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Shriram Used Car Loans

Used Car Loans in Rohtak

Rohtak, with its expanding urban landscape and growing connectivity, has seen an increasing need for personal vehicles. Buying a second-hand car is a smart financial decision, allowing you to own a car at a lower cost. Used car loans in Rohtak provide the financial support needed to make car ownership easy and stress-free. Shriram Finance offers customised loan options with competitive interest rates and flexible repayment plans. Whether you are purchasing your first car or upgrading, our hassle-free financing ensures a smooth experience. Apply today to find the best loan option for you.

Used Car Loan Types in Rohtak

Here are the various used car loan types in Rohtak to cater to different customer needs. Select the loan type that most appropriately aligns with your requirements and financial position.

Pre-owned car loan

Pre-owned car loan

For acquiring pre-owned vehicles, offering financing up to 85%* of the car's value.
Loan against car (Car refinancing)

Loan against car (Car refinancing)

This option enables you to utilise your car's value to obtain funds, provided the vehicle has no existing loans. It presents an ideal solution for addressing immediate financial requirements without disposing of your vehicle.

Features and Benefits of Used Car Loans in Rohtak

The features and benefits of a Used car loan in Rohtak offered by Shriram Finance are designed to make it easier for customers to buy a used car without financial stress.
High financing percentage:

High financing percentage:

up to 85%* of the vehicle's value can be financed.
Competitive interest rates:

Competitive interest rates:

Beginning at 10%* p.a., making vehicle financing more accessible.
Flexible repayment tenures:

Flexible repayment tenures:

Loans may be repaid over a duration of up to 48 months.
Regular reminders:

Regular reminders:

Timely notifications to assist in managing loan payments efficiently.
Car refinancing options:

Car refinancing options:

Whilst not a balance transfer, our refinancing enables you to leverage your car's value for additional funds without an existing loan.
Customised loan solutions:

Customised loan solutions:

We provide tailored loan options to address your specific financial requirements and preferences.
Easy online application:

Easy online application:

The application process is straightforward and efficient, allowing you to apply online with minimal steps.
Dedicated customer service:

Dedicated customer service:

Our customer service team remains consistently available to provide assistance with any enquiries or concerns.

Used Car Loan Interest Rates in Rohtak

Our used car loan interest rates in Rohtak commence at 10%* p.a., offering competitive and affordable financing solutions. These rates are structured to help you manage your loan repayments comfortably. Below is a summary of the principal charges and fees associated with our used car loan:

Type of Fees Applicable Charges
Interest RateStarting from 10%* p.a.
Processing Feesup to 5%*
Foreclosure Chargesup to 4%*
Loan Tenureup to 48 months

Use our second-hand car loan EMI calculator to obtain an estimate of your potential interest rate and EMIs. This tool assists you in planning your finances more effectively before submitting a loan application.

How to Use the Used Car Loan EMI Calculator

To utilise the pre-owned car loan calculator, simply select your desired loan amount and tenure. The calculator will instantly display your monthly EMI, helping you plan your finances effectively. This user-friendly tool assists you in understanding how different loan amounts and tenures affect your monthly payments

STEP 01

Required Loan Amount

â‚ı

STEP 02

Interest Rate

%

Min 10%

Max 42%

STEP 03

Loan Tenure
months

Min 18 months

Max 48 months

Loan Summary

loangraph

Loan

Loan Amount

â‚ı 1,00,000

Interest Payable

â‚ı 8,103

Monthly EMI

â‚ı 6,006

Car Refinancing in Rohtak

Shriram Finance offers car refinancing options in Rohtak, allowing you to leverage your vehicle's value for immediate funds without selling it. This service helps you utilise your car's equity to access immediate capital, which can be beneficial for various financial needs. Our refinancing solutions provide competitive interest rates and flexible repayment options. This enables you to efficiently manage your finances while retaining your vehicle. This option is available if there are no existing loans on the vehicle.

Eligibility and Documentation Criteria for Used Car Loans in Rohtak

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.

  • Individual IconEligibility 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.
  • Individual IconRequired 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 Loans in Rohtak

To apply for a used car loan, follow the steps below:

How To Apply
  • 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 Rohtak

Shriram Finance maintains a presence in Rohtak to serve you better. To locate the nearest branch, you can use our branch locator.

Locate Us

or

  • ANDAMAN AND NICOBAR ISLANDS
  • ANDHRA PRADESH
  • ASSAM
  • BIHAR
  • CHANDIGARH
  • CHHATTISGARH
  • DADRA AND NAGAR HAVELI
  • DELHI
  • GOA
  • GUJARAT
  • HARYANA
  • HIMACHAL PRADESH
  • JAMMU AND KASHMIR
  • JHARKHAND
  • KARNATAKA
  • KERALA
  • Karnataka
  • MADHYA PRADESH
  • MAHARASHTRA
  • MANIPUR
  • MEGHALAYA
  • Madhya Pradesh
  • Maharashtra
  • ODISHA
  • PUDUCHERRY
  • PUNJAB
  • RAJASTHAN
  • SIKKIM
  • TAMIL NADU
  • TELANGANA
  • TRIPURA
  • Tamil Nadu
  • Telangana
  • UTTAR PRADESH
  • UTTARAKHAND
  • WEST BENGAL

Used Car Loan Customer Care in Rohtak

Shriram Finance offers dedicated customer care services in Rohtak for pre-owned car loan enquiries. You can contact us via telephone or visit any branch for personalised support. Below are our customer care numbers:

Used Car Loan Status in Rohtak

To check your used car loan status in Rohtak, simply log in to your account on the Shriram Finance website, navigate to the 'Loan Status' section and enter your application number or loan account number. You may also contact our customer care number or visit a branch to enquire about your loan status. We endeavour to keep you informed throughout the loan process.

Used Car Loan FAQs

Can I get a used car loan in Rohtak?

Yes, you can obtain a used car loan in Rohtak from us. We offer adaptable and convenient financing options for pre-owned vehicles.

What are the eligibility criteria for a used car loan in Rohtak?

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 Rohtak?

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 Rohtak?

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 Rohtak?

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 Rohtak?

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 â‚ı1 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.