CARS24

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Why CARS24?

CARS24 offers quick and easy financing options tailored to used car buyers, with benefits that make used car ownership simple and affordable. Avail benefits like quick eligibility checks, same-day disbursals, flexible EMI plans, loan tenures of up to 6 years, and up to zero down payment options for eligible buyers.

How does it work?

Found a car you want to buy? Visit the CARS24 app or website and click on ‘Check EMI Offers’. You will be prompted to share basic details along with your income and KYC. We will analyse your profile, check your credit score, and let you know whether you are eligible for a pre-approved loan or the lowest EMI on offer, and if you can opt for zero down payment. Once the loan is sanctioned, you can take delivery of your car with your selected loan tenure. Even if you aren’t eligible for zero down payment, don’t worry, you can still pay a minimum down payment and finance your car.

Frequently asked questions

What amount do we have to pay upfront to take car delivery?arrow

On the basis of eligibility, you can avail up to zero down payment options for your used car when opting for a financing through CARS24.

Is this applicable on all the cars?arrow

Financing options are available for all CARS24 inventory listed cars, and can also be opted for individual seller listed vehicles. Dealer listed cars usually come with financing options directly from the dealer themselves.

Is there an eligibility criteria for the customer to qualify for the loan scheme?arrow

CARS24 offers financing to a wide audience, depending on factors like the customer’s profile, which includes their occupation, CIBIL score, income, and other factors.

How can the customer know if they are eligible for the Zero Down payment scheme?arrow

A customer needs to click on “Check EMI offers” on the CARS24 app or website. Here, he/she will need to enter the relevant details - profile, banking and KYC. Basis the assessment, a minimum down payment amount will be shared with customer immediately. Here, if the customer is eligible for Zero Down Payment, then the minimum down payment amount will be shown as zero.
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