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Shriram Used Car Loans

Used Car Loans in Tirap

Tirap's growing economy and improved road networks have increased the demand for personal vehicles. Many residents prefer pre-owned cars for their affordability and reliability. Used car loans in Tirap provide financial flexibility, helping buyers own a vehicle without a heavy upfront cost. Shriram Finance offers tailored loan options with easy repayment plans, making it convenient to finance a used car. Whether you need a vehicle for work, family travel, or business, a loan ensures ownership without financial strain. With competitive interest rates and a hassle-free application process, securing a used car has never been simpler.

Used Car Loan Types in Tirap

Shriram Finance provides various used car loan types in Tirap catering to different financial needs. Choose the loan type that best suits your financial goals and current situation.

Pre-Owned Car Loan

Pre-Owned Car Loan

Specifically designed for purchasing second-hand vehicles, offering up to 85%* financing on the car's value.
Loan Against Car (Refinancing)

Loan Against Car (Refinancing)

If you own a fully paid-off vehicle, you can use its value as collateral to secure funds while continuing to use it. This is a great option for urgent financial needs.

Features and Benefits of Used Car Loans in Tirap

The features and benefits of a Used car loan in Tirap 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

Get up to 85%* financing on the assessed value of your chosen vehicle.
Competitive Interest Rates

Competitive Interest Rates

Avail attractive interest rates starting at 10%* p.a., making loans affordable.
Flexible Repayment Tenures

Flexible Repayment Tenures

Select repayment periods up to 48 months that align with your financial situation.
Regular Reminders

Regular Reminders

Receive timely alerts to help manage repayments efficiently.
Car Refinancing Options

Car Refinancing Options

Leverage your car's equity (if free from loans) to access funds without transferring balances.
Easy Online Application

Easy Online Application

Enjoy a seamless online application process for quick approvals.
Dedicated Customer Service

Dedicated Customer Service

Depend on our helpful support team for any assistance or clarification.
Customised Loan Solutions

Customised Loan Solutions

Benefit from personalised financing options tailored to meet individual needs.

Used Car Loan Interest Rates in Tirap

Planning to purchase a pre-owned vehicle? Shriram Finance offers used car loan interest rates in Tirap starting at just 10%* p.a., ensuring affordable financing solutions for buyers in Tirap. Below are details about applicable charges and fees for our used car loans:

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 before applying to estimate monthly payments and total interest costs. It enables better financial planning and selection of suitable loans.

How to Use the Used Car Loan EMI Calculator

Simply enter the desired loan amount and preferred tenure into the pre-owned car loan calculator. It will instantly display estimated EMIs. This tool helps you assess repayment obligations and explore different scenarios by adjusting inputs until you find an optimal plan.

STEP 01

Required Loan Amount

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

₹ 1,00,000

Interest Payable

₹ 8,103

Monthly EMI

₹ 6,006

Car Refinancing in Tirap

In Tirap, Shriram Finance offers car refinancing services. This allows you to access funds by using the value of your vehicle as collateral, all while retaining ownership. This service features competitive interest rates and adaptable repayment plans. It is a convenient option for immediate financial requirements, applicable to vehicles free of any existing loans.

Eligibility and Documentation Criteria for Used Car Loans in Tirap

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 Tirap

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 Tirap

Shriram Finance operates branches in Tirap for easy access. Use our branch locator tool online to find one near you for assistance with all used car loan services.

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 Tirap

If you have questions about pre-owned vehicle financing, reach out to our dedicated customer service team via phone or visit a nearby branch. Check the table below for our customer support numbers:

Used Car Loan Status in Tirap

To check your used car loan status in Tirap, log into your Shriram Finance account on our website, go to 'Loan Status,' and enter either your application or loan account number. You can also contact customer care or visit a branch for updates. Expect consistent updates from us at each stage of your loan journey.

Used Car Loan FAQs

Can I get a used car loan in Tirap?

Yes, used car loans are available in Tirap, offering flexible financing options for pre-owned vehicles.

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

To qualify for a used car loan from Shriram Finance, you must be an Indian resident aged be 21* to 59* years at loan maturity. Other factors like the car's model, age, and repayment tenure also determine eligibility.

What is the interest rate on a used car loan?

Used car loans come with interest rates starting at 10%* p.a., though the exact rate may vary depending on your individual circumstances.

What documents are required for a used car loan in Tirap?

Required documents typically include a completed application form, KYC documents, proof of income, bank statements, and the car's registration certificate. 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 with Shriram Finance is up to 5%* of the loan amount.

What is the down payment required for a used car loan in Tirap?

Shriram Finance can finance up to 85%* of the car's value, requiring you to cover the remaining 15%* as a down payment.

Can I apply for a used car loan online in Tirap?

Yes, you can apply online for a used car loan in Tirap through the Shriram Finance website or the Shriram One mobile app using a simple process.

What is the maximum loan amount I can get for a used car in Tirap?

You can borrow up to 85%* of the vehicle's value, with a minimum loan amount starting from ₹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.