Bringing home the car you've always wanted has never been simpler! We aim to make the experience quick, transparent and hassle-free. Attractive Car Loan Interest Rate, a wide range of cars to pick from and your choice of payment structure. Before applying, check car loan eligibility and how you can structure your loan repayment using a car loan EMI calculator.
Search through our vast range of used cars to find the one that's perfect for you at the best possible price.
Pick the car that suits you best! Filter down your preferences by budget, colour, make, model, usage and more.
A used car loan is a loan facility extended to people who are interested in buying used cars or pre-owned cars. Used cars offer value for money, slow rate of depreciation, lower insurance and registration charges, and lower loan amount to be borrowed. Given that there are numerous dealerships selling reliable and good condition pre-owned cars, you may opt for them.
The tenure depends on the maximum age of the car at the time of maturity of the loan which is 9 years. For instance, if the age of the car at the time of borrowing is 2 years, then the maximum tenure is 7 years in special cases and 5 years in normal cases.
You can decide the EMI you want to pay depending on your ability to pay and the tenure. The EMI will be lower if the tenure is higher. You can use our car loan EMI calculator to arrive at a comfortable EMI subject to terms and conditions operable at the time of borrowing.
We extend loans on the value of the used car under the loan to value ratio (LTV) principle. Here, the LTV is usually limited to a maximum of 90% but in special cases, it can go up to 100% in respect of select vehicle models and select category of salaried individuals employed in Super Cat A and Cat A company list. Before you decide to apply, check your car loan eligibility.
We seek copies of standard documents from you along with your application for a used car loan which includes