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@ 8.75% p.a
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Home Loan for all your needs
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Avail Loan Against Securities up to ₹40 crores
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Check Your Credit Score
Higher credit score increases the chances of loan approval. Check your CIBIL score today and get free insights on how to be credit-worthy.
Check Credit ScoreAvail Loan Against Property up to ₹ 10 Crores
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Loans for all your needs
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What if you suddenly require more money than the used car loan amount? Tata Capital's overdraft facility allows you to withdraw funds above your loan limit. It provides our used car customers the flexibility to use the loan amount as and when the need arises. What's more? You only pay interest on the utilized amount.
Loan Amount
₹1,00,000 - ₹50,00,000
Loan Tenure
12 - 60 months
Interest rate starting at
16% onwards
Note: Please note that this facility is applicable for existing customer only with prior hypothecation of Tata Capital Limited on registration copy of the vehicle.
After receiving the used car loan documents required from you, we will verify all details to ensure they are accurate. The verification process can take at least 24 to 36 hours. If all used car documents are valid and you can repay the loan on time, we will proceed to the next step–loan approval.
Self-employed individuals must submit the following documents to avail of a second-hand car loan –
All new passenger vehicles, including hatchbacks, sedans, SUVs, MUVs, etc., are eligible for a loan on used car finance. However, the car models that are now out of production are not eligible for a loan on used cars.
Additionally, if you want a loan against your commercial car or your yellow plate vehicle, you are not eligible for a loan on a car at Tata Capital.
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