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Apply for Used Car Loans

Rs
+91

Used Car Loan

Give your family the complete experience of owning a brand new car from our used car loan services. Avail used car loan services across different cities with a lower interest rate so that you can own a car without bearing the extra cost. If you already own a car then you can get a refinance option up to 200% on the current value of your car.

Avail Used Car Loan starting with 14%* for tenure up to 5 years.
We believe in complete transparency and make sure that our customers are aware of what they are paying for. To make our services more easy and convenient we assist our customers from application till the time they get the amount they require and not just only that, we believe in after-sales service too! So that we can build a healthy relationship for a very long period and serve our customers in every financial step of their lives.

Benefits Of Used Car Loan

  1. 15+ Product offers
  2. Instant RC transfer
  3. Funding up to 200%
  4. Money transfer within 3 working days.
  5. Loans for all type of cars
  6. Low-interest rate
  7. Convenient repayment option
  8. No extra service charges
  9. Doorstep service delivery
  10. Security and Privacy
  11. Get free financial advice from our expertise

Once you apply for a used car loan at Perfect Money, and if you have a good credit score then the interest rates are determined and the loan amount is directly transferred to your bank account.

1. Salaried:

  1. Age between 21 years to 60 years
  2. Loan maturity tenure up to 60 years
  3. Salary starting with INR 20,000+ (Net Take Home)
  4. Salary should be credited in the bank account

2. For self-employed

  1. Age between 21 years to 65 years
  2. Loan maturity tenure up to 65 years
  3. Business registration
  4. ITR filed

1. KYC - Identity, age, residence and signature proof are needed when applying for a Used Car Loan.

  1. PAN Card
  2. Aadhar Card / Driving Licence / Voter ID / Passport
  3. Local address proof any of above or Electricity bill, Gas bill, Landline bill, Rent agreement, Bank passbook, Mobile bill.

2. Financial Documents - Employment or Business Proof

  1. RC and Insurance of the vehicle
  2. Payslips for the last 3 months in case you are a salaried employee.
  3. IT returns for the past 2 years in case you are self-employed.
  4. Latest 6 months account statement where your salary is credited (in case of salaried people).
  5. Profit and Loss statement and Balance sheet for the last 2 years in the case of self-employed persons.
  6. Sales tax, GST registration certificates, if applicable.