Looking to Apply Used Car loan?
Are you wondering about buying a car but thinking about funds? Then it is not a problem anymore. You are on the right direction to choose the Used car loan at best rate of interest with lowest deal available from all leading banks and Nbfc in all over India. No matter about your cities aur location we provide you Used car loan with smooth and hassle free process ,having full transfer support and less involvement of paperwork.We “Dealstohdekho.com” ( Officially registered as AD Finance) is a car loan service provider in Pan India, with a strong Banking experience of last 15+ year.We currently provide you quick disbursement whether you are looking to buy a new car aur you planning to buy Used car ,we help yo to choose a loan with lowest and faire deal.
Type Of Used Car Loan
- Used Car Refinance
- Used Car Sale Purchase Loan
- Used Car Top Up Loan
- Used Car Exsiting Loan Balance Transfer
Overview
What is Used Car loan?
A used car loan is a type of loan that is specifically designed to finance the purchase of a used car. With a used car loan, you can purchase a used car that you might not be able to afford upfront.The loan can be secured, meaning it is backed by the car you're buying, or unsecured, meaning it is not backed by any collateral. With a used car loan, you can borrow a certain amount of money from a lender, and then pay back the loan over a fixed period. This type of loan can be obtained from a variety of sources, including banks, credit unions, and other lending institutions. It works similarly to other types of auto loans, where the lender provides you with the funds needed to purchase the car, and you repay the loan over a period of time, usually with interest. The terms of a used car loan will depend on various factors, such as the value of the car, your credit score, and the lender's requirements. Some lenders may require a down payment or a trade-in, while others may offer financing for the entire purchase price of the car. It is important to carefully review the terms of the loan and compare offers from multiple lenders to find the best deal for your needs.
Loan amount
Used car loan can be availed up to 1 cr with flexible and easy repayment on wide range Used cars,customer can get higher loan amount as compare to current value of vehicle
Unmateched services
Get Complete end to end support and advisory from research to Hypothecation, and finalising a best deal
Flexible tenure and interest rate
Repay your loan with flexible emi from 12 to 84 month at lowest annually interest rate onwards 12%*
Smooth and Quick disbursement
Save your precious time by smooth and fast processing with less involvement of paperwork, get disbursment within 48 working hours in your account.
Get the Best Deal on Used Car with Us
Why Choose Us?
At “Dealstohdekho”, we strive to provide our customers with the best possible used car loan experience. With a wide selection of high-quality vehicles and a knowledgeable team of experts, we make sure that our customers find the right car to fit their needs and budget. Our focus on transparency, honesty, and fairness sets us apart from other used car loan service providers. From start to finish, we are here to guide and assist you in finding the perfect used car to meet your needs and budget. We provide the best customer service, fast and easy car financing process, competitive rates with no hidden fees and 24/7 help. We are best used car loan provider, our main mission is to get you a vehicle that meets your needs.We offer you the best used car financing options and terms, so that you don't have to worry about finding a lender by yourself. We believe that our customers deserve an exceptional experience, so we put all of our resources behind making sure you get what you need when you need it.
Find the Best Used Car loan that suits your needs
Type of Used Car loan?
A used car loan can increase your buying power by allowing you to purchase a more expensive vehicle than you could afford to pay for with cash.Some of the most common types of Used Car loan available today are as mentioned below
Re Purchase Used car loan
Finance Pre owned Car up to 1 CR,with less paperwork and hassle free process. Get funds up to 100% value of vehicle.
Refinance Used Car loan
Loan ReaoidNeed Funds emergency,get Refinance cash loan facility on your Car up to 140% of Insured value
Existing Loan Top up Used Car loan
Recharge your loan with Top up facility on existing ,maximum funding more than vehicle value
Car N Cash-BT Topup loan
Need Capital,Avail the balance transfer option on Car loan and get upto 250% funding on your Car.
Work Process
How to Apply Used Car loan?
Eligibility
Used Car Loan Eligibility Criteria
One needs to meet the eligibility standards set by the lenders to avail a Used Car Loan. Depending upon individual capacities and automobile valuations, eligibility criteria for used car finance are as follows:
- Should be Indian Resident
- Age :21 to 60 years
- Income: Minimum 20k required
- Should be Indian Resident
- Age :21 to 60 years
- Income: Minimum 250000 annual income required
Features
Used Car Loan Feature
Dedicated to making life easy and comfortable for you, Dealstohdekho has an ardent interest in your mission to lead a 'Fulfilled Life'. Our unfussy, capable, and professional Used Car Loans process makes us elite as we grasp and foresee your need for better financial liquidity.
Here are a host of reasons you must choose Dealstohdekho for online or offline Used Car Loans:
Affordable Finance
"Dealstohdekho"well-known Banks and NBFCs as partners in the quest to offer you affordable finance as a used car loan. Some of our partners even offer you 100% finance.
Low EMIs
Availing a used car loan means availing finance lesser than what's required for a new car loan, and this makes for low monthly EMIs.
Flexible Loan Tenure
Used Car Loan offers you longer loan tenure of maximum 5 years for repayment.
Smooth and Quick disbursement
Save your precious time by smooth and fast processing with less involvement of paperwork, get disbursment within 48 working hours in your account.
Benefits
Used Car Loan Benefits
One needs to meet the eligibility standards set by the lenders to avail a Used Car Loan. Depending upon individual capacities and automobile valuations, eligibility criteria for used car finance are as follows:
Get instant funding with used car loan in just few hours into your account,some leading Banks like Hdfc offers loan within 5mintues a service called “Jaldi 5” without submitting any major formalities
With Used car loan you can get maximum funding on your car insurance value from 85 to 250% depends on the option you are choosing, you can get maximum amount as compare to current value of car.
Used car loan does not required lots of paper work like other type of loan as Homeloan , business loan,Personal loan,you can get loan upto 35 lac without submitting any financial to the bank
Used car loan comes with the flexible tenure starting from 12 to 84 months, which reduce the burden on emi on your shoulder.
Rate of interest for used car loan starts onward 12 to 16% depend on the bank& Nbfc,for premium segement high ticket cars it starts onward 10.50% which is lower than any other loan today
Additional Documents
Docuement Required For Used Car Loan
Self-Employed, Non-Salaried and SMEs seeking funds as Used Car Loans will have to furnish additional documents listed below to start the loans process.
- KYC documents
- PAN Card
- 2 Photographs
- Last 2 years ITR as proof of income
- Bank account statement (latest 6 months)
- Signature Verification Proof
- Copy of RC & insurance of the car
- KYC documents
- PAN Card
- 2 Photographs
- Last 3 month salary slip as proof of income
- Bank account statement (latest 6 months)
- Signature Verification Proof
- Copy of RC & insurance of the car
- 2 Yrs Financials (Balance Sheet, Profit & loss Account and audit report) with ITR
- Last 6 Months Bank Statements
- KYC of the Authorized Partner
- Ownership Proof
- Copy of RC & insurance of the car
- Copy of PAN of Firm
- Partnership Deed
- Firm Address Proof
- 2 Photographs
- 2 Yrs Financials (Balance Sheet, Profit & loss Account and audit report) with ITR
- Last 6 Months Bank Statements
- KYC of Main/Authorizing Director
- Company Address Proof
- Copy of RC & insurance of the car
- Memorandum of article
- 2 Photographs
Our Lending Partner
We Are an Authorized Channel Partner Of All Leading Bank & Nbfc, Providing Financial Services In Pan India
We as AD Finance, corporate with all leading banks & Nbfc, and provide financial services in pan India. Customers can choose and compare lenders from an exhaustive list of 25+ Banks & Nbfc according to financial need.
EMI Calculator
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Apply For LoanFrequently Asked Questions
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What are the major benefit of used car loan?
With the use of Used car loan,you can plan to buy your dream car,and if you are having car and need some funds you can avail a loan agianst the value of car.
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What are the documents required for used car loan application?
Very simple and few paper required to apply a a used car loan you just need to submit your Photo id,your adddress prooof ,income proof along with Vehicle Rc and insurnace and loan statment if any running,on the bases of these documents you can get a good amount on your car.
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How much time take a used car loan?
Used car loan is speedy process post submitting your all required documents, your vehicle inspection would initiated and if founds all okay, you can get funds in 48 working hours.
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Can in foreclose my used car loan?
You can foreclose your loan when you have extra inflow of cash and don’t want to pay EMIs, thereby saving up on interest payable. foreclosure charges and fee will be applicable as agreed while sanctioning the loan by lender.
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Is a gurrrantor required in used car loan?
You no need to provide any guarantor aur co applicant in used car loan,but if you fail to fulfill required condition bank can take guarantor aur co applicant in used car loan.
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What is the max tenure for used car loan?
You can avail used car loan tenure onwards starting from 12 to 84 month,depends on lenders
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Can i get loan amount more than market value of my car?
Funding of loan amount depend on the applicant income stability and vehicle conditions,but today banks & Nbfc are funding upto 250% of insured value ,which is higher than current market value of vehicle.
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Can i take top up on used car loan?
You can take top up after clearnce of 12 Emi, bank will fund you top up as depend on your eligbilty
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Can i get used car loan on low cibil score less than 650?
Generally bank/Nbfd need 700+ cibil to fund a used car loan,but with the proper justificaiton, if bank/nbfc feel comfortable,loan can be sanctioned.
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Is Hypothecation is compulsory in used car loan?
On the bases on used car loan ,bank/Nbfc hypothecated the vehicle ,without hypothecation bank can not mortgage the vehicle ,so it is must in used car loan.
Don’t dream about it, Buy it!
Don’t settle for less when you can buy more
Experience the difference with a pre-owned car from us,we give you competitive financing options from economical cars to luxury cars, to meet the diverse needs of customers.
Get Assured Gift On Your Used Car loan With Us
