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Shriram Used Car Loans

Used Car Loans in Tiruchirappalli

Dreaming of owning a car in Tiruchirappalli? Shriram Finance can help with Used Car Loans in Tiruchirappalli! We offer flexible financing options, competitive interest rates starting at 10%* p.a., and can finance up to 85%* of the vehicle's value. Our easy online application process makes getting approved simple and stress-free. Read this guide to learn everything you need to know about financing your pre-owned car.

Used Car Loan Types in Tiruchirappalli

Shriram Finance provides the following Used Car Loan options:

Pre-Owned Car Loan

Pre-Owned Car Loan

Secure up to 85%* financing for your used car, making it easier than ever to own your dream vehicle.
Unlock Your Car's Potential (Refinancing)

Unlock Your Car's Potential (Refinancing)

Need quick funds? If your car is fully paid, borrow against its value for convenient access to cash.

Features and Benefits of Used Car Loans in Tiruchirappalli

The features and benefits of a Used car loan in Tiruchirappalli offered by Shriram Finance are designed to make it easier for customers to buy a used car without financial stress.
Affordable Interest Rates

Affordable Interest Rates

Starting at just 10%* p.a., making financing more budget friendly.
Timely Reminders

Timely Reminders

Helpful payment reminders ensure you stay on track.
Flexible Repayment Plans

Flexible Repayment Plans

Choose a repayment schedule that fits your financial situation, up to 48 months.
High Loan-to-Value

High Loan-to-Value

We finance up to 85%* of the vehicle's value, minimising your upfront costs.
Expert Guidance

Expert Guidance

Our knowledgeable team is ready to assist you at every step.
Customised Loan Options

Customised Loan Options

We tailor our loan solutions to meet your specific needs.
Simple Online Application

Simple Online Application

Apply quickly and easily from the comfort of your home.
Convenient Refinancing

Convenient Refinancing

Unlock the value of your existing car through our refinancing options (available on loan-free vehicles).

Used Car Loan Interest Rates in Tiruchirappalli

Shriram Finance offers competitive Used Car Loan Interest Rates in Tiruchirappalli, starting at 10%* p.a.. We believe in transparent pricing and strive to make car ownership affordable.

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 estimate your monthly payments and understand the total cost of your loan.

How to Use the Used Car Loan EMI Calculator

Use our second-hand car loan EMI calculator to estimate your monthly payments and understand the total cost of your loan.

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 Tiruchirappalli

Shriram Finance provides useful car refinancing options in Tiruchirappalli, enabling you to tap into the value of your existing car to get immediate funds without selling it. This service is a great way to use your car's equity to meet various financial requirements that might arise. Our refinancing options include competitive interest rates and flexible repayment schedules, ensuring that you can manage your finances easily while still using your vehicle. This choice is available if there are no current loans on the car, making it a sensible and useful financial solution.

Eligibility and Documentation Criteria for Used Car Loans in Tiruchirappalli

To check your used car loan eligibility online, make sure you meet the following requirements. These documents may vary based on the applicant's profile and the loan amount.

  • Individual IconEligibility Criteria:
    • Age: Applicant must be between 21*-59* years at loan maturity.
    • Residency: All Indian residents.
    • Income: These will vary depending on the specifics of the vehicle, its age, and the chosen repayment timeline.
  • Individual IconRequired Documents:
      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 Tiruchirappalli

Applying for a Used Car Loan is simple; follow these steps:

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 Tiruchirappalli

Shriram Finance has branches in Tiruchirappalli to assist you. Find your nearest branch below:

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 Tiruchirappalli

Shriram Finance offers dedicated customer care services for all pre-owned car Loan inquiries in Tiruchirappalli. Contact us by phone or visit a branch for personalised service.

Used Car Loan Status in Tiruchirappalli

Track your Used Car Loan Status conveniently online. Log in to your Shriram Finance account on our website, go to 'Loan Status', and enter your application or loan account number. You can also call our customer care team or visit a branch.

Used Car Loan FAQs

Can I get a Used Car Loan in Tiruchirappalli?

Yes, you can get a Used Car Loan in Tiruchirappalli from us. We offer adaptable and convenient financing options for pre-owned vehicles.

What are the eligibility criteria for a Used Car Loan in Tiruchirappalli?

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 Tiruchirappalli?

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 Tiruchirappalli?

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 Tiruchirappalli?

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 Tiruchirappalli?

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 ₹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.