Used Car Loan in Chittoor

Loan up to Rs 50 Lakh

Minimum Salary Required ₹15K

Instant Approval

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Used Car Loan EMI Calculator

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Get Used Car Finance in Chittoor With Quick Approval

Chittoor, a vibrant city in Andhra Pradesh, is known for its rich cultural heritage and scenic beauty. Home to the renowned Tirupati Temple, Chittoor attracts pilgrims from all over the country. The city is also famous for its thriving agriculture, particularly mango and sugarcane cultivation, and has a growing industrial sector with several large and small-scale industries. With its blend of tradition and modernity, Chittoor is an ideal place to settle and grow.

In that case, you might need a car for commuting or long drives. Buying a car requires significant financial investment. Therefore, getting a used car can be a smart choice.

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

Hero FinCorp offers used car loans in Chittoor that make your journey smooth! Here are some of the features and benefits of applying for a Hero FinCorp Second Hand Car Finance:

High Loan Amount

Hero FinCorp offers you an ample loan amount of up to 50 Lakh.

Attractive Interest Rate

Hero FinCorp offers attractive interest rates on their used car loans.

Collateral-Free

Hero FinCorp used car loan does not require any collateral.

Flexible Repayment Tenure

We allow you to select a loan term that fits your financial obligations.

Instant Approval

Hero FinCorp offers instant approval on your used car loan.

Eligibility Criteria for Instant Second-Hand Car Loan in Chittoor

Certain eligibility criteria need to be fulfilled to get a Used Car Finance in Chittoor:

Age

The applicant must be between 18-65 years.

Citizenship

The applicant must be an Indian resident.

Minimum Work Experience

This depends on various factors.

Minimum Monthly Salary

This depends on the lender and the pre-approval amount.

Check Your Loan Eligibility

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

To expedite the second-hand car finance in Chittoor, ensure you have the necessary documents ready. Typically, lenders will ask for.

Documents Required for Salaried Employee

Mandatory Documents

Duly filled application form, Car's registration certificate

Identity Proof

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

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

Age Proof

Birth Certificate, PAN Card, Driving License, Passport

Job/Business Proof

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

Signature Verification Proof

Banker's Verification, PAN Card, Passport

Income Proof

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

Documents Required for Self-Employed

Mandatory Documents

Duly filled loan application form, Car's registration certificate

Identity Proof

Aadhar Card, Driving License, Voter ID Card, Passport

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 Proof

Birth Certificate, PAN Card, Driving License, Passport

Job/Business Proof

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

Signature Verification Proof

PAN Card, Banker's Verification, Passport

Income Proof

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

Interest Rates on Used Car Loans in Chittoor

The used car loan interest rate in Chittoor depends on the lender, credit score, loan amount, tenure, etc. Typically, rates will be a bit higher than new car loans. Hero FinCorp offers attractive interest rates on used car loans in Chittoor.

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

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

Follow these steps to apply for a pre-owned car loan in Chittoor:

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”.