Used Car Loan in Hyderabad

Used Car Loan in Hyderabad

The city of Pearls, Hyderabad is one of the fastest developing cities in India, and has become one of the largest tech hubs in the country. Suffice to say, the city’s population is increasing, as is its people’s need for personal vehicles. To fulfil this need, HDFC Bank offers new and Used Car Loans in Hyderabad. You can apply for the HDFC Bank’s Xpress Pre-owned Car Loans and bring home a pre-loved car.

Features and Benefits of HDFC Bank’s Xpress Pre-owned Car Loan

The following are the salient features and unmatchable benefits of obtaining used car finance in Hyderabad from HDFC Bank:

· Extensive Financing
Whether you want an ordinary car or a luxury one on a loan, we’ve got you covered. You can obtain 90% financing and up to ₹10 Lakhs as the loan amount.

· Flexible Loan Tenures
No need to hurry with repaying your loan. We offer tenures lasting up to 84 months in which you can comfortably pay off your loan in affordable instalments.

· Instant Loan approval
Did you know that HDFC Bank can help you get used car finance in Hyderabad at lightning speeds? You can enjoy loan approvals within 30 minutes.

· No Documentation
Enjoy a hassle-free application journey, with no necessity for documentation processes.

· Apply Digitally
Apply for an HDFC Bank Xpress Pre-Owned Car Loan from anywhere.

Eligibility Criteria For Used Car Loans In Hyderabad

You must fulfil the following eligibility requirements to get used car private finance in Hyderabad:

· Age limit: 21- 60 years for salaried, 21-65 for self employed.
· Employment: You can be a salaried professional or a self-employed individual.
· Income: Your gross annual income should be at least ₹250,000 per annum.
· Credit Score: You must show an excellent credit score of 730+. Get the detailed, category-wise eligibility criteria here.

Steps to Apply For an Xpress Pre-owned Car Loan With HDFC Bank

Follow these steps for a hassle-free loan application via HDFC Bank:

1. Go to HDFC Bank’s website, under ‘Borrow’ and select ‘Pre-Owned Car Loan.’
2. Click on ‘Apply Online’. You will be redirected to the Xpress Car Loan application page.
3. Click ‘Pre-owned Car’> ‘Apply for Loan'.
4. Enter your mobile number and verify it with an OTP.
5. Enter the requested personal and employment details, email ID, contact number, etc., and click on ‘continue.’ You will receive an in principal approval.
6. Add the car and dealer details on the next page.
7. Submit your KYC online and complete the application process.

Getting a Used Car has just become easier with HDFC Bank’s Xpress Car Loans. Apply for the loan online to enjoy effortless, instant disbursals.