Used Car Loan in Kerala
In Kerala, whether it’s the busy streets of Kochi, scenic Wayanad, or coastal Kovalam, having a car is essential. But a new car can be costly—that’s where a used car loan comes in. With the growing demand for pre-owned vehicles, used car loans offer a practical, affordable way to own your ride without draining your savings.
Paperless
15 minute disbursal
No collateral
Shopping Loan Amount Limit
Total Interest Payable
Total Amount Payable
Features & Benefits of Used Car Loan in Kerala
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 Kerala
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Instant Disbursal: Get funds of approval within 24–48 hours
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Fully Digital Process: Apply online with zero paperwork or branch visits
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High Loan Amounts: Borrow up to ₹10 lakhs depending on eligibility
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Flexible Tenures: Repayment terms ranging from 1 to 7 years
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No Collateral Required: Unsecured loans with no asset pledge
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Transparent Charges: Competitive interest rates with no hidden costs
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Prepayment Option: Foreclose your loan after 6 EMIs at minimal charges
Eligibility Criteria to buy a Used Car Loan in Kerala
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Age: 21 to 55 years
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Employment: Salaried or self-employed with a steady income
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Income: Minimum monthly income of ₹15,000
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Work Experience: At least 12 months of total work experience
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Credit Score: Preferably 700+ (lower scores may still be considered)
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Residency: Indian citizens residing in Kerala
How to Buy a Used Car Loan in Kerala with Finnable?
Customers looking to buy Used Car Loan in Kerala 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.
