Suitable For Low Budget

Cars are an expensive affair. People who are on low budget wish to buy a car but many times have to settle on a two wheeler. But with used car loan one can make the car dreams come true. Used cars cost less than its current on road price and with easy EMI options offered by banks; you can easily buy a used car. You can pay the EMIs which will be much cheaper than buying a firsthand new car.

Easy Availability of Loan

The process of getting a used car loan is much easier and hassle free compared to a new car loan. This is a new type of loan and banks are always willing to avail it to customers. Banks offer customized used car loans with easy EMI plans for customers. Also compared to new car loan, the banks are able to lend lesser amounts to customers. Banks charge very minimal fees for pre-payment of used car loan so the customers can easily pay off the loan faster than required. Banks charge interest rate on used car starting from 15.50%.

Minimum Documentation

To avail a used car loan, you don’t need a pile of documents. Self employed and salaried, all types of professionals can avail this loan. You just need your KYC details along with your bank statement and salary slips or ITR statements.

So buy your dream car today!

How to Apply

Till few years back taking a car loan was a tedious process. Now, applying for a car loan is not a problem anymore. You do not need to visit various banks anymore. We have partnered with various banks who will provide you car loan at attractive interest rates without any hard-core procedure. We help you in doing research and choose the best for you. Nesta India makes this process easy and quick for you.