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Why we are the best platform to apply for Used Car Loan?

Why are waiting for Auto Rickshaw or Taxi daily? Why are late reach daily office? Are you looking for used car finance in your budget? An upgrade from a 2-wheeler to a car or from a small car to a luxurious car would just be the right decision. At LoansMumbai.com we offer you best rate of interest on used car loans.

Select Right loan provider for Used Car is too much important. At LoansMumbai.com, we make it easy process to buy used car at best EMI and Tenure. We offer up to 100% loan on the car value with fastest process and low rate of interest.

We have deals from more than 15+ banks and NBFC’s. Enjoy a suitable car buying experience with faster approval and doorstep service.

  •    Up to 100% funding
  •    Loan basis ID and address proof
  •    Competitive rate of interest
  •    Loan period for up to 5 years
  •    Convenient, customized loan repayment schedule

What is Used Car Loan?

Used Car defined as the mortgage or money obtained by Bank or NBFC’s to purchase a second-hand vehicle or used car. Generally used car loans cover 75% amount of the total expense for the car. Some financial organizations also give up to 90% of the value of the car.

What is Existing Car Finance?

Are you looking quick finance? We offer your finance against existing car value from top 15+ Banks and NBFC’s. We offer best rate of interest with higher tenor. Easy and fastest doorsteps process.

Pricing Table

Get Best Loan Offer Online

    Give us some basic details like KYC,
    Income proof to help us to serve you
    best deals from the best banks.
    We negotiate the best rates and
    offer to ensure you can
    afford your dream car.

Doorstep Document Collection

    Our Used Car Finance executive helps
    you all the details and connect you
    with the bank to ensure someday
    document collection can be
    done as per your convenience
    (time & location).

Valuation and Used Car Finance Approval

    Get fastest loan approval on the valuation
    of your car. For register a car
    on you name we will help with
    our partner dealership. Quick Apply
    to buy your dream car
    and get best deals online.

Benefits Of Home Loan

   Lowest down payment.

   Stability in EMI repayment, not affected by fluctuating market rates.

   Fastest Process.

   Used Car Loan Deals / Offer from 15+ Banks.

   Low Processing Fees.

   Generate your credit score for other loans.

Our Partners

Call Us +91 73030 22000

Mumbai, Navi Mumbai, Thane


Who is eligible for Used Car Loan?

The eligibility criteria for used car loan is not too tuff. Generally following people easily apply to used car loan.

Salaried individuals. Here different banks set minimum monthly salary requirements to be eligible. We will identify the right banks for your used car loans based on your salary category.

Business persons & Professionals with stable monthly income having proof for the same.

Partnership companies and private limited companies.

To fast approval on the used car loan, Apply now on given below button now. Our used car loan expert will touch with you to serve best offer from top banks and NBFC’s.

Fill the online form or give us a call for used car loans.

Document needed for Used Car Loan

Person Documents

Apart from meeting these eligibility criteria, borrowers also need to submit some documents to support their loan application. The document requirements are listed below:

Identity Proof: Can be in form of PAN Card, driving license, passport or any other government issued identity document

Age Proof: Since borrower needs to be more than 21 years old, a document supporting age needs to be submitted. Example: School leaving certificate, Passport, Ration Card, Driving License, etc.

Address Proof: Any of the above mentioned documents having current address can be submitted as address proof

Income Proof: For salaried individuals, ITR/Salary Slips/Form-16 can be submitted. For self-employed individuals, ITRs or balance sheets/P&L accounts can be submitted.

Signature Verification Proof

1 or 2 recent photographs.

Vehicle Documents

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RC Book – Copy of RC book to check valuation of Car. Bank will take original RC book while you transfer the ownership of car to registration process.

Insurance Certificate – Copy of current insurance needed to check valuation of Car.

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