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Vehicle & Asset

Used Car Loan

Finance pre-owned cars up to 10 years old.

Interest rate
11% – 18% p.a.
Loan amount
Up to 85% of valuation
Tenure
Up to 5 years
Processing fee
1% – 2.5%

Eligibility

  • Car not older than 10 yr at maturity
  • Valid RC, insurance

Documents required

  • KYC, income proof
  • Car RC, valuation report
  • Seller agreement

Best for: Buyers wanting newer-model used cars from organised sellers.

Insider tip: Buy from a certified pre-owned dealer — easier loan approval.

Why apply through Moneymax Fingrow

  • 19 years of lending expertise and ₹1,048 Cr+ disbursed.
  • 48+ banks & NBFCs compared in a single application.
  • Doorstep document pick-up across Chennai, Bengaluru, Hyderabad and Mumbai.
  • Transparent fees, lowest negotiated rates, end-to-end handholding till disbursal.
Moneymax

Ramesh K. from Chennai got Business Loan of ₹38,00,000

Sanctioned via Moneymax • 2 minutes ago