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USED CAR LOAN

ABOUT USED CAR LOANS

Opting for a used car loan is a smart, value-for-money purchase. We offer used car loans for a wide collection of cars ranging from hatchbacks & SUVs to premium sedans. We extend loans up to 95% loan on your car value and provide flexible EMI repayment options, and quick disbursal of loans which makes Tata Capital the best choice for financing your car.

Now get a Used Car Loan up to ₹50 lakhs from Tata Capital. Tata Capital’s Pre Owned Car Loan offers used car Loans with easy documentation and competitive interest rates. Your favourite Car is just a click away.

Disclaimer: Car Loans are brought to you by Tata Capital Financial Services Limited ("TCFSL") and are at its sole discretion. The indicative interest rates mentioned on the website only pertain to loans availed for cars which are for personal use. For loans for cars which are for commercial use, interest rates may differ. Interest rates may differ from time to time at the discretion of TCFSL. Terms and conditions apply.

Know more about our offerings

Key Features

Loan Amount

₹1,00,000 - ₹50,00,000

Loan Tenure

12 - 60 months

Interest rate starting at

15%

Advantages

Flexible Tenure:
You have the freedom to repay your loan over a period of 60 months
Quick Processing:
With minimal paperwork and quick, online application process, you can get your car loan in no time. You just need to fill in our application form and we will take care of your loan request
Flexi EMI Options:
Our Flexi EMI Car Loans allow you to repay your loan according to your convenience.
Competitive interest rates:
Our interest rates are the best among all lenders; we offer rates and tools that will benefit you the most.
Flexible Tenure:
You have the freedom to repay your loan over a period of 60 months
Quick Processing:
With minimal paperwork and quick, online application process, you can get your car loan in no time. You just need to fill in our application form and we will take care of your loan request
Flexi EMI Options:
Our Flexi EMI Car Loans allow you to repay your loan according to your convenience.
Competitive interest rates:
Our interest rates are the best among all lenders; we offer rates and tools that will benefit you the most.

Application Process

Online Application

You can apply for a Used Car loan by just filling up your basic details.

Explore dealership

Walk into a used car dealership associated with Tata Capital

Document Submission

Tata Capital representative will be available at the dealership to assist you with the submission of your documents.

Scrutiny and Verification

We will verify your submitted documents.

Approval

Post approval, the loan is sanctioned.

Drive Away

Receive the required Used Car Loan in your bank account – and drive away in your favorite used car.

PAYMENT OPTIONS

PAY ONLINE

Pay your EMI using our website or mobile anytime, anywhere. 

DROP A CHEQUE

Select a nearby branch to drop a cheque at your convenience. 

Our Used Car Loan comes with some great features that allow you to enjoy flexibility and comfort at your fingertips.

Minimum paperwork

Hardly any paperwork is required for a Used Car Loan.  Almost all the loan activities can be done online without taking the trouble of visiting a branch. The only paperwork we need from you is the application form and rest of the loan-related activities are taken care through our digital platform to make your experience comfortable.

Repayment

You can decide how you want to repay your loan according to your convenience. Choose from our host of options like ECS, Post-dated cheques and online payment 

Competitive interest rates

Our interest rates are the best among all lenders; we offer rates and calculations that benefit you the most.

High loan amount

You can take as high as ₹50,00,000 of loan amount.

Minimum documents

We ask for minimal documents while processing your request. 

Instant online approval

You can get instant approval through our secure platform once we get all the information and documents from you. 

FAQ

Here’s why our Used Car Loan is perfect for you:

  • Quick loan payment
  • Easy documentation
  • Spot Approvals
  • Attractive Interest Rates

No, the EMI is fixed for the life of the loan. However, we offer flexible solutions to fit your requirement.

The loan can be repaid through ECS, Direct debit and post-dated cheques drawn on "Tata Capital Financial Services Limited".

We provide Used Car Loan from a minimum of ₹ 1,00,000/- to a maximum of ₹ 50, 00,000/- depending on your eligibility.

WHY CHOOSE US

CUSTOMIZED PRODUCTS
MINIMUM DOCUMENTATION
EASY APPLICATION PROCESS
STRONG AFTER SALES SERVICE

Customer Speak

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