At LOANQUBES FINANCIAL SERVICES PRIVATE LIMITED, we are driven by a single mission: to help you drive your dream car. We understand that owning a car is more than just a mode of transportation; it’s a symbol of freedom, independence, and the journey of life. Our commitment is to make this dream accessible to everyone by offering tailored car loan solutions that fit your unique needs.
A Used Car Loan is a wise, value-for-money investment that opens the door to your dream car. At LoanQubes, we understand that not everyone is looking for a brand-new vehicle. With our Used Car Loan, you can explore a vast collection of pre-owned cars, making the car of your dreams more attainable than ever.
Our LoanQubes Used Car Loan is immensely pocket-friendly for our valued customers. It’s not just about financing; it’s about simplicity, transparency, and a hassle-free experience. We’re committed to making your journey to car ownership
One of the standout features of our LoanQubes Used Car Loan is the low interest rates we offer. We understand that interest rates can significantly impact your financial commitment, and we’ve designed our loan to be a big gift to buyers by keeping those rates competitive. as smooth as possible.
In order to find out if you meet our Used Car Loan Eligibility, you have to fulfill few conditions after which we will process your loan application:
⦁ One must be Salaried or a Self-employed professional over the age of 21 years
⦁ Maximum age at the time of loan maturity should not be more than 65 years.
⦁ Must be a salaried individual, self-employed person, a proprietorship or partnership firm, a public sector undertaking, a private company, person currently employed in the agriculture sector or dependent industries.
⦁ Two years’ work experience with minimum 6 months with current employer.
⦁ In order to qualify for an old car loan, and if the applicant is a salaried individual, the net annual income of the said applicant and/or co-applicant together should not be lesser than Rs.3,00,000.
⦁ If the applicant is a self-employed individual, proprietorship or partnership firm, then the net profit or total taxable income of said applicant and/or co-applicant together should not be lesser than Rs.4,00,000* per annum.
⦁ If the applicant is an agriculturist, the net annual income of the said applicant and/or co-applicant together should not be lesser than Rs.4, 00,000 per annum.
⦁ The car you want to buy should be not older than 10 years.
Below mentioned are the common documents which are required for applying online for Used Car Loan:
USED CAR LOAN AVAILABLE UPTO 200% of YOUR CAR VALUE
(Even if your car is already Financed)
1) Cheaper than any Business Loan/ Cash Loan
2) Best Rate of Interest
3) Flexible EMI
4) Minimum Documentation
5) Fastest Processing
6) Quick Disbursals
7) Loan available from All Leading Banks
8) Overdraft(OD) Facility against car also available
Copy of your Salary account bank statements for the last 3 months For Self Employed
Loan Application Form duly filled
with 2 photographs.
Copy of your Ration Card/ Electricity Bill/ Passport
Latest six months
Bank statement
You can check your Pre-Owned Car Loan eligibility as well as you can check your EMI payable as per your budget online through Used Car Loan Calculator. It is simple to use and results are generated within a second. You get your Used Car Loan EMI as well as the complete chart for the entire tenure within no time at all.
Compare online India’s largest Used Car Loans Online before applying only at a single platform. We have successful tie-ups with leading financial institutions and leading banks online providing car loans. Our easy hands on experience website enable you to compare loans online and make a well calculated wise choice.
"The overall experience had been quite satisfactory. The loan amount sanctioned was sufficient enough and a nominal processing charge was made by them."
"The process in getting loan did not take much time and they offered me loan with a good interest rate."
"Great customer service and excellent after service support”