Used Car loan
We at SOLE CAPITAL offer loans for a wide range of used cars including hatchbacks, premium hatchbacks, sedans, MUVs, and SUVs of varied vehicle brands.
Flexible Payment Options For SOLE CAPITAL Used Car Loan Customers
Payment through Cash
Payment through ECS
Payment through Cheque
Fast Processing
Get your loan processed in less than 4 hours, and drive the car out of a dealership.
Upto 175% Used Car loans*
We finance used Cars up to 175% of the value of the car
Minimal Documentation
Used Car Loans up to 70% to 100% of total value based solely on your KYC and bank documents
Salient Features of SOLE Capital Car Loans
Competitive Car Loan Interest Rates.
Flexible documentation and quick processing.
End-to-end doorstep service
Car Loans for personal and commercial-use cars or utility vehicles, both new and used.
Flexible Loan payment options- in monthly auto debit, ECS (Electronic Clearing Services) or PDC’s (Post Dated Cheques).
Maximum Car Loan eligibility – Option to borrow up to three-times your annual salary (for salaried professionals) or six-times your annual income (for self-employed professionals).
Easy loans (without income documents) for existing SOLE Capital customers with good repayment records for 12 months or more.
ELIGIBILITY FOR SALARIED CUSTOMERS SHOULD
Be employed by the same employer for at least two years.
Be at least 21-years-old at the beginning of the car loan tenure and under 60-years-old or retirement age, whichever is lower, at the end of the loan tenure.
Have an annual salary of at least Rs. 1,50,000.
Have residential stability for at least one year.
ELIGIBILITY FOR SELF EMPLOYED CUSTOMERS SHOULD
Have been in the same business for at least two years.
Be at least 21-years-old at the beginning of the loan tenure and under 65-years-old at the end of the loan tenure.
Earn at least Rs. 1,00,000 per year.
Have residential stability for at least one year
Residential Stability: 2 Years
Employment Stability :1 Year
Monthly Income: 15,000/- or above
*Documentations may vary from scheme to scheme