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Used Car Loans in Kamptee
Are you a Kamptee resident looking for reasonably priced transport? Buying a used car could be your answer. Shriram extends Used Car Loans in Kamptee with adjustable payment plans suited to our local area. With rates from 10%* p.a. and financing reaching up to 85%* of your vehicle's cost, owning a reliable second-hand car becomes achievable. The uncomplicated application includes an online portal for quick decisions and a trouble-free experience. This guide details everything about securing a Used Car Loan in Kamptee.
Used Car Loan Types in Kamptee
Shriram Finance provides a range of Used Car Loan choices in Kamptee for various customer requirements. Take your time to examine each loan type to determine which one best matches your personal financial situation.
Pre-Owned Car Loan
Car Refinancing (Loan Against Car)
Features and Benefits of Used Car Loans in Kamptee
Competitive Interest Rates
High Financing Percentage
Flexible Repayment Terms
Timely Payment Reminders
Car Refinancing Options
Customised Loan Solutions
Easy Online Application
Dedicated Customer Service
Used Car Loan Interest Rates in Kamptee
Shriram Used Car Loan Interest Rates in Kamptee start at a competitive 10%* p.a., ensuring our financing options are both appealing and easy on the pocket. Our interest rates are thoughtfully arranged to support doable repayment schedules, making pre-owned car ownership a financially sound option.
| 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 |
Utilise our second-hand car loan EMI calculator to estimate your possible interest costs and monthly instalments. This valuable resource can help you plan your finances before taking on a loan.
How to Use the Used Car Loan EMI Calculator
To effectively use the pre-owned car loan EMI calculator, simply enter your chosen loan amount and select your preferred repayment timeframe. The calculator will instantly show your estimated monthly EMI, helping you adjust your financial planning. This simple tool clearly demonstrates how different loan amounts and repayment periods can affect your monthly payments, enabling you to choose 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
âı 1,00,000
Interest Payable
âı 8,103
Monthly EMI
âı 6,006
Car Refinancing in Kamptee
Shriram Finance offers valuable car refinancing options in Kamptee, allowing you to access the value of your current car to get immediate funds without having to sell it. This service is an excellent way to use your car's worth for various financial needs that may come up. Our refinancing solutions feature competitive interest rates and adaptable repayment terms, ensuring that you can comfortably manage your finances while continuing to use your vehicle. This option is available when there are no existing loans on the car, making it a practical and convenient financial solution.
Eligibility and Documentation Criteria for Used Car Loans in Kamptee
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:- 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 Kamptee
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 Kamptee
Please try our user-friendly branch locator tool on the Shriram Finance website to find your closest branch in Kamptee or the surrounding area.
Locate Us
Used Car Loan Customer Care in Kamptee
Shriram Finance strives to deliver exceptional customer care services in Kamptee, ensuring you get expert guidance with all your Pre-owned Car Loan questions. You can easily contact us through phone or pop into one of our local branches for personal assistance and dedicated support.
Used Car Loan Status in Kamptee
To view your Used Car Loan Status in Kamptee, simply sign in securely to your account on the Shriram Finance website and go to the designated 'Loan Status' section. Once there, enter your application number or your loan account number to see the most recent information. Alternatively, you are always welcome to ring our helpful customer care team directly or visit one of our conveniently placed branches to enquire about your loan status. We are dedicated to keeping you well-informed throughout every stage of the loan process.
Used Car Loan in Major Cities in India
Used Car Loan FAQs
Can I get a Used Car Loan in Kamptee?
Yes, you can get a Used Car Loan in Kamptee from us. We offer adaptable and convenient financing options for pre-owned vehicles.
What are the eligibility criteria for a Used Car Loan in Kamptee?
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 Kamptee?
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 Kamptee?
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 Kamptee?
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 Kamptee?
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 âı1 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.