High Loan Amount
Hero FInCorp helps people get loans up to Rs 50 Lakh for buying pre-owned cars.
Used Car Loan in Guwahati
- Loan up to Rs 50 Lakh
- Minimum Salary Required ₹15K
- Instant Approval
Guwahati, one of the biggest cities in Assam, holds significant prominence due to its unique amalgamation of cultural richness and industrial progressiveness. Nestled by the Brahmaputra River, this city is renowned for its thriving tea industry, contributing substantially to the region's economy. The lush green tea gardens, juxtaposed with the serene landscapes, make it a notable attraction in India.
However, Guwahati is not just about picturesque locations and tea plantations; it's a city with a pulsating vibe, marked by a blend of tradition and modernity. Its dynamic atmosphere is mirrored in its growing industrial sectors, diverse culinary delights, and the vibrant life of its inhabitants. The city serves as a focal point of culture, demonstrating a rich tapestry of music, dance, and art, keeping the region's heritage alive.
Within this bustling environment, there is a rising demand for 2nd hand cars in Guwahati. This growing appetite for automobiles is facilitating the emergence of various dealerships and online platforms, making 2nd hand cars accessible to a broader audience in Guwahati.
Acquiring your sought-after 2nd hand cars in Guwahati is made uncomplicated with Hero FInCorp’s advantageous loan features.
Hero FInCorp helps people get loans up to Rs 50 Lakh for buying pre-owned cars.
The competitive interest rates ensure that the monthly payments are low.
Getting a loan without extra collateral is a big advantage.
You can pick to repay your loan over as long as 60 months.
Hero FInCorp’s swift and efficient approval process ensures you can quickly get the loan.
Gaining clarity on eligibility criteria is pivotal for prospective buyers seeking second-hand car loans in Guwahati, ensuring the smooth processing of their applications. These criteria are a framework for Hero FInCorp to assess the applicant’s credibility and repayment capability.
18-60 years for salaried, 18-65 years for self-employed.
Providing proof of Indian citizenship is obligatory.
1 year of experience for both salaried and self-employed.
There is no predefined monthly salary.
Whether you're a salaried individual or a self-employed individual, you'll need to provide a standard set of documents to apply for a 2nd hand car loan in Guwahati. These documents are crucial for the loan application and are used to evaluate your eligibility and creditworthiness. While basic documentation, including identity and address proof, is the same, there is variation in income proof for salaried and self-employed individuals.
Getting these documents ready before applying will help save time and delays. You can scan and store these documents in a folder to upload them easily while filling out the online application. Also, having the required documents ready can expedite the loan application process and increase your chances of securing a Used Car Loan in Guwahati through Hero FInCorp.
Duly filled application form, Car's registration certificate
Aadhar Card, Voter ID Card, Driving License, Passport, Photo ID Card issued by GOI
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
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
Understanding interest rates is crucial for potential buyers of 2nd hand cars in Guwahati as it significantly impacts the Equated Monthly Instalments (EMIs). Hero FInCorp offers competitive interest rates on used car loans, starting at 12.5%. However, the final interest rate will depend on factors like age, credit score, monthly income, etc.
Applying for a pre-owned car loan with Hero FInCorp in Guwahati is quick and easy. Here's how you can get started:
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”.
