Offers
Rates
V-KYC
Debit Card Related
Credit Card Related
SA Welcome Kit 
Manage Mandate(s)
Get Mini Statement
categories
Bloggers
Blog collection
Press Release
How To Get Used Car Loans?
Posted on Monday, July 19th, 2021 | By IndusInd Bank
Do you want to purchase a used car? A pre-owned car loanprocess is much easier, and there’s no need for you to save up money for yourfavorite vehicle, be it hatchbacks, SUVs, or premium sedans. A used car loanonline not only offers security and safety but also gives your family thecomfort they deserve.
With easy used car finance from IndusInd Bank, you can get a pre-owned car without having to bear the entire cost and a fixed rate of interest. With flexible EMI repayment options, 90% loan on your car value, quick disbursal of loans, low rate of interest, IndusInd Bank pre-owned car loan process provides you a smart value-for-money purchase.
IndusInd Bank’s pre-owned car loan online helps you get a car loan with monthly installments at your ease. Looking to apply for a used car Loan? Click here to get started!
Documents required to opt for the pre-owned car loan are:
- Identity proof
- Proof of Residence
- Proof of Income / No Income Proof – Last 3 months’ salary slip, Form 17,Bank statements of the last six months, Latest Income tax returns, etc.
- Asset proof – RC copy with original verifiedseal, insurance policy copy, valuation report & vehicle inspection report
Eligibility for availing of used car loans:
- The age of the applicant for a used car loan online should be minimum 23 years.
- An individual should have a regular source of income.
- Minimum of 1-year current employment experience is needed.
You can check your eligibility for IndusInd Bank here.
Features & benefits of the pre-owned car loan process:
- Simple and Easy Application Process
- Flexible Tenure with easy repaymentoptions
- Pocket friendly EMI options
How to get ausedcar loan online?
Step 1 – Choose your favorite car.
Step 2 – Check your eligibility.
Step 3 – Apply for the pre-owned car loan process.
Step 4 – Finalize the loan.
Step 5 – Submit documents to process your application.
Step 6 – Get your dream car and enjoy it!
If you are in need of a used car loan, IndusInd Bank has some lucrative options for you. The vehicle loans come with attractive interest rates and flexible repayable tenures. Enquire now at IndusInd Bank to know more about the vehicle loans.
Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.
