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Shriram Used Car Loans

Used Car Loans in Tirupati

Tirupati residents, it's time to upgrade your commute! Shriram Finance offers Used Car Loans in Tirupati that put pre-owned vehicles within reach. Enjoy interest rates from just 10%* p.a. and finance up to 85%* of your dream car's value. Our hassle-free online application process ensures you're not stuck in neutral, with quick approvals to get you moving. Why wait for someday when you can drive your own car today?

Used Car Loan Types in Tirupati

Shriram Finance has various Used Car Loan types in Tirupati, addressing different customer needs. Look at each loan type carefully to determine which option best matches your financial circumstances and requirements.

Pre-Owned Car Loan

Pre-Owned Car Loan

Designed specifically for those purchasing second-hand vehicles, with financing up to 85%* of the car's assessed value.
Car Refinancing (Loan Against Car)

Car Refinancing (Loan Against Car)

For car owners without any existing loans, this option enables you to use your car's value to get funds for your immediate needs without selling the vehicle.

Features and Benefits of Used Car Loans in Tirupati

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

Competitive Interest Rates

With rates from 10%* p.a., our financing is designed to be affordable, helping you save money throughout the loan period.
High Financing Percentage

High Financing Percentage

Get up to 85%* of the vehicle's value financed, reducing your upfront costs and making car ownership more accessible.
Flexible Repayment Terms

Flexible Repayment Terms

Choose from repayment schedules extending up to 48 months, selecting a timeline that fits comfortably with your budget.
Timely Payment Reminders

Timely Payment Reminders

Receive regular notices to help you stay organised with your payments, avoiding any unnecessary late fees.
Easy Online Application

Easy Online Application

Our application process is streamlined and can be completed online in just a few steps, saving you time and effort.
Customised Loan Solutions

Customised Loan Solutions

We provide personalised loan options tailored to your specific financial needs, ensuring the best match for your particular circumstances.
Car Refinancing Options

Car Refinancing Options

Access additional funds using your existing car's value, as long as there are no current loans secured against it.
Dedicated Customer Service

Dedicated Customer Service

Our friendly service team is always available to help with any questions or concerns you may have.

Used Car Loan Interest Rates in Tirupati

Shriram Used Car Loan Interest Rates in Tirupati begin at a modest 10%* p.a., making our financing solutions both attractive and budget conscious. Our interest rates are carefully organised to support achievable repayment plans, ensuring that owning a pre-owned car remains financially sensible.

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

Utilise our second-hand car loan EMI calculator to work out your likely interest obligations and monthly payments. This useful tool can help you plan your finances before deciding on a loan.

How to Use the Used Car Loan EMI Calculator

To properly use the pre-owned car loan EMI calculator, simply enter your preferred loan amount and pick your desired repayment duration. The calculator will quickly display your estimated monthly EMI, helping you refine your financial planning. This straightforward tool clearly shows how different loan amounts and repayment periods can influence your monthly payments, allowing you to choose the option that best matches your budget.

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 Tirupati

Shriram Finance provides helpful car refinancing options in Tirupati, enabling you to access the value of your existing car to get immediate funds without selling it. This service is a practical way to use your car's equity for various financial needs that might arise. Our refinancing choices include competitive interest rates and flexible repayment terms, ensuring that you can easily manage your finances while still using your vehicle. This option is available if there are no current loans on the car, making it a sensible and convenient financial solution.

Eligibility and Documentation Criteria for Used Car Loans in Tirupati

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 Tirupati

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 Tirupati

Please try our efficient branch locator tool on the Shriram Finance website to discover your nearest branch in Tirupati or the surrounding district.

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 Tirupati

Shriram Finance aims to deliver outstanding customer care services in Tirupati, making sure you get knowledgeable guidance with all your Pre-owned Car Loan queries. You can easily contact us by phone or visit any of our local branches for personal assistance and reliable support.

Used Car Loan Status in Tirupati

To check your Used Car Loan Status in Tirupati, simply access your account securely on the Shriram Finance website and move to the designated 'Loan Status' area. Once there, enter your application number or your loan account number to view the most current details. You may also get in touch with our informed customer care team directly or visit one of our handily located branches to ask about the status of your loan. We are committed to keeping you thoroughly updated throughout every stage of the loan process.

Used Car Loan FAQs

Can I get a Used Car Loan in Tirupati?

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

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

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 Tirupati?

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 Tirupati?

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 Tirupati?

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 Tirupati?

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.