Acquiring the perfect loan to bring home your dream car can be a pivotal decision. Our used car loan is a tailor-made solution crafted to assist you in financing your desired pre-owned car. With sizable loan amounts and a flexible repayment window, you can rest assured that your borrowing experience will be a smooth ride.
Get the Flexi Loan advantage
The Flexi Loan variant of our used car loan is a notable option worth considering. It is different from conventional loans where you have to pay the fixed EMIs every month. The Flexi Loan is more flexible. It lets you withdraw funds from your approved loan limit as needed, with the freedom to repay the loan when additional funds are at your disposal. You only pay interest on the money that you withdraw from your loan account.
Flexi Loan variants and their benefits
We present two distinctive variants of Flexi Loans: The Flexi Hybrid Loan and the Flexi Term Loan.
The Flexi Hybrid Loan lets you conveniently borrow from your approved loan amount whenever needed, coupled with the option for prepayments at your convenience. During the initial phase of the loan tenure, interest-only EMIs are at play.
The Flexi Term Loan, while akin to a standard Term Loan, permits multiple partial prepayments and withdrawals from the approved loan sum.
Your choice between these alternatives is based on your individual needs and requirements. If you are seeking a loan that relaxes the initial EMI burden, while also providing the ease of multiple withdrawals and prepayments, the Flexi Hybrid Loan seamlessly aligns with what you are looking for.
Used car finance with its Flexi Loan feature is a hassle-free route for individuals eager to own their desired used car. The additional perks of adaptability and reduced interest rates make this a sound financial product for any prudent individual.
