Used Car Loan in Anantapur.
Calculate Your EMI
Estimate your monthly outflow and adjust your tenure with ease using our EMI Calculator. Plan confidently and borrow smartly.
Get Used Car Finance in Anantapur with Quick Approval.
Anantapur is a city brimming with heritage and lively city life. Its picturesque sceneries and storied past attract locals and tourists alike, offering a charming blend of history and modernity. Anantapur's appeal is undeniable whether you're a resident enjoying the city's bustling atmosphere or a traveller exploring its scenic beauty.
Owning a car is a better option for making transportation within the city easier. However, if buying a new car seems stressful, you should prefer a pre-owned vehicle in Anantapur. You can choose a sedan for occasional driving or a hatchback to quickly get through the city's bustling streets on a daily basis.
Hero FinCorp offers used car finance in Anantapur with competitive rates and flexible repayment tenures, helping city residents effortlessly realise their automotive dreams.
Features and Benefits of Hero FinCorp Second-Hand Car Loan in Anantapur.
The advantages of Hero FinCorp's Used Car Loan in Anantapur stand out, offering flexibility and convenience tailored to your needs.
High
Loan Amount
Secure financing ranging from Rs 50K to 50 Lakh.
Attractive
Interest Rate
Hero FinCorp offers a competitive Used Car Loan interest rate starting from 12.5% per annum.
Collateral-Free
Obtain financing without collateral.
Flexible Repayment Tenure
Benefit from flexible repayment tenures of up to 5 years.
Instant
Approval
Experience quick loan approval processes within 24-48 hours.
Are You Eligible?
Let's Find Out.
With the growing popularity of pre-owned vehicles, Hero FinCorp has introduced instant second-hand car finance in Anantapur to cater to this growing market. However, prospective buyers must understand the eligibility criteria for used car loans.
- •Age: Applicants should be at least 18 years of age.
- •Citizenship: Indian citizenship is a prerequisite.
- •Work Experience: One year of work experience for both salaried and self-employed individuals.
- •Monthly Salary: At Hero FinCorp, we do not have predefined minimum monthly income criteria.
Interest Rates on Used Car Loans in Anantapur.
Here is a list of Fees & Charges for Used Car Loans in Anantapur:
Pre-Owned
Car Loan Interest Rates
Starting from 12.5% to 26%
Loan
Amount
Rs 50,000 (Min) – Rs 50,00,000 (Max)
Loan
Tenure
12 Months (Min.) – 60 Months (Max)
Loan
Processing Fees
0.5% - 4%
Prepayment
Charges
5% on Principal outstanding (additionally interest up to 6 months for foreclosures within 6 months from date of disbursement)
Other
Charges
As applicable
How to Apply For a Pre-Owned Car Loan in Anantapur?
The application procedure is quick, straightforward, and completely digital at Hero FinCorp. These are the simple steps to apply for used car private finance in Anantapur:
Visit our Used Car Loan page.
Enter the required loan amount, interest rate and tenure in the EMI calculator. It will give you an estimate about the EMI you have to pay.
Under “Apply for a Loan”, provide the correct personal and professional details along with your mobile number and OTP received.
Then agree to the Terms & Conditions by ticking the checkbox and click on “Submit”.
The latest news.
FAQs.
The best interest rate for a used car loan is 12.50% per annum, which can be obtained through Hero FinCorp.
Yes, Hero FinCorp extends complete financial coverage for used car purchases, providing 100% finance to purchase your desired vehicle.
With a monthly salary of Rs 25,000, you could qualify for a car loan of approximately Rs 3,75,000 based on lenders' standard multiplier methods, your creditworthiness, and other factors like FOIR and job stability.
The cheapest car loan depends on various factors, such as interest rates, processing fees, and eligibility criteria. Hero FinCorp offers competitive interest rates for used car loans starting from 12.50% per annum, making it an affordable option for borrowers.
