Used Car Loan in Buchireddypalem.
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Get Used Car Finance in Buchireddypalem With Quick Approval.
Buchireddypalem is a small town in the Nellore District of Andhra Pradesh, around 15 km from Nellore City. A part of the Kovur Assembly Constituency, it is located on the state highway of Mumbai and Nellore. Buchireddypalem is famous for its paddy and sugarcane production and extensive aquaculture. Major attractions in and around the town include Sri Kodanda Rama Swamy temple, Kanigiri Reservoir, and DLNR High School. Sri Kodanda Ramaswamy Brahmotsavam, the 11-day festival in March–April, is a major highlight in the town.
If you plan to buy a second-hand car in Buchireddypalem, finance up to 175% of its cost with used car finance in Buchireddypalem from Hero FinCorp. We offer Used Car Loans of up to Rs 50 Lakh, an ample amount to cover the cost of premium pre-owned cars. Let’s find out more about Used Car Loans at Hero FinCorp.
Features and Benefits of Hero FinCorp Second-Hand Car Loan in Buchireddypalem.
If you are planning to borrow a second-hand car finance Buchireddypalem, it’s important to understand its features and benefits at Hero FinCorp. Let’s take a look.
High
Loan Amount
Hero FinCorp offers private finance for used cars in Buchireddypalem up to Rs 50 Lakh.
Attractive
Interest Rate
Hero FinCorp offers a competitive interest rate in Buchireddypalem, starting at 12.5% per annum.
Collateral Free
You don't need to pledge any asset as collateral or liquidate any securities to borrow a Used Car Loan.
Flexible Repayment Tenure
You can choose a repayment tenure of up to five years.
Instant
Approval
Hero FinCorp can quickly approve a second-hand car loan in Buchireddypalem.
Are You Eligible?
Let's Find Out.
Before applying for used car finance in Buchireddypalem, checking the eligibility criteria is essential to get assured approval without unnecessary complications. These include your age, citizenship, work experience, income, etc. At Hero FinCorp, you must fulfil the following eligibility criteria for a used car loan in buchireddypalem:
- •Age: 18 to 60 years for salaried employees; 18 to 65 years for self-employed individuals.
- •Citizenship: Indian citizenship is mandatory for obtaining a second-hand car loan in Buchireddypalem.
- •Work Experience: Minimum one year for salaried in the same job or self-employed in the current business.
- •Monthly Salary: Hero FinCorp has no specific minimum income requirement for used car loans.
Interest Rates on Used Car Loans in Buchireddypalem.
The Used Car Loan interest rate largely impacts your total purchase cost and the EMIs you purchase each month. The higher the interest rate, the bigger the financial liability. You will find the lowest used car loan interest rate in Buchireddypalem at Hero FinCorp. We determine your final interest rate based on several factors, including the following:
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 Buchireddypalem?
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 Buchireddypalem:
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.
A balance transfer is a facility for transferring a Used Car Loan to another bank. In this process, you borrow a new loan to pay off your current loan and pay the new loan’s EMIs according to the revised repayment schedule.
The second-hand car loan in Buchireddypalem depends on your credit history, repayment capacity, DTI ratio, eligibility, down payment, loan tenure, and other factors. So, keep them in good condition to get the lowest Used Car Loan interest rate in Buchireddypalem.
Yes, a balance transfer is a good way to pay off a car loan with easier EMIs.
