Old Car Loan in 30 minutes

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Car Loan for Second-hand Car

  • Max loan amount
    Max Loan Amount
    Up to 90% finance
  • Minimum processing fee
    Minimum Process fee*
    Reduce your EMI burden
  • car loan instant approval
    Get Instant Approval
    Fast, Secure and Paperless Process
vehicle loan
INR 500 /-
Web Online CA Fee
28-Feb-2025
Complete By*
Web Online CA is the largest and most trusted digital services platform

What is Car Loan?

If you wish to purchase a Pre-owned car, apply online for a used car loan and get the maximum loan amount with easy documentation, instant approval, and quick Loan disbursal. Avail a Used Car Loan with an attractive interest rate and repayment tenure of up to 7 years.

old car loan

Features of Our Old Car Loan

  1. Get a 100% loan amount for a pre-owned car
  2. Maximum loan tenure is 60 months
  3. No hidden charges
  4. No guarantor/ security required
  5. Only KYC documents required
  6. Check pre-approved offer on a used car loan by entering your mobile number and OTP
  7. Super quick disbursal
  8. Easy EMI repayment options
features and benefits of old car loan

Need Assistance?

customer support
Customer Support

+91 7413 826826

get in touch
Get in touch

support@webonlineca.com

Old Car Loan Eligibility Criteria

Anyone can apply for a old car loan, you need to meet the below criteria

  1. Nationality: Resident Indian
  2. Age: 21 to 60 years
  3. Employement:

    For salaried: Minimum 2 years of experience and Must earn minimum Rs 2 lakh per annum.

    For self-employed: Minimum 4 years of business continuity and Must earn minimum Rs 1.75 lakh per annum

  4. Cibil Score: 750 or above
Apply Now
old car loan eligibility criteria
quick processing

Quick processing

No foreclosure charges

No foreclosure charges

Clear transparency

Clear transparency

No hidden charges

No hidden charges

Document required for pre-owned car loan

Make your application process smooth by keeping these documents handy:

  1. KYC documents: Any one of the following documents can be submitted
    1. PAN Card
    2. Aadhaar card
    3. Passport
    4. Driving license
    5. Election / Voters identification card, NREGA Job card signed by the officer of the State Government
    6. One Passport Size Photograph
  2. PAN Card - For Company/Firm/Individua
  3. Latest Salary Slip of 2 months
  4. Bank statement of the previous 3 months
  5. Registration Certificate and Insurance copy of the vehicle

How to apply for an old car loan online

Make your application process smooth by keeping these documents handy:

  1. Fill a simple online old car loan application form
  2. Fill your basic details such as name, mobile number and car details
  3. Submit the required documents
  4. Enter the loan amount that you need for your car
  5. Once done, you will receive a call from our team and guide you on the next steps
  6. The loan amount will be disbursed in your bank account after document verification
Apply Now
Quick approval

Quick approval

Maximum finance

Maximum finance

collateral free

Collateral free

Minimum documents

Minimum documents

FAQs About Car loan

What is a Second-Hand Car Loan?

We offer a maximum loan amount to purchase your dream car with a flexible repayment tenure ranging from 12 months to 60 months.

How can I get a Second-Hand Car loan?

You can get a Second-Hand car loan from Web Online CA website. Fill out our online Old Car Loan application form with your basic details and submit your application. Once done, you will receive a call from our team and guide you on the next steps. The loan amount will be disbursed in your bank account after document verification.

What are the requirements to get a Second-Hand Car loan?

  1. KYC documents: Any one of the following documents can be submitted
    1. PAN Card
    2. Aadhaar card
    3. Passport
    4. Driving license
    5. Election / Voters identification card, NREGA Job card signed by the officer of the State Government
    6. One Passport Size Photograph
  2. PAN Card - For Company/Firm/Individua
  3. Latest Salary Slip of 2 months
  4. Bank statement of the previous 3 months
  5. Registration Certificate and Insurance copy of the vehicle

Do I need a guarantor to avail of a pre-owned car loan?

No, you do not need a guarantor for a pre-owned car loan. However, if your income does not meet our eligibility criteria, then you may require a guarantor or co-applicant as a security for your loan.

What is the interest rate for a pre-owned car loan?

Pre-owned car loan interest rates starts at 10%* p.a

How much time to process a pre-owned car loan?

When you apply for a pre-owned car loan with Web Online CA, you will receive the funds within 24 hours*.

What are the tax benefits on car loans?

There is no tax benefit on your second-hand car loan if you are purchasing a car for your personal use. You might get some tax benefits if you are self-employed and using the car for business purposes.

What are the charges for Old Car Loan?

Charges associated with an old car loan include processing fees, prepayment charges, late payment charges and cheque bounce penalties (if applicable).

What are the foreclosure charges?

Foreclosure charges are also 4% to 6% of the principal outstanding.