Second-hand cars are much in demand as they appear to be a viable option for many people. So, if you are looking for second-hand car loan in Noida then you are at the right place. We offer used car loans in Noida at competitive interest rates and up to 7 years of repayment terms. In India, getting a used car loan financing is more challenging than getting a loan for a new car. Generally, banks offer around 90% financing on a brand new car. In addition to that, car loans have longer loan terms & higher finance rates. So choosing HDFC used car loan in Noida or any other bank financing might not be a feasible option.

However, anyone in India can take advantage of car kharido becho 24, including salaried employees & self-employed individuals. And most importantly, there are ways to get a low rate second-hand car loan and extend the repayment period.

At car kharido becho 24, you will get second-hand car on EMI in Noida at the best prices. Besides, we offer competitive old car loan interest rates for everyone.

Features and Benefits of Used Car Loans

A second hand car financing provides the following features and benefits:

• The loan amount is usually less when compared to a new automobile loan. Meaning, you have to pay a low used car loan EMI each month.
• Longer repayment duration in used car loan.
• Car Kharido becho 24 provides 85-90% of the loan & usually the lowest used car loan rates in Noida.
• It is easy to apply for an old car loan in Noida.
• Depreciation rates & Insurance costs are lower compared with new cars.
• Documentation requirements are minimal to get best used car loan interest rate.
• Car kharido becho 24 allows flexible repayment terms for second hand cars loan in Noida.

Eligibility Guidelines

Below are the eligibility car loan requirements in Noida for salaried workers and self-employed individuals to get a car loan in Noida:

Identity Verification

Any of the following documents can be submitted as identity verification to get used cars loan in Noida:

• An Aadhaar card
• A passport
• A valid driving license
• Voter identification card
• The PAN card

Address Proof

Submit the following documents as Proof of Address to finance a used car:

• Voter identification
• A copy of the LIC policy
• The Electricity Bill
• The Aadhaar card
• License to drive
• The Ration Card
• A passport is necessary

Income evidence

Submit all the following documents as evidence of income to obtain loan for second-hand car:

• Profit and loss statement
• Statement of cash flows
• Audit report
• Summary of Form 16
• Payslip
• A bank statement.

Employees earning a salary

The age limit is 21-65 years old.

Income: Rs.15,000 or more per month

Income Status: You must have been working for one or the same organization at least for a year

Those who are self-employed

 The Age limit is 25-65 years old

Profit: Business should earn a minimum of Rs.1.5 lakh per annum

Income Status: You should be in the same line of work for a minimum of three years

Documentation Required

Applicants to submit the following documents to get the best-used car loans in Noida:

• A completed application form
• Passport-size photos
• Report on car valuation

Contact to get the best second-hand car loan interest rate or lowest EMI loan today!