- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications4
Terms and Conditions
Used Car Loan in Moradabad
Finding the right financial support is key when purchasing a second-hand car. A Used Car Loan in Moradabad from Shriram Finance helps you move forward without a heavy upfront cost. With a simple process and structured repayments, you can focus on choosing the right vehicle. Before applying, it's important to understand eligibility, required documents, and other key details. This guide will walk you through the essentials to make your loan journey seamless.
Used Car Loan Types in Moradabad
Shriram Finance provides second-hand car loan options in Moradabad to meet different financial needs. Choose a loan that best suits your financial situation and requirements.
Loan Against Car (Car Refinancing)
Pre-Owned Car Loan
Features and Benefits of Used Car Loan in Moradabad
Competitive Interest Rates
Flexible Repayment Tenures
High Financing Percentage
Regular Reminders
Easy Online Application
Car Refinancing Options
Dedicated Customer Service
Customised Loan Solutions
Used Car Loan Interest Rates in Moradabad
Get a used car loan in Moradabad from Shriram Finance at interest rates starting from 10%* p.a. These rates are structured to keep your EMIs reasonable, making it easier to finance a second-hand car without financial pressure.Here is a breakdown of the key charges and fees:
| 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 |
With our second-hand car loan EMI calculator, you can instantly check your estimated EMIs and interest rate. This simple tool helps you plan your repayments better and choose a loan that suits your financial needs.
How to Use the Used Car Loan EMI Calculator
The pre-owned car loan calculator simplifies loan planning. Just enter the loan amount and tenure, and it will instantly display your estimated EMI. This allows you to check repayment details in advance, ensuring a well-informed decision. The tool also helps you compare different loan options, making it easier to choose the best one. It is a useful way to manage your finances efficiently.
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 Moradabad
Shriram Finance provides car refinancing options in Moradabad, enabling you to unlock funds using your car's value without selling it. This facility ensures you receive financial assistance while continuing to use your vehicle. With competitive interest rates and flexible repayment plans, managing your finances becomes simpler. However, this option is only available if your car is free from an active loan, making it a smart choice for those in need of urgent funds.
Eligibility and Documentation Criteria for Used Car Loan in Moradabad
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:- Residency: All Indian residents.
- Age: Minimum 21* years, with a maximum age of 59* years at loan maturity.
- 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:
- Income Proof: Salary slips for salaried individuals, income tax returns (ITR) for self-employed.
- Bank Statements: Recent bank statements may be required.
- KYC Documents: Proof of identity and address.
- Vehicle Documents: Registration certificate and insurance details of the used car.
Step-by-Step Application Process for Used Car Loan in Moradabad
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 Moradabad
To ensure easy access to our services, Shriram Finance has set up branches in Moradabad. These branches are located in well-known areas, making it convenient for customers to visit. Some important locations include:
Locate Us
Used Car Loan Customer Care in Moradabad
Shriram Finance offers dedicated customer care services in Moradabad to assist you with any Pre-owned Car Loan queries. You can call our support team or visit a nearby branch for personalised assistance. Below are our used car loan customer care numbers:
Used Car Loan Status in Moradabad
To check your Used Car Loan Status in Moradabad, visit Shriram Finance website and log in. Go to the 'Loan Status' section and enter your loan account or application number. You can also call customer care or visit a branch for updates. We ensure you stay informed about your loan progress.
Used Car Loan in Major Cities in India
Used Car Loan FAQs
Can I get a Used Car Loan in Moradabad?
Yes, Shriram Finance offers Used Car Loans in Moradabad with a simple process and quick approval. Flexible repayment plans are available.
What are the eligibility criteria for a Used Car Loan in Moradabad?
Applicants must be Indian citizens aged between 21* and 59* years at loan maturity. The required income varies based on the car's model, age, and repayment period.
What is the interest rate on a Used Car Loan?
The interest rate starts at 10%* p.a., but the exact rate may depend on the applicant's financial profile and vehicle details.
What documents are required for a Used Car Loan in Moradabad?
Key documents include an application form, KYC papers, proof of income, bank statements, and the vehicle's registration certificate. Additional documents may be requested.
What is the processing fee for a Used Car Loan?
The processing fee is up to 5%* of the loan amount. Visit Shriram Finance's website for the latest charges.
What is the down payment required for a Used Car Loan in Moradabad?
up to 85%* of the car's value can be financed, and the remaining 15%* must be paid as a down payment.
Can I apply for a Used Car Loan online in Moradabad?
Yes, applicants can apply online through Shriram Finance's website or Shriram One mobile app.
What is the maximum loan amount I can get for a used car in Moradabad?
The loan amount can be up to 85%* of the car's value, with a minimum loan starting at ₹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.