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Used Car Loans in Gangavathi
Gangavathi locals searching for low-cost transportation can consider second-hand cars. Shriram's Used Car Loans in Gangavathi offer easy-to-customise plans for the community. Competitive interest rates starting at 10%* p.a. and up to 85%* loan coverage simplify car ownership. The hassle-free online application system delivers swift decisions. Follow this guide to explore how to get a Used Car Loan in Gangavathi.
Used Car Loan Types in Gangavathi
In Gangavathi, Shriram Finance provides several Used Car Loan choices to accommodate various customer requirements. Evaluate each loan option to find the one that best aligns with your financial goals.
Pre-Owned Car Loan
Car Refinancing
Features and Benefits of Used Car Loans in Gangavathi
High Financing Percentage:
Competitive Interest Rates:
Flexible Repayment Terms:
Timely Payment Reminders:
Easy Online Application:
Customised Loan Solutions:
Car Refinancing Options:
Dedicated Customer Service:
Used Car Loan Interest Rates in Gangavathi
At Shriram, Used Car Loan Interest Rates in Gangavathi start from a competitive 10%* p.a., ensuring that our financing options are both appealing and budget-friendly. Our rates are designed to support realistic repayment schedules, making second-hand car ownership financially feasible.
| 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 |
Try out our second-hand car loan EMI calculator to get an estimate of your interest costs and monthly payments, aiding your financial planning.
How to Use the Used Car Loan EMI Calculator
To effectively use the pre-owned car loan EMI calculator, simply type in your chosen loan amount and select your preferred repayment length. The calculator will instantly provide your estimated monthly EMI, helping you adjust your financial planning. This simple tool clearly demonstrates how different loan amounts and repayment timeframes can affect your monthly payments, enabling you to select the option that best suits your budget.
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 Gangavathi
At Shriram Finance, we provide beneficial car refinancing options in Gangavathi that enable you to use your vehicle's value to obtain immediate funds without needing to sell it. This service allows you to leverage your car's worth for different financial needs. Our refinancing solutions come with competitive interest rates and flexible repayment schedules, making it easy to manage your finances while still enjoying your vehicle. This option is available if there are no outstanding loans on the car, offering a practical financial solution.
Eligibility and Documentation Criteria for Used Car Loans in Gangavathi
To assess your used car loan eligibility online, you'll need to meet these essential criteria. These documents may vary based on the applicant's profile and the loan amount.
Eligibility Criteria:- Age: Applicant must be between 21*-59* years at loan maturity.
- Residency: All Indian residents.
- Income: These will vary depending on the specifics of the vehicle, its age, and the chosen repayment timeline.
Required Documents- 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 Gangavathi
Apply for a Used Car Loan is simple; follow these steps:
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 Gangavathi
Please use our simple branch locator tool on the Shriram Finance website to find the closest branch in Gangavathi or the surrounding areas.
Locate Us
Used Car Loan Customer Care in Gangavathi
We at Shriram Finance are committed to offering top-quality customer care in Gangavathi, ensuring you have access to skilled support for all your pre-owned car loan inquiries. Feel free to call us or visit one of our branches for personalised assistance.
Used Car Loan Status in Gangavathi
To check your Used Car Loan Status in Gangavathi, securely log into your account on the Shriram Finance website and go to the 'Loan Status' section. Enter your application or loan account number to get the latest information. You can also contact our customer care team directly or visit one of our branches to ask about your loan status. We are committed to keeping you updated through every step of the loan process.
Used Car Loan in Major Cities in India
Used Car Loan FAQs
Can I get a Used Car Loan in Gangavathi?
Yes, you can get a Used Car Loan in Gangavathi from us. We offer adaptable and convenient financing options for pre-owned vehicles.
What are the eligibility criteria for a Used Car Loan in Gangavathi?
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 Gangavathi?
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 Gangavathi?
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 Gangavathi?
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 Gangavathi?
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 ₹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.