- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications4
Terms and Conditions
Used Car Loan in Kolkata
For many residents of Kolkata, owning a car is essential for managing daily travel and family needs. Buying a used car is often a more affordable option, but arranging funds can still be a challenge. A Used Car Loan in Kolkata can help bridge this gap by offering financial assistance to purchase a pre-owned vehicle. This guide will outline how Shriram Finance supports used car buyers, along with details on eligibility, documentation, and key loan features.
Used Car Loan Types in Kolkata
Shriram Finance brings a range of second-hand car loan options in Kolkata to suit every customer's need. Pick the right loan based on your needs and budget.
Pre-Owned Car Loan
Loan Against Car (Car Refinancing)
Features and Benefits of Used Car Loan in Kolkata
Flexible Repayment Tenures
High Financing Percentage
Competitive Interest Rates
Regular Reminders
Car Refinancing Options
Dedicated Customer Service
Easy Online Application
Customised Loan Solutions
Used Car Loan Interest Rates in Kolkata
The Used Car Loan in Kolkata from Shriram Finance offer competitive interest rates starting at 10%* p.a., ensuring cost-effective financing for customers. These rates are carefully structured to keep your loan repayments affordable, making it easier to purchase a pre-owned car without overburdening your budget. Below is a summary of key charges and fees that apply to our Used Car Loan:
| 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 |
Our second-hand car loan EMI calculator can also help you find out your possible EMIs and interest rate. This simple tool allows you to plan your loan repayments better and choose the most suitable loan option for your budget.
How to Use the Used Car Loan EMI Calculator
The pre-owned car loan calculator is simple to use. Just enter your loan amount and tenure, and the tool will quickly calculate your estimated EMI. This helps you understand your repayment plan before applying. It also shows how different loan options affect your EMI, helping you choose the best one. This convenient tool ensures that your loan suits your financial goals.
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 Kolkata
Shriram Finance offers car refinancing options in Kolkata, allowing you to get extra funds based on your car's value without selling it. This solution ensures you receive financial assistance while keeping ownership of your vehicle. With competitive interest rates and flexible repayment plans, managing the loan becomes convenient. The refinancing option is available only if your car is free from existing loans, making it a suitable choice for those needing quick access to funds.
Eligibility and Documentation Criteria for Used car loan in Kolkata
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: 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.
Required 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 Loan in Kolkata
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.Step 4
Once your application is submitted, a representative will connect with you to process your loan further.
Our Used Car Loan Branches in Kolkata
Shriram Finance has several branches in Kolkata that help customers easily access our services. These branches are placed in prominent locations across the city for your convenience. Some of the main areas include:
Locate Us
Used Car Loan Customer Care in Kolkata
Shriram Finance has reliable customer care services in Kolkata to address all your Pre-owned Car Loan concerns. You can either call us or visit one of our branches to get one-to-one support. Below are our used car loan customer care numbers:
Used Car Loan Status in Kolkata
You can easily check your Used Car Loan Status in Kolkata by logging in to Shriram Finance website. Visit the 'Loan Status' page and enter your loan account number or application number. You can also speak to our customer care team or visit a branch. We ensure regular updates on your loan journey.
Used Car Loan in Major Cities in India
Used Car Loan FAQs
Can I get a Used Car Loan in Kolkata?
Yes, used car loans are available in Kolkata from Shriram Finance. You can choose flexible repayment plans with quick approval for purchasing pre-owned cars.
What are the eligibility criteria for a Used Car Loan in Kolkata?
You must be an Indian resident aged between 21* and 59* years when the loan ends. Income needed is based on car model, age, and tenure.
What is the interest rate on a Used Car Loan?
Interest rate starts at 10%* p.a., but the final rate may vary depending on your profile and car condition.
What documents are required for a Used Car Loan in Kolkata?
Documents include an application form, KYC papers, income proof, bank statements, and car registration certificate. More documents may be asked if required.
What is the processing fee for a Used Car Loan?
Processing fee can be up to 5%* of the loan amount. Please check the Shriram Finance website for complete fee details.
What is the down payment required for a Used Car Loan in Kolkata?
up to 85%* of the car's value is financed. You need to pay 15%* as a down payment.
Can I apply for a Used Car Loan online in Kolkata?
Yes, you can apply online on Shriram Finance website or Shriram One app anytime.
What is the maximum loan amount I can get for a used car in Kolkata?
Loan covers up to 85%* of car's worth, 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.