Used Car Loan

Find Loan Products We Offers. Used Car Loan

About Used Car Loan

A used car loan is a great way to drive your dream car without making the complete payment upfront. You don’t need to wait for some more months or years to buy your dream car as you can take a car loan to meet your fund requirement.

Compare Your Used Car Loan

Our Associated Banks - Used Car Loan

HDFC Bank

HDFC Bank

13.00%

Interest Rate Range

2.00% Min Rs. 5,000

Processing Fee

Upto 80% of market value

Loan Amount **

Upto 5 years

Tenure

Andhra Bank

Andhra

11.85%

Interest Rate Range

Processing Fee

Upto 60% of market value

Loan Amount **

Upto 5 years

Tenure

PNB

PNB

11.20%

Interest Rate Range

1.00% Max Rs. 6,000

Processing Fee

Upto 70% of market value

Loan Amount **

Upto 5 years

Tenure

Bank of India

Bank Of India

8.90%

Interest Rate Range

1.00% Min Rs. 500 Max Rs. 10,000

Processing Fee

Upto 70% of market value

Loan Amount **

Upto 3 years

Tenure

Indian Bank

Indian Bank

12.25%

Interest Rate Range

0.22% Max Rs. 10,000

Processing Fee

Upto 60% of market value

Loan Amount **

Upto 5 years

Tenure

United Bank of India

United Bank Of India

12.60%

Interest Rate Range

0.51%

Processing Fee

Upto 85% of on-road price

Loan Amount **

Upto 7 years

Tenure

Union Bank

Union Bank

11.85%

Interest Rate Range

Processing Fee

Upto 50% of market value

Loan Amount **

Upto 5 years

Tenure

Bank Maharashtra

Bank Of Maharashtra

9.40%

Interest Rate Range

0.25% Min Rs. 500

Processing Fee

Upto 50% of market value

Loan Amount **

Upto 5 years

Tenure

Bank of Baroda

Bank Of Baroda

10.45%

Interest Rate Range

0.75% Max Rs. 10,000

Processing Fee

Upto 80%

Loan Amount **

Upto 3 years

Tenure

ICICI Bank

ICICI Bank

15.50%

Interest Rate Range

2.00% Min Rs. 2,500 Max Rs. 6,000

Processing Fee

Upto 80% of market value

Loan Amount **

Upto 5 years

Tenure

Kotak Mahindra Bank

Kotak Mahindra Bank

17.00%

Interest Rate Range

Processing Fee

Upto 90% of market value

Loan Amount **

Upto 5 years

Tenure

Central Bank

Central Bank Of India

9.95%

Interest Rate Range

0.50% Min Rs. 2,000 Max Rs. 20,000

Processing Fee

Upto 75% of market value

Loan Amount **

Upto 5 years

Tenure

Federal Bank

Federal Bank

11.15%

Interest Rate Range

Processing Fee

Upto 75% of depreciated value

Loan Amount **

Upto 5 years

Tenure

OBC

OBC

10.90%

Interest Rate Range

0.50% Min Rs. 500

Processing Fee

Upto 70% of market value

Loan Amount **

Upto 3 years

Tenure

Capital First

Capital First

12.5% – 14.5%

Interest Rate Range

2%One time fee

Processing Fee

Loan Amount **

Upto 7 years

Tenure

TVS CREDIT SERVICES

TVS Credit Services

13.1% – 15%Floating

Interest Rate Range

999 + applicable tax

Processing Fee

Loan Amount **

5 Years

Tenure

DENA BANK

Dena Bank

11.50%

Interest Rate Range

575   One time fee

Processing Fee

Loan Amount **

Upto 3 years

Tenure

SUNDARAM FINANCE

Sundaram Finance

12% – 14%

Interest Rate Range

2,500 One time fee

Processing Fee 

Loan Amount **

3 years

Tenure

About Used Car Loan

A used car loan is a great way to drive your dream car without making the complete payment upfront. You don’t need to wait for some more months or years to buy your dream car as you can take a car loan to meet your fund requirement.

Get financing for whatever you need now

Achieve all your goals and aspirations, with the right kind of help, exactly when you need it.

Used Car Loan

Borrow-Loan Company offers used car loan at fair interest rates and adjustable repayment terms.Fast sanction, personalised service and absolute transparency in used car loans.

Loan Against Car

With no income documents required, getting a loan couldn’t get any easier. Borrow-Loan Company offers you car loan at basic interest rates and flexible EMI for repayment.

Other Loan

Borrow-Loan Company also grant different loans like Home loan, Personal loan and Educate loan at fair rate of interest and flexible EMI. For more detail you can check our loan products.

Features of Car Loan

All loans are not created equal, Used Car loan has become a great option for people to use.

Cash Loan Facility

Special Preapproved Loan

No Varifactions

150% Funding on Loan

Used Car Loan - Eligibility

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a Used Car loan.

Age

Maximum age of applicant at loan maturity: 60 years

Income

Minimum Net Monthly Income: Rs 15,000

Credit Rating

Applicant should have the bank specified credit score.

We Value what our customers say

While we endeavour to deliver a rich and satisfying brand experience to all our customers, we believe in listening to what they say, so as to better our products and service. Read what a few of our customers say about Brand loanmrt.com

Testimonials

"Buying your car is a dream come true and loanmrt.com 's used car loan offering helps a lot. Strongly recommend their second hand car loans for buying your car."
Divakar Seth
Delhi
"Applied for used car loan. Nice and easy process application process. I recommend loanmrt.com."
Ram Charan Yadav
Delhi
"There aren't many used car loan providers but i think the one which loanmrt.com is providing is the best. I'm advicing anyone to who wants to buy used cars and wants a loan for it, opt for loanmrt.com's second hand car loan"
Angad Singh
Haryana
"loanmrt.com's used car loan emi calculator is very helpful and engaging. Will strongly recommend going for these used car loans when in urgent need of money as they get disbursed quite fast."
Rahul Singh Gautam
Noida
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