We're constantly crafting offers and deals for you. Get them delivered straight to your device through website notifications.

All You Have To Do Is Click On "Allow".


Are you sure?

You will not be eligible for exclusive offers from Tata Capital


We will notify you in case any special offers are available

Getting Started

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

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


Yes, you can avail a loan on your existing car. Up to 120% of the existing value of your car shall be available as cash at your disposal subject to a maximum of ₹ 20 lacs.

The stages of availing a Used Car Loan include:

  • Application
  • Documentation
  • Processing
  • Sanctioning of the loan
  • Disbursement

Yes, we do offer funding up to 100% of the ex-showroom price on select models, subject to the applicant meeting our underwriting criteria.

We finance almost all passenger cars and multi-utility vehicles manufactured by India's leading automobile companies. Imported vehicles are also funded on case-to-case basis.


You can approach us in any of the following ways:

Write to or SMS 'Auto' to 56161561.

Yes, you can apply for a Tata Capital loan in any of the major cities in India including Mumbai, Pune, Bangalore, Kolkata, Chennai, Noida, New Delhi, Hyderabad and Vizag.

EMI Options

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

At Tata Capital, we offer Used Car Loans with multiple repayment options. Our Flexi EMIs allow you to choose a plan that suits your need as per your cash flow.

Fixed EMI

You get to choose the Used Car Loan EMI Plan that suits your cash flow. Flexible EMI plans include. Under Fixed EMI, the interest and principal component charged to you is fixed during the entire loan tenure.

  • EMI amount remains the same for the entire used car loan period

Ideal if

You have a consistent income


Structured EMI

Our Structured EMI option allows you to select a repayment method that suits you best

  • Customised EMI options as per your requirement

Ideal if

You expect your income to increase at regular intervals

Loan Details

Once we have all your documents with us, it generally takes about 30 Minutes for us to approve your loan request.

It takes us 24-36 hours from the completion of documentation to sanction a used car loan.

No, the tenure, once selected, is fixed for the life of the second hand car loan.

Imported vehicles are also funded on case-to-case basis. The lending rates are dependent on various factors including cost of funds, customer credentials, geography, asset, tenor and discounts offered in the market. Tata Capital ensures that you get a transparent and good deal at the time of availing the Used Car Loan.

The tenure of loan could be from one to maximum 5 years for used cars.

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

The mandatory documents are:

  • Bank Statements for the last six months
  • Salary Slips for the last three months
  • Address Proof and Identity Proof documents
  • RC book
  • Insurance

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

You can prepay the loan, if you are closing it fully. However, we do levy a prepayment charge. For more details, view our service charges.

Other Details

Credit report provides details on your financial status and your ability to repay a Loan. This helps us evaluate your financial history. A good credit report with a score of 750 will help you take a loan easily.  

  • Salaried individuals
  • Self-employed individuals
  • Partnership firms
  • Public and Private Ltd. companies
  • HUFs and Trusts

Yes, registration is included in a few loan offerings, but insurance of the vehicle does not form part of this value and would need to be paid up-front.

Your spouse or any blood relative staying in the same residence as yours can be a co-applicant.

Generally, no. But if your income does not meet our credit criteria, then you may require a guarantor to stand surety for your loan.

No additional security/collateral needs to be provided, apart from the car against which the Used Car Loan is granted, being hypothecated to Tata Capital documentation.



Customer Speak