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Shriram Used Car Loans

Used Car Loans in Tirunelveli

Want a car without the new car price tag? Shriram Finance offers Used Car Loans in Tirunelveli with flexible terms, competitive interest rates starting at 10%* p.a., and financing up to 85%* of the car's value. Our simple online application gets you approved quickly and easily. This guide is your roadmap to financing a reliable pre-owned car.

Used Car Loan Types in Tirunelveli

Shriram Finance provides the following Used Car Loan solutions:

Pre-Owned Car Loan

Pre-Owned Car Loan

Finance up to 85%* of your used car, turning your transportation dreams into reality.
Unlock the Value of Your Car (Refinancing)

Unlock the Value of Your Car (Refinancing)

Need fast cash? Borrow against your car's value (if it's fully paid) and get the funds you need.

Features and Benefits of Used Car Loans in Tirunelveli

The features and benefits of a Used car loan in Tirunelveli offered by Shriram Finance are designed to make it easier for customers to buy a used car without financial stress.
Stay on Schedule:

Stay on Schedule:

Helpful payment reminders help you stay organised and avoid fees.
Attractive Interest:

Attractive Interest:

Starting at just 10%* p.a., making car ownership more affordable.
Tailored Repayment Plans:

Tailored Repayment Plans:

Choose a repayment plan that works for you, up to 48 months.
High Loan Amount:

High Loan Amount:

Finance up to 85%* of the vehicle's price, reducing your initial outlay.
Dedicated Support:

Dedicated Support:

Our friendly team will guide you through the entire process.
Customised Lending:

Customised Lending:

We offer personalised loan solutions to fit your individual needs.
Easy Online Process:

Easy Online Process:

Apply from anywhere, with our fast and convenient online application.
Refinance Options:

Refinance Options:

Access your car's equity through our refinancing options (available for cars without existing loans).

Used Car Loan Interest Rates in Tirunelveli

With Shriram Finance, Used Car Loan Interest Rates in Tirunelveli start at a competitive 10%* p.a.. We're committed to providing affordable financing solutions.

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 the total cost of the loan.

How to Use the Used Car Loan EMI Calculator

Our pre-owned car loan calculator is user-friendly. Simply enter your desired loan amount and repayment period to see your estimated monthly EMI. Experiment with different scenarios to find the best fit.

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 Tirunelveli

Shriram Finance offers beneficial car refinancing options in Tirunelveli, allowing you to tap into the value of your current car to get immediate funds without having to sell it. This service is an excellent method to use your car's worth for various financial requirements that may come up. Our refinancing solutions feature competitive interest rates and adaptable repayment plans, ensuring you can comfortably manage your finances while continuing to use your vehicle. This option is available when there are no existing loans on the car, making it a practical and useful financial solution.

Eligibility and Documentation Criteria for Used Car Loans in Tirunelveli

To assess your used car loan eligibility online, you'll need to meet these essential criteria. 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 Tirunelveli

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 Tirunelveli

Shriram Finance offers branch services in Tirunelveli, all committed to offering superior customer service. Key locations include:

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 Tirunelveli

In Tirunelveli, Shriram Finance delivers exceptional customer care for all enquiries relating to pre-owned car Loans. Reach out by phone or visit us in person for tailored assistance. Our customer care professionals are always available to provide support and clarity on any issues.

Used Car Loan Status in Tirunelveli

Check your Used Car Loan Status conveniently online. Log into your Shriram Finance account on our website, navigate to 'Loan Status', and enter your application or loan account number. Alternatively, contact our customer care or visit a branch for assistance.

Used Car Loan FAQs

Can I get a Used Car Loan in Tirunelveli?

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

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

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 Tirunelveli?

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 Tirunelveli?

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 Tirunelveli?

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 Tirunelveli?

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.