High Loan Amount
Used Car Loan of Rs 50,000 to Rs 50 Lakh are available for all car brands.
Apply for loan on HIPL app available on Google Playstore Download Now
Patna is the capital of Bihar - the 12th largest state by area, 3rd largest by population and 15th largest by GDP. Some of the most popular attractions in Patna include Takht Sri Harmandir Sahib Ji, Nalanda, Patna Museum, Patna Planetarium, Gandhi Sangrahalaya, Khuda Baksh Oriental Library, Kumhrar's Park, and many others. When it comes to industries, some popular options include grain, sesame, sugarcane, and rice. Being the capital state of Bihar, the city also has a demand for new and pre-owned hatchbacks, sedans, and premium cars.
If you are a resident looking for used car finance in Patna, you can borrow up to Rs 50 Lakh from Hero FinCorp. You can get a Used Car Loan in Patna at attractive interest rates and repay it with easy EMIs spread across a tenure of up to five years.
Let’s look at the features and benefits of used car finance in Patna for private use from Hero FinCorp:
Used Car Loan of Rs 50,000 to Rs 50 Lakh are available for all car brands.
The low Used Car Loan interest rate in Patna keeps your EMIs affordable without inflating costs.
No collateral required for used car finance in Patna; car is hypothecated until full repayment.
Flexible repayment tenure of up to five years lets you choose an EMI plan with affordable instalments.
Instant approval facility makes the loan immediately available, so you don't miss any worthy car on offer.
Although Hero FinCorp has simple eligibility conditions for second-hand car finance in Patna, check and fulfil them before applying to avoid rejection. Here are a few criteria you must fulfil:
18 to 60 years for salaried and 18 to 65 years for self-employed individuals
Indian citizens only
At least one year for both salaried and self-employed applicants
Hero FinCorp has no specific minimum monthly requirement for Used Car Loan applicants.
The documentation requirements vary for salaried and self-employed applicants. Here is a list of documents required for Used Car Loan in Patna:
Duly filled application form, Car's registration certificate
Aadhaar Card, Voter ID Card, Driving License, Passport, Photo ID Card issued by GOI
Driving License, Voter ID Card, Aadhaar 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
Aadhaar Card, Driving License, Voter ID Card, Passport
Driving License, Voter ID Card, Rent or Lease Agreement, Utility Bill, Aadhaar 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
The Used Car Loan interest rate in Patna depends on your credit history, financial obligations, and overall repayment capacity. Here is an overview:
Applying for a second-hand car loan is simple and quick at Hero FinCorp. Follow this simple stepwise procedure to apply for a Used Car Loan in Patna:
Visit the Hero FinCorp website and reach the Used Car Loan page.
Calculate the EMIs using an online EMI calculator.
Enter a few details under the “Apply for a Loan” section.
Enter your business or company name.
Click “Apply Now”.
Our executive will evaluate the application.
Once approved, you will receive the amount in your bank account.
Borrowing a second-hand car loan in Patna offers several benefits, including the following: