Used Car Loan in Chevella.
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Estimate your monthly outflow and adjust your tenure with ease using our EMI Calculator. Plan confidently and borrow smartly.
Get Used Car Finance in Chevella With Quick Approval.
Nestled in the picturesque Rangareddy district of Telangana, Chevella City offers a delightful blend of natural beauty and industrial prominence. Here, you'll find the serene Ananthagiri Hills, a haven for trekking enthusiasts and nature lovers alike. And let's not forget about the breathtaking Osman Sagar Lake, also known as Gandipet, where scenic views and water activities await.
Chevella isn't just about nature; it's a bustling hub of diverse industries, with agriculture, poultry farming, and textiles playing pivotal roles in the local economy. The city's numerous poultry farms and textile mills provide ample employment opportunities and contribute significantly to its economic growth.
But that's not all. Chevella also boasts a rich cultural heritage, with historic temples and landmarks adorning its landscape. Among them is the revered Ramalingeshwara Temple, dedicated to Lord Shiva, drawing devotees and tourists alike.
With its blend of natural splendour, thriving industries, and cultural treasures, Chevella City offers a unique tapestry of attractions and opportunities for residents and visitors alike.
Features and Benefits of Second-Hand Car Loan in Chevella.
Explore the perks of Hero FinCorp's second-hand car loan in Chevella, designed to offer convenience and flexibility for your car purchase needs.
Generous
Loan Amounts
Hero FinCorp provides loan amount up to Rs 5 Lakh.
Competitive
Interest Rates
Get affordable and manageable car loans with competitive interest rates.
No
Collateral Required
Hero FinCorp offers collateral-free loans.
Flexible Repayment Options
Hero FinCorp offers flexible tenure options.
Swift
Approval Process
Experience swift loan approval with Hero FinCorp's efficient systems.
Are You Eligible?
Let's Find Out.
Discover the eligibility requirements for an instant second-hand car loan in Chevella and kickstart your car-buying journey hassle-free.
- •Age: Applicants must be at least 18 years of age.
- •Citizenship: Eligibility is extended to Indian citizens residing in Chevella.
- •Work Experience: Minimum work experience of one year for both salaried and self-employed.
- •Monthly Salary: There is no minimum monthly income criteria.
Interest Rates on Used Car Loans in Chevella.
Here is the list of fees & charges for a Used Car Loans in Chevella:
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 Chevella?
Availing of a used car loan in Chevella is a straightforward process. Follow these steps to apply:
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.
Lenders in Chevella typically charge a processing fee ranging from 0.5% to 4% of the loan amount. The processing fee covers administrative expenses related to loan processing, documentation, and verification. Some lenders may offer promotional waivers or discounts on processing fees, so it's recommended to inquire about such offers while applying.
The financing percentage for Used Car Loans in Chevella can be up to 90% of the car's value. The exact percentage depends on factors like the condition of the car, and the borrower's age and creditworthiness. Borrowers may need to make a down payment to cover the remaining percentage of the car's value not financed by the loan.
In Chevella, used car loans typically range from a minimum of Rs 50,000 or Rs 1 Lakh, depending on the lender, to a maximum of Rs 50 Lakh, determined by the borrower's eligibility, income, and the specific lender's policies.
