Generous Loan Amounts
Hero FinCorp provides loan amount up to Rs 5 Lakh.
Calculate Your Used Car Loan EMI
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Calculate Your Used Car Loan EMICalculate Your Used Car Loan EMINestled in the picturesque Rangareddy district of Telangana, Chevella City offers a delightful blend of natural beauty and industrial prominence. Here, you'll find the serene Ananthagiri Hills, a haven for trekking enthusiasts and nature lovers alike. And let's not forget about the breathtaking Osman Sagar Lake, also known as Gandipet, where scenic views and water activities await.
Chevella isn't just about nature; it's a bustling hub of diverse industries, with agriculture, poultry farming, and textiles playing pivotal roles in the local economy. The city's numerous poultry farms and textile mills provide ample employment opportunities and contribute significantly to its economic growth.
But that's not all. Chevella also boasts a rich cultural heritage, with historic temples and landmarks adorning its landscape. Among them is the revered Ramalingeshwara Temple, dedicated to Lord Shiva, drawing devotees and tourists alike.
With its blend of natural splendour, thriving industries, and cultural treasures, Chevella City offers a unique tapestry of attractions and opportunities for residents and visitors alike.
Explore the perks of Hero FinCorp's second-hand car loan in Chevella, designed to offer convenience and flexibility for your car purchase needs.
Hero FinCorp provides loan amount up to Rs 5 Lakh.
Get affordable and manageable car loans with competitive interest rates.
Hero FinCorp offers collateral-free loans.
Hero FinCorp offers flexible tenure options.
Experience swift loan approval with Hero FinCorp's efficient systems.
Discover the eligibility requirements for an instant second-hand car loan in Chevella and kickstart your car-buying journey hassle-free.
Applicants must be at least 18 years of age.
Eligibility is extended to Indian citizens residing in Chevella.
Minimum work experience of one year for both salaried and self-employed.
There is no minimum monthly income criteria.
Here is a list of all the documents required to apply for a Second-Hand Car Loan in Chevella:
Duly filled application form, Car's registration certificate
Aadhar Card, Voter ID Card, Driving License, Passport, Photo ID Card issued by GOI
Driving Licence, Voter ID Card, Aadhar Card, Utility Bill/ Rent or Lease Agreement, A letter having Name & Address Details Issued by the National Population Register
Birth Certificate, PAN Card, Driving Licence, Passport
Form 16, ITR, Appointment Letter, Salary Slip with Joining Date on it, Relieving Certificate, Experience certificate
Banker's Verification, PAN Card, Passport
Latest Salary Slips, Form 16, Bank Account Statement, ITR
Duly filled loan application form, Car's registration certificate
Aadhar Card, Driving License, Voter ID Card, Passport
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
Birth Certificate, PAN Card, Driving Licence, Passport
VAT Registration, Sales Tax Registration, Excise Registration, Service Tax Registration Certificate, SSI or MSME Registration Certificate, Shop & Establishment Registration Certificate
PAN Card, Banker's Verification, Passport
Profit & Loss Statement, Recent ITRs, Audited Balance Sheet, Current Account Statement
Here is the list of fees & charges for a Used Car Loans in Chevella:
Availing of a used car loan in Chevella is a straightforward process. Follow these steps to apply:
Visit our Used Car Loan page.
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.
Under “Apply for a Loan”, provide the correct personal and professional details along with your mobile number and OTP received.
Then agree to the Terms & Conditions by ticking the checkbox and click on “Submit”.
Interest rates on used car loans in Chevella may vary based on factors like loan amount, tenure, and borrower's credit profile. Generally, interest rates for used car loans are slightly higher than those for new car loans due to increased risk. Lenders offer competitive rates to attract customers, so comparing offers from different lenders is advisable before finalising.
A used car loan in Chevella works similarly to other loans, where the borrower applies for financing to purchase a pre-owned vehicle. Upon approval, the lender disburses the loan amount to the borrower or directly to the seller. The borrower repays the loan in fixed monthly instalments over the loan tenure, including interest charges. Failure to repay may result in penalties, affecting the borrower's credit score and possibly leading to vehicle repossession.