About Used Car Loan

  • Ravi Fincorp Financial Services offers loans for a wide range of used cars including hatchbacks, premium hatchbacks, sedans, MUVs, and SUVs of varied vehicle brands.
  • Loans for the purchase of used cars
  • Loan up to ₹10 Lacs.
  • Loan tenure up to 36 months
  • Lowest interest rate for the product.
  • Hassle-free loans at the quick turnaround time

Basic Eligibility Criteria

Customer Profile:

    • Salaried
    • Self Employed Non-Professionals (SENP)
    • Professionals

Age:

    • Between 21 to 65 years

Residential Stability:

    • 2 Year

Employment Stability:

    • 1 Year

Documents For Used Car Loan

  • Photograph: Latest Color Photograph
  • Identity proof(Any One): Voter Id Card / Aadhar Card / PAN Card / Driving License / Passport
  • Age Proof(Any One): Voter Id Card with DOB / Aadhar Card / PAN Card / Driving License / Passport / Government-issued document with DOB
  • Signature Verification: Bank Signature Verification
  • Address Proof (Any One): Electric Bill / Tax Bill / Water Bill / Gas Bill / Fixed Line Telephone Bill  Post Paid Mobile Bill
  • Ownership Proof (Any One): Electric Bill / Tax Bill / Water Bill / Possession Letter or Sale Deed with Latest Utility bill
  • Income Proof (Any One):
    1. For SENP/ Professionals: Shop Establishment Certificate / Sales and Purchase Bills / ITR / Financials with all schedules of last 3 Years
    2. For Salaried Applicants: Salary Slip of last 3 Months / Form 16 / TDS Certificate
    3. For Farmers: 7/12 & 8A Extract with milk income proof
  • Bank Statement: Last 6 months Bank statement of all bank accounts