Used Car Loan in Kerala

Used Car Loan in Kerala

Although it is known as the land of backwaters, the state of Kerala is also renowned for having the highest literacy rate in India. This means a majority of its educated population belongs to the workforce, resulting in a high purchasing power. To make it easy for Keralites to afford cars, HDFC Bank offers new and pre-owned car loans. You can easily apply for Xpress Pre-Owned Car Loans in Kerala online through HDFC Bank’s Xpress Pre-Owned Car Loan offering.

Features and Benefits of HDFC Bank Xpress Pre-Owned Car Loan:

​​​​​​​You can take advantage of the following features and benefits upon applying for HDFC Bank’s Xpress Pre-owned Car Loan Loans in Kerala.

· 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 Kerala 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 Kerala

Here’s the criteria to be deemed eligible for a Used Car Loan in Kerala:

CriteriaRequirement
Age Limit21- 60 years for salaried, 21-65 for self employed
EmploymentSalaried and Self-Employed Individuals
Minimum Annual Income₹250,000
Minimum Credit Score 730+

*Get the detailed, category-wise eligibility criteria here.

· Steps to Apply For an Xpress Pre-OwnedCar Loan in Kerala Via 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. Select ‘Pre-owned Car’.
4. Click on ‘Apply for Loan'.
5. Enter your mobile number and verify it with an OTP.
6. Enter the requested personal and employment details, email ID, contact number, etc., and click on ‘continue.’ You will receive an in principal approval.
7. Add the car and dealer details on the next page.
8. Submit your KYC online and complete the application process.

As you can see, it’s that easy to obtain a Used Car Loan in Kerala. So what are you waiting for? Apply for HDFC Bank’s Xpress Car Loans to become a car owner today.

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