- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications4
Terms and Conditions
Used Car Loans in Rewa
Many residents in Rewa journey to adjacent communities for shopping and services. Second-hand automobiles allow families to navigate their daily routes comfortably. Used car loans in Rewa help fulfil local mobility needs. Shriram Finance extends used car loans in Rewa starting at 10%* p.a. interest. With our accommodating up to 48 months repayment schedules, acquiring a vehicle becomes financially viable for numerous families.
Used Car Loan Types in Rewa
Used car loan in Rewa through Shriram Finance delivers specially formulated financial solutions to address the varying monetary requirements of local community members. Identify the loan variant that best corresponds to your particular needs and economic situation.
Pre-Owned Car Loan
Loan Against Car (Car Refinancing)
Features and Benefits of Used Car Loans in Rewa
Competitive Interest Rates
Flexible Repayment Tenures
High Financing Percentage
Regular Reminders
Easy Online Application
Car Refinancing Options
Customised Loan Solutions
Dedicated Customer Service
Used Car Loan Interest Rates in Rewa
Shriram Used Car Loan Interest Rates in Rewa start at 10%* p.a., delivering value-oriented and competitive financing arrangements. Our interest rates are crafted to allow affordable loan payments, ensuring that obtaining a pre-owned automobile remains compatible with your financial parameters.
| 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 |
Improve your financial strategy by accessing our second-hand car loan EMI calculator to assess your expected interest rate and monthly commitments prior to completing your loan application.
How to Use the Used Car Loan EMI Calculator
Employ the accessible pre-owned car loan calculator to outline your second-hand vehicle financing strategy. Insert your preferred loan amount and select a suitable repayment timeframe to obtain an instant assessment of your monthly EMI obligation. This valuable tool was developed to facilitate your loan planning experience. It clearly displays how adjustments to loan quantities and tenure options influence your monthly instalments, enabling you to determine the most suitable financing structure that harmonises with your economic resources.
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 Rewa
Shriram Finance presents Rewa residents with exclusive car refinancing arrangements that enable you to monetise your vehicle's value without giving up ownership rights. Convert your automobile's equity into instant liquidity for handling various economic challenges. With favourable lending terms and adaptable repayment structures, Shriram Finance guarantees financial convenience while you retain full possession of your car. This tailored refinancing opportunity is specifically designed for loan-free vehicles, providing a strategic financial option when additional funds are required for personal or entrepreneurial ventures.
Eligibility and Documentation Criteria for Used Car Loans in Rewa
To check used car loan eligibility online for Rewa applicants, candidates must fulfill these criteria. Documentation needs might differ based on personal circumstances and financing requirements.
Eligibility Criteria:- Income: Qualification requirements vary depending on the car's make, age, and selected repayment tenure.
- Residency: Open to all residents of India.
- Age: At least 21* years old, not exceeding 59* years at the conclusion of the loan term.
Required Documents:- When you check used car loan eligibility online, specific documentation is essential. The important papers include:
- Income Proof: Employment verification for salaried applicants; tax filings for self-employed individuals.
- Bank Statements: Recent financial records may be requested.
- KYC Documents: Authorised identity and address confirmation.
- Vehicle Documents: Full registration certificate and valid insurance documentation for the pre-owned automobile.
Step-by-Step Application Process for Used Car Loans in Rewa
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 Rewa
Shriram Finance delivers comprehensive support for used car loan services. Speak with our financial advisors or stop by one of our accessible Rewa branch locations for personalised used car loan guidance.
Locate Us
Used Car Loan Customer Care in Rewa
For Pre-owned Car Loan guidance in Rewa, Shriram Finance maintains dedicated customer support channels. You can obtain customised assistance by connecting with our team or by visiting one of our conveniently located branches in your area. Our used car loan customer service numbers are presented below:
Used Car Loan Status in Rewa
To check your Used Car Loan Status in Rewa, access your user profile on the Shriram Finance website, head to the 'Loan Status' segment and input your application number or loan account number. You can also dial our customer assistance helpline or visit the nearest Shriram Finance branch in Rewa to learn about your application's current stage. We are focused on ensuring you stay well-informed during the entire loan approval process.
Used Car Loan in Major Cities in India
Used Car Loan FAQs
Can I get a Used Car Loan in Rewa?
Yes, Shriram Finance provides Used Car Loans in Rewa. The institution presents adaptable and user-friendly financing arrangements for second-hand vehicles.
What are the eligibility criteria for a Used Car Loan in Rewa?
To qualify for a Used Car Loan in Rewa, you should be an Indian national, have attained 21* years of age, and not be older than 59* years at loan termination. Income specifications will adjust according to the car type, its age, and your selected repayment structure.
What is the interest rate on a Used Car Loan?
Interest rates for Used Car Loans from Shriram Finance initiate at 10%* p.a.. Your individual rate will be decided by multiple factors of your financial situation.
What documents are required for a Used Car Loan in Rewa?
Essential paperwork comprises a thoroughly filled application form, the vehicle's registration papers, KYC materials, confirmation of your income, and recent banking information. Document needs may change depending on your personal conditions and the loan quantity you're requesting.
What is the processing fee for a Used Car Loan?
Shriram Finance levies a processing fee of up to 5%* of the primary loan amount for Used Car Loans.
What is the down payment required for a Used Car Loan in Rewa?
Shriram Finance delivers funding for up to 85%* of the vehicle's evaluated worth, requiring you to make a down payment of the remaining 15%*.
Can I apply for a Used Car Loan online in Rewa?
Yes, you can smoothly apply for a Used Car Loan online through Shriram Finance's main website or by utilising the Shriram One mobile application with minimal complexity.
What is the maximum loan amount I can get for a used car in Rewa?
The maximum funding accessible for a Used Car Loan extends up to 85%* of the vehicle's appraised worth, with minimum loan sums starting at 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.