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Shriram Used Car Loans

Used Car Loans in East Siang

East Siang's expanding urban landscape and improved connectivity have made personal transport more essential than ever. Pre-owned cars are a popular choice as they offer affordability and reliability without compromising on convenience. Used car loans in East Siang help buyers purchase their desired vehicle without depleting their savings. Shriram Finance provides flexible financing options, allowing you to repay comfortably over time. Whether you need a car for work or personal travel, a structured loan ensures easy ownership. With quick processing and simple eligibility requirements, buying a used car has become a seamless experience.

Used Car Loan Types in East Siang

Shriram Finance offers a variety of used car loan types in East Siang to cater to different customer needs. Choose the loan type that best suits your financial needs.

Pre-Owned Car Loan

Pre-Owned Car Loan

This loan is specifically designed for purchasing a used car, providing financing of up to 85%* of the vehicle's value.
Loan Against Car (Refinancing)

Loan Against Car (Refinancing)

If your car is fully paid off, you can use its value to secure funds. This option is perfect for those needing immediate cash while keeping their vehicle.

Features and Benefits of Used Car Loans in East Siang

The features and benefits of a Used car loan in East Siang offered by Shriram Finance are designed to make it easier for customers to buy a used car without financial stress.
High Financing Percentage

High Financing Percentage

Get funding of up to 85%* of the assessed value of your chosen vehicle.
Flexible Repayment Tenures

Flexible Repayment Tenures

Select repayment terms of up to 48 months based on your financial capacity.
Regular Reminders

Regular Reminders

Receive timely notifications to stay on track with your loan repayments.
Competitive Interest Rates

Competitive Interest Rates

Avail competitive interest rates starting at 10%* p.a., making car ownership affordable.
Easy Online Application

Easy Online Application

Enjoy a hassle-free online application process for quick approvals.
Car Refinancing Options

Car Refinancing Options

Leverage your car's equity (if free from loans) to unlock funds without transferring balances.
Dedicated Customer Service

Dedicated Customer Service

Get expert assistance from our responsive support team for any queries or concerns.
Customised Loan Solutions

Customised Loan Solutions

Access tailored financing options designed to meet your specific needs.

Used Car Loan Interest Rates in East Siang

Planning to purchase a pre-owned car in East Siang? Shriram Finance offers competitive interest rates starting at just 10%* p.a., making car ownership more affordable. Given below are the key charges and fees associated with our used car loans:

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

Before committing to a used car loan, utilise our EMI calculator to project your monthly instalments and overall interest expenses. This tool empowers you to refine your financial planning and select a loan option that aligns seamlessly with your budget.

How to Use the Used Car Loan EMI Calculator

To calculate your EMI, enter the desired loan amount and repayment tenure into the pre-owned car loan calculator. It will instantly display your estimated monthly payment, enabling you to understand your financial commitment better. Adjust amounts and tenures to find the most suitable repayment plan for you.

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 East Siang

Shriram Finance provides refinancing options in East Siang, allowing you to access funds based on your vehicle's value without selling it. This option offers quick cash for various needs while letting you retain ownership of the car. Competitive interest rates and flexible repayment terms make this solution practical. Your car should be free of loans to avail this facility.

Eligibility and Documentation Criteria for Used Car Loans in East Siang

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:
      To check used car loan eligibility online, applicants must meet certain criteria. The essential documents required include:
    • KYC Documents: Proof of identity and address.
    • Income Proof: Salary slips for salaried individuals, income tax returns (ITR) for self-employed.
    • Bank Statements: Recent bank statements may be required.
    • Vehicle Documents: Registration certificate and insurance details of the used car.

Step-by-Step Application Process for Used Car Loans in East Siang

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 East Siang

Shriram Finance operates in East Siang for easy access. Use our branch locator tool online to find one near you for assistance with all used car loan services.

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 East Siang

Need help with your pre-owned car loan in East Siang? Our customer support team is ready to assist you with any questions you might have. Feel free to contact us by phone or visit our branch for direct support.

Used Car Loan Status in East Siang

Tracking your used car loan status is simple. Log into your Shriram Finance account online, navigate to the 'Loan Status' section, and enter your application or loan account number. As an alternative, contact customer care or visit a branch for updates. Explore the flexible and competitive used car loan options at Shriram Finance today!

Used Car Loan FAQs

Can I get a used car loan in East Siang?

Yes, Shriram Finance offers flexible and convenient financing solutions for purchasing pre-owned vehicles in East Siang.

What are the eligibility criteria for a used car loan in East Siang?

To be eligible, you should be a resident of India and aged between 21* years and 59* years at the time of loan maturity. Other factors like the vehicle's model, age, and chosen repayment tenure also influence eligibility.

What is the interest rate on a used car loan?

Our used car loan interest rates begin at 10%* p.a., though the exact rate may vary depending on your profile and specific circumstances.

What documents are required for a used car loan in East Siang?

You'll need to provide an application form, the vehicle's registration certificate, KYC documents, proof of income, and bank statements. The precise requirements may vary based on your profile and loan details.

What is the processing fee for a used car loan?

Shriram Finance charges a processing fee of up to 5%* of the total loan amount for used car loans.

What is the down payment required for a used car loan in East Siang?

We typically finance up to 85%* of the vehicle's value, which means you'll need to pay around 15%* as a down payment.

Can I apply for a used car loan online in East Siang?

Yes, you can easily apply online for a used car loan via the Shriram Finance website or the Shriram One mobile application with just a few steps.

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

You can borrow up to 85%* of the vehicle's assessed value, with minimum loan amounts 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.