Used Car Loan in Chennai
Buying a car is a milestone that reflects Chennai’s unique blend of tradition and modernity. Just like the city, a used car offers the perfect mix of reliability and affordability. With new car prices rising, a pre-owned vehicle is a smart, budget-friendly choice. Finnable’s used car loan in Chennai helps you finance your dream car with easy EMIs and quick approvals.
Paperless
15 minute disbursal
No collateral
Shopping Loan Amount Limit
Total Interest Payable
Total Amount Payable
Features & Benefits of Used Car Loan in Chennai
Low EMI’s
Enjoy lower EMIs with interest charged on the reducing balance method. As opposed to a Flat rate of interest, reducing balance ensures the EMI amount remains low.
Quick Disbursal
Enjoy the convenience of fast processing and quick approval, with funds directly credited to your bank account.
Flexible Loan Amount and Tenure
Choose a loan amount and repayment tenure that best fit your needs and financial capabilities.
Personal Loan Assistant
Please write to your loan assistant at makeiteasy@finnable.com for any support. We aim to provide you with a seamless and hassle-free experience.
Why should you buy Used Car Loan in Chennai
- Quick Disbursal: Funds are credited to your account within 24–48 hours of approval
- 100% Online Application: Complete the entire process from the comfort of your home
- Higher Loan Amounts: Borrow up to ₹10 lakhs depending on your profile
- Tenure Flexibility: Choose repayment terms between 1 and 7 years
- No Collateral Needed: Fully unsecured loans, no asset pledging required
- Clear Pricing: Transparent charges without hidden costs
- Easy Prepayment: Option to close your loan early after 6 EMIs with minimal fees
Eligibility Criteria to buy Used Car Loan in Chennai
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Age Requirement: Applicants must be between 21 and 55 years old
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Employment Status: Salaried and self-employed individuals with regular income
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Minimum Income: ₹15,000 net monthly salary required
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Work Experience: At least 1 year of overall work experience
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Credit History: A score of 700+ is preferred (lower scores may still qualify)
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Residency: Must be a resident Indian living in Chennai
How to Buy a Used Car Loan in Chennai with Finnable?
Customers looking to buy Used Car Loan in Chennai need to follow the below steps
Setup Profile
Sign up with your name, email, and mobile number. Verify your mobile number with an OTP and fill in your address and job details.
Choose Your Loan
Pick the loan amount you need, select the product, and choose a repayment period that suits you.
Upload Documents
Upload your ID proof, income proof, and address proof. Make sure the documents are clear, then submit them for verification.
