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Used Car Loan in Puducherry
Buying a second-hand car becomes easier with the right financial support. A Used Car Loan in Puducherry from Shriram Finance helps you secure funds without disrupting your budget. With structured repayment options, you can own a car while managing your expenses efficiently. Understanding the eligibility criteria, required documents, and loan process beforehand ensures a smooth application. This guide provides all the key details to help you take the next step with confidence.
Used Car Loan Types in Puducherry
Shriram Finance offers second-hand car loan options in Puducherry to assist customers with their vehicle financing needs. Select a loan option that aligns with your financial plan.
Loan Against Car (Car Refinancing)
Pre-Owned Car Loan
Features and Benefits of Used Car Loan in Puducherry
Flexible Repayment Tenures
Regular Reminders
Competitive Interest Rates
High Financing Percentage
Easy Online Application
Car Refinancing Options
Dedicated Customer Service
Customised Loan Solutions
Used Car Loan Interest Rates in Puducherry
The Used Car Loan in Puducherry from Shriram Finance offers attractive interest rates starting at 10%* p.a., making it easier for you to finance a pre-owned car. These competitive rates ensure that loan repayments fit within your budget, making car ownership hassle-free. Below is a detailed list of applicable charges and fees for 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 |
With our second-hand car loan EMI calculator, you can quickly check your expected EMIs and interest rate. This easy-to-use tool helps you plan your repayments in advance and choose the right loan for your financial needs.
How to Use the Used Car Loan EMI Calculator
The pre-owned car loan calculator makes it easy to plan your loan. Just input the loan amount and tenure, and it will quickly display your estimated EMI. This helps you understand your repayment commitment in advance. You can also compare various loan options to find the best one. It is a helpful way to stay financially prepared.
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 Puducherry
With car refinancing options in Puducherry, Shriram Finance helps you use your car's value to access additional funds. This allows you to meet urgent financial needs while continuing to drive your car. The facility comes with flexible repayment terms and attractive interest rates, ensuring easy loan management. This option is only available if your car is loan-free, making it a great financial solution.
Eligibility and Documentation Criteria for Used Car Loan in Puducherry
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:
- Vehicle Documents: Registration certificate and insurance details of the used car.
- Income Proof: Salary slips for salaried individuals, and income tax returns (ITR) for self-employed.
- Bank Statements: Recent bank statements may be required.
- KYC Documents: Proof of identity and address.
Step-by-Step Application Process for Used Car Loan in Puducherry
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 Puducherry
To make financial services more accessible, Shriram Finance has branches in Puducherry. They are located in recognised areas, ensuring that customers can visit without difficulty. Some important locations include:
Locate Us
Used Car Loan Customer Care in Puducherry
For any Pre-owned Car Loan questions in Puducherry, Shriram Finance provides special customer care services. You can speak to our support team over the phone or visit a branch for in-person assistance. Below are our used car loan customer care numbers:
Used Car Loan Status in Puducherry
To track your Used Car Loan Status in Puducherry, log in to the Shriram Finance website and navigate to the 'Loan Status' page. Enter your loan account or application number for instant updates. You can also contact our support team or visit a branch to stay informed.
Used Car Loan in Major Cities in India
Used Car Loan FAQs
Can I get a Used Car Loan in Puducherry?
Yes, Shriram Finance provides Used Car Loans in Puducherry with an easy application process and quick approval. Various repayment options are available.
What are the eligibility criteria for a Used Car Loan in Puducherry?
Applicants must be Indian citizens aged between 21* and 59* years at loan maturity. The required income depends on the vehicle's model, age, and loan duration.
What is the interest rate on a Used Car Loan?
The interest rate starts at 10%* p.a., but the exact rate may change based on financial history and car specifications.
What documents are required for a Used Car Loan in Puducherry?
Required documents include an application form, KYC papers, proof of income, bank statements, and the vehicle's registration certificate. More documents may be needed.
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 updated charges.
What is the down payment required for a Used Car Loan in Puducherry?
up to 85%* of the vehicle's price can be financed, with the remaining 15%* paid as a down payment.
Can I apply for a Used Car Loan online in Puducherry?
Yes, applications can be submitted online via Shriram Finance's website or Shriram One mobile app.
What is the maximum loan amount I can get for a used car in Puducherry?
The loan can cover up to 85%* of the vehicle's value, with a minimum loan 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.