular Reminders:

Regular Reminders:

Receive precise notifications tracking your payment schedule.
Dedicated Customer Service:

Dedicated Customer Service:

Engage with a professional support team committed to resolving your financial inquiries.
Customised Loan Solutions:

Customised Loan Solutions:

Receive loan structures precisely aligned with your specific economic requirements.
Easy Online Application:

Easy Online Application:

Navigate a streamlined digital platform designed for straightforward loan processing.
Car Refinancing Options:

Car Refinancing Options:

Explore refinancing alternatives enabling fund access against vehicle valuation without existing loan constraints.

Used Car Loan Interest Rates in Baripada

Shriram Used Car Loan Interest Rates in Baripada commence at 10%* p.a., presenting affordable financing solutions for used vehicles. The interest structures are carefully constructed to enable convenient loan repayments, ensuring that securing a second-hand automobile remains within your financial reach.

Type of Fees Applicable Charges
How to Use the Used Car Loan EMI CalculatorHarness the intuitive pre-owned car loan calculator to refine your used vehicle financing strategy. Specify your desired loan amount and repayment timeline to receive an instant EMI breakdown. The tool provides comprehensive insights into how loan adjustments influence your monthly financial commitments, helping you design the most suitable financing approach.
Car Refinancing in BaripadaA precise financial tool designed to offer monetary flexibility to vehicle owners. This refinancing mechanism allows individuals to generate funds against their vehicle's current market valuation without compromising ownership. Strategically developed repayment plans, and competitive interest rates provide a systematic approach to financial management.
Eligibility and Documentation Criteria for Used Car Loans in BaripadaTo check used car loan eligibility online, applicants need to fulfil these conditions.
Eligibility Criteria:Residency:

Refine your financial approach by utilising our second-hand car loan EMI calculator to assess potential interest rates and monthly commitments before proceeding with your loan application.

Open to all Indian citizens.

Age:

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

Minimum 21* years, maximum 59* years at loan completion.

Income:

Financial parameters adjusted based on vehicle characteristics and repayment duration.

Required Documents:

    • KYC Documents: Government-authorised identity and address verification.
    • Bank Statements: Current financial transaction records.
    • Vehicle Documents: Full registration certificate and insurance documentation.
  • Individual IconIncome Proof:
      Employment verification for salaried individuals; tax filings for self-employed applicants.
    • Step-by-Step Application Process for Used Car Loans in Baripada 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.

How To Apply
  • Our Used Car Loan Branches in Baripada

    Shriram Finance has extended its Used Car Loan services to Baripada with a customer-friendly branch offering quick processing and minimal paperwork. Key locations include:
  • Used Car Loan Customer Care in Baripada

    Shriram Finance delivers expert Pre-owned Car Loan guidance through responsive customer support mechanisms and conveniently situated branch locations.
  • Toll Free

    1800 103 4959
  • 1800 103 6369

    Used Car Loan Status in Baripada

Maintain real-time awareness of your Used Car Loan Status through Shriram Finance's digital tracking system. Input your loan details online or engage with our local branch representatives for personalised guidance. We are committed to providing comprehensive information at every loan approval stage.

Used Car Loan FAQs

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

Applicants must be Indian citizens between 21* and 59* years old at the loan's conclusion. Income requirements will depend on the vehicle's characteristics and chosen repayment schedule.

Necessary documents include a fully completed application form, vehicle registration certificate, identity proof, income documents, and recent bank statements. Documentation may vary based on the specific loan request.

What is the processing fee for a Used Car Loan?

A processing fee of up to 5%* of the principal loan amount will be applied to Used Car Loans.

Financing is available for up to 85%* of the vehicle's value, requiring customers to make a 15%* down payment.

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

Customers can conveniently apply online through Shriram Finance's website or the Shriram One mobile application.

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

Loan amounts can reach up to 85%* of the vehicle's assessed value, with minimum loans starting at 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.