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            • Home
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            • Used Car Loan
            • Used Car Loan in Bhimavaram

            Used Car Loan in Bhimavaram

            • Loan up to Rs 50 Lakh
            • Minimum Salary Required ₹15K
            • Instant Approval
            Apply Now
            • Overview
            • EMI Calculator
            • Eligibility
            • Documents Required
            • Interest Rate & Charges

            Used Car Loan EMI Calculator

            Calculate your EMI and choose the most suitable EMI for you

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            Apply Now

            Get Used to Car Finance in Bhimavaram with Quick Approval

            Bhimavaram is famed for its picturesque landscapes, rich tradition, and historical significance, making it a popular tourist destination. Furthermore, the warm hospitality adds to its charm, attracting visitors to the city.

            Bhimavaram's history is centuries old, with attractions like temples, heritage landscapes, and natural beauty-oriented destinations for travellers. However, in such a place, convenience is one of the major aspects of travel, making exploring places in Bhimavaram easy and remarkably stress-free.

            Having a car is a great way to explore the city. However, buying a new car may stress your finances. So, it’s good to prefer a pre-owned car in Bhimavaram.

            Hero FinCorp offers used car finance in Bhimavaram with attractive interest rates, flexible repayment tenures and quick approval.

            Features And Benefits of Hero FinCorp Second-Hand Car Loan in Bhimavaram

            Hero FinCorp offers exciting and pocket-friendly features, making buying your dream car easy and achievable. Hero FinCorp's Used Car Loans in Bhimavaram offer high loan amounts with instant approval tailored to address customers' financial concerns, ensuring solutions that are accessible, convenient, and affordable.

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            High Loan Amount

            Hero FinCorp offers substantial Used Car Loans ranging from Rs 0.5 Lakh to Rs 50 Lakh in Bhimavaram.

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            Attractive Interest Rate

            Hero FinCorp offers competitive interest rates starting at 12.5% per annum.

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            Collateral-Free

            Borrowers can avail of used car finance for private vehicles without any collateral requirement.

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            Flexible Repayment Tenure

            There are repayment options for up to 5 years.

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            Instant Approval

            Experience quick and easy loan approval with Hero FinCorp in Bhimavaram.

            Eligibility Criteria for Instant Second-Hand Car Loan in Bhimavaram

            If you are planning to take out a second-hand car loan in Bhimavaram, you must understand whether you are eligible and whether you meet the required criteria.

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            Age

            Applicants should be at least 18 years of age.

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            Citizenship

            Indian citizenship is a prerequisite.

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            Work Experience

            The applicants should have a minimum of one year of work experience.

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            Monthly Salary

            We do not have predefined minimum monthly income criteria.

            Check Your Loan Eligibility

            Documents Required to Apply for a Second-Hand Car Loan in Bhimavaram

            Here's a breakdown of the documents you'll need for second-hand car finance in Bhimavaram.

            Documents Required for Salaried Employee

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            Mandatory Documents

            Duly filled application form, Car's registration certificate

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            Identity Proof

            Aadhar Card, Voter ID Card, Driving License, Passport, Photo ID Card issued by GOI

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            Address Proof

            Driving License, Voter ID Card, Aadhar Card, Utility Bill/ Rent or Lease Agreement, A letter having Name & Address Details Issued by the National Population Register

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            Age Proof

            Birth Certificate, PAN Card, Driving Licence, Passport

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            Job/Business Proof

            Form 16, ITR, Appointment Letter, Salary Slip with Joining Date on it, Relieving Certificate, Experience certificate

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            Signature Verification Proof

            Banker's Verification, PAN Card, Passport

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            Income Proof

            Latest Salary Slips, Form 16, Bank Account Statement, ITR

            Documents Required for Self-Employed

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            Mandatory Documents

            Duly filled loan application form, Car's registration certificate

            identity_proof.png
            Identity Proof

            Aadhar Card, Driving License, Voter ID Card, Passport

            office-address-proof.png
            Address Proof

            Driving License, Voter ID Card, Rent or Lease Agreement, Utility Bill, Aadhar Card, A letter having Name & Address Details Issued by the National Population Register

            age.png
            Age Proof

            Birth Certificate, PAN Card, Driving Licence, Passport

            mandatory_documents.png
            Job/Business Proof

            VAT Registration, Sales Tax Registration, Excise Registration, Service Tax Registration Certificate, SSI or MSME Registration Certificate, Shop & Establishment Registration Certificate

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            Signature Verification Proof

            PAN Card, Banker's Verification, Passport

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            Income Proof

            Profit & Loss Statement, Recent ITRs, Audited Balance Sheet, Current Account Statement

            Interest Rates on Used Car Loans in Bhimavaram

            You can enjoy the advantages of competitive rates, making it easier to fulfil your dream of owning your desired car without straining your finances or budget. Hero FinCorp provides competitive Used Car Loan interest rates in Bhimavaram, starting from 12.50% per annum.

            Pre-Owned Car Loan Interest Rates

            Starting from 12.5% to 26%

            Loan Amount

            Rs 50,000 (Min) – Rs 50,00,000 (Max)

            Loan Tenure

            12 Months (Min.) – 60 Months (Max)

            Loan Processing Fees

            0.5% - 4%

            Prepayment Charges

            5% on Principal outstanding (additionally interest up to 6 months for foreclosures within 6 months from date of disbursement)

            Other Charges

            As applicable

            Read More

            How to Apply For a Pre-Owned Car Loan in Bhimavaram?

            Applying for private finance for a used car in Bhimavaram with Hero FinCorp is a simple and easy process. Whether applying in person or online, the process at Hero FinCorp ensures convenience and efficiency.

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            • 1

              Visit our Used Car Loan page.

            • 2

              Enter the required loan amount, interest rate and tenure in the EMI calculator. It will give you an estimate about the EMI you have to pay.

            • 3

              Under “Apply for a Loan”, provide the correct personal and professional details along with your mobile number and OTP received.

            • 4

              Then agree to the Terms & Conditions by ticking the checkbox and click on “Submit”.

            Apply Now

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            Frequently Asked Questions (FAQs)

            Yes, Hero FinCorp offers Used Car Loans ranging from Rs 0.5 Lakh to Rs 50 Lakh in Bhimavaram.

            Due to factors like risk associated with older vehicles, shorter loan tenure, and potential depreciation of the vehicle, the interest rate is high compared to the loans for new cars. However, with Hero FinCorp, you get competitive Used Car Loan interest rates, making it easy to manage the loan.

            Yes, with Hero FinCorp, you can easily get customised, affordable, and easily accessible second-hand car loans with minimum documentation.
            Hero FinCorp offers competitive interest rates starting at 12.50% per annum on pre-owned car loans in Bhimavaram.
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