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- USED CAR LOAN
Get quick and
hassle-free used
car loan
Unlock the door to your dream car in just a few
minutes with our pre-approved loans!
- Get up to
Down payment - Tenure up to
Months - Interest from
p.a.
Get free CIBIL score with your offer!
Financing byCARS24
Finance your dream car the way you want! Secure a pre-owned car loan with zero down payment, loan tenures of up to 6 years, and up to 100% on-road financing. Say goodbye to the hassles of paperwork—we’ll give you a loan offer in minutes with same day, paperless approval.
Regardless of your profession or background, our loan offers extend to individuals with incomes as low as ₹15,000/month. Get 360° support during the loan process and after, and discover the joy of owning your own car.
Why choose CARS24 loans?
Finance it your way!
Customise EMIs with up to zero down payment and up to 6 year loan tenures starting at 12% ROI
Loan offer in minutes
Check your eligibility and get a loan offer within 2 minutes with minimal documentation
Pan India financing
Coverage across all major indian cities with 15,000+ serviceable PIN codes`
Loans for any car
Get a loan for pre-owned cars up to 14 years of age
Eligibility criteria and documents required
Profile
Indian nationals aged between 21-65 years
Documents
Aadhaar/Passport/Voter ID, PAN and bank statement
Employment
Salaried/Self-employed Monthly income > ₹15,000
CIBIL score
Greater than 650 is recommended
Understand our 6-step loan process
Share basic details
Book a car you love
Share bank statement
Customize your EMI
Verify address and KYC
E-sign loan agreement
EMI simplified! Calculate
your monthly payment
Loan amount₹6,00,000
Interest @12% p.a.+ ₹2,44,560
Total amount₹8,44,560
Our journey so far
1Loan amount disbursed
01Financing partners
100PIN codes covered
01App downloads
Customers love️ our easy loans
Check our loan related blogs
Frequently asked questions
Frequently Asked Questions
What is a used car loan, and how does it work?
What is the maximum loan amount for a used car loan?
What is the average interest rate on a second-hand car?
What is the repayment term for a used car loan?
Can I get a used car loan with a low credit score?
What are some tips for getting approved for a used car loan?
- Make sure you have a good credit score.
- Have a down payment ready.
- Get pre-approved for a loan before you start shopping for a car.
- Shop around and compare rates from different lenders.
Is it possible to apply for a used car loan online?
If you have further questions, please do not hesitate to reach out to us on [email protected]