Turn the Key Get Your Used Car Loan Approved Today! Turn the Key Get Your Used Car Loan Approved Today!

पुराने कार लोन की विशेषताएं एवं लाभ

Quick Approval

Get loan approval in just 4 hours after verification of necessary documents.

Easy Documentation

Minimal paperwork ensures an easy documentation process.

Maximize Your Funding

Get up to 95% funding with minimal downpayment.

Attractive Interest Rates

Affordable used car loan with flexible Interest Rates for your dream car.

Flexible Repayment Options

Make repayment easy and convenient with flexible repayment options ranging from 12-60 months, tailored to your unique needs.

पुराने कार लोन के लिए पात्रता

Age

Between 18 to 65 years* old for users from agricultural backgrounds, and between 21 to 65 years* old for others

Employment Status

Must be actively employed

Employment Stability

Minimum 1 year of stable employment

पुराने कार लोन के लिए आवश्यक दस्तावेज

KYC Documents (Any one)

Passport
Voter ID Card
Aadhaar Card
Driving License
PAN Card

Age Proof (Any one)

PAN Card

Valid Address Proof (Any one)

Passport
Electricity Bill
Ration Card

Income Proof (Any one)

Salary Slip
Form 16
ITR with Computation of Income

Valid Assets Proof

Photocopy of Vehicle RC Book and Insurance Certificate

Other Documents

Bank Statement or Passbook

3 आसान चरणों में लोन प्राप्त करें

Choose Your Vehicle

Select the pre-owned car model you want to buy.

Get Approved

Upload the required documents for instant loan approval.

Loan Disbursal

Get your loan sanctioned to turn your dream car into reality.

कस्टमर स्पीक

I liked that the complete process was super quick. Saved a lot of time for me. Satisfied with the overall experience.
N
Nandini
Buying a car on my own was my dream for several years. Today I own a second hand car that was not heavy on my pocket. I am extremely delighted.
P
Priyamani
I am impressed by the amazing service. The documentation and approval were fast, and no unnecessary documents were requested.
N
Navin
I was able to buy a top condition car within my budget. It is perfect for my daily commute. The good thing is that the interest rate was quite reasonable.
P
P Ghodake

अन्य लोन के लिए आवेदन करें

About Used Car Loan in India

Used cars have a big market in India as they are affordable. But purchasing a used car was never so easy. Today, almost all financial institutions and digital platforms provide loans for purchasing used cars. The used car loan facility available on Tractorkarvan comes at attractive interest rates and flexible repayment choices. 

One of the prime benefits of Tractorkarvan is that we provide up to 95% funding of the asset value for purchasing used cars.

Key Features and Benefits of Used Car Loan

Used car loan on Tractorkarvan has several unique features and benefits, including faster documentation and approval. Some of the key features are:

  • Loan approval within 4 hours of the submission of documents.
  • The loan-to-value (LTV) ratio is up to 95%; that is, you can get up to 95% funding on asset value.
  • The downpayment for purchasing your dream used car is minimal.
  • Income proof is optional for getting a Used Car loan, ensuring that the Loan is even available to those without proper income documents.
  • Flexible repayment tenure ranging from 12 to 60 months (5 years).
  • Completely digital and hassle-free loan application process.
  • Avail of Used Car loans at attractive interest rates.

 Eligibility Criteria

Before applying for a Used Car loan, determine your eligibility criteria. Do ensure that you meet the following eligibility requirements as mentioned below:

  • Nationality: Indian
  • Age: 18 – 65 years
  • Status of Employment: Active
  • Employment Tenure: Minimum 1 year

Documents Required

Before applying, you need to ensure that all documents are in place and furnished when required. Proper documentation quickens the loan approval process. The list of necessary documents is as follows:

  • ID Proof: Aadhaar Card/ Driving License/ Voter ID Card/ Passport/ PAN Card
  • Age Proof: PAN Card
  • Address Proof: Ration Card/ Electricity Bill/ Passport
  • Income Proof: Pay Slip/ Form 16/ ITR
  • Asset Documents: Insurance Certificates and Vehicle RC Book
  • Others: Passbook/ Bank Statement

How to Apply for a Used Car Loan?

You can apply for a Used Car Loan on Tractorkarvan in three simple steps: Choose the Used Car, Apply for the Loan, and Bring Home your Dream Car.

  • Step 1: You must select the used car you want to purchase from a wide range of options.
  • Step 2:Complete and submit the loan application form. If you meet the eligibility criteria, you will receive instant approval.
  • Step 3:Get your Loan sanctioned & processed and drive your dream car home.

पुराने कार लोन पर अक्सर पूछे जाने वाले प्रश्न

1. How do you take a used car loan on Tractorkarvan?

You can use it to get the Loan in 3 simple steps: Select the Used Car, apply for it, and Get your Loan sanctioned from our lending partners.

The key features include loan approval within 4 hours, up to 95% funding of the used car value, and flexible repayment tenure of 12 months to 60 months.

Yes, you can pay back the Loan with easy instalments or EMIs.

You must be an Indian national, between 18 and 65 years of age, and have been employed for a minimum of one year.

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