What is a Used Car Loan?
A used car loan is designed for individuals purchasing pre-owned vehicles. Financeo Fintech Pvt Ltd provides loans that cover a significant portion of the car’s price, with competitive interest rates, quick approvals, and convenient repayment options.
Benefits of Choosing a Used Car Loan
- Lower initial investment than buying new
- Flexible EMI options to suit your budget
- Minimal documentation and fast processing
- Suitable for salaried and self-employed individuals
- Access to a wide range of pre-owned vehicles
Eligibility Criteria
- Age: 21–60 years
- Minimum income proof for salaried/self-employed
- Good credit history
- Verified KYC documents
Tips for Buying a Used Car with a Loan
- Check car condition and service history
- Compare used car prices in the market
- Confirm loan eligibility and maximum financing
- Understand the interest rate, tenure, and EMIs
How to Apply for a Used Car Loan
- Choose your preferred pre-owned vehicle
- Submit documents to Financeo Fintech (ID, address, income proof)
- Loan approval and agreement signing
- Receive disbursement and drive your car
