EMI Calculator

About Preowned Cars

This product is offered to purchase pre owned (Used car) which is already registered in the RTO. It is a loan which allows a buyer to pay for the car through EMI rather than making payment one time. The buyer has to pay minimum down payment. The loan amount can be availed up to 100%* of current asset cost (market value) depending on asset cost, customer profile and customer Income.

What are the features of Preowned Cars?

  • Loan Amount up to 100%* of current market value of the asset.
  • Attractive Interest rates.
  • Low Processing Fee.
  • Tenure up to 5 years depending on asset (car) age.
  • Simple Documentation.
  • Quick loan approval and disbursement.
  • Part payment options available.
  • KYC based Pre-approved top up loans after 12 months of clean repayment.

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