USED CAR LOAN

Fast. Secure. Easy.

Get used car loan in few minutes with our 100% paperless process

Features and Benefits

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Upto 100% loan

Upto 100% on-road funding

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RC Transfer

Hassle free RC Transfer and end-to-end Support

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Attractive car loan interest rates

Comparable EMIs with multiple offers

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Quick Approvals

Instant eligibility check and completely digital process

Used Loan Eligibility

You are eligible to avail a car loan if you meet the below criteria

For Salaried Individuals
  • Individuals who are at least 21 years old at the time of loan application and no older than 60 at the conclusion of the loan term.
  • Individuals who have worked for at least two years, including at least one year with their present employer.
For self employed individuals
  • Individuals who are at least 21 years old at the time of application and no older than 65 at the conclusion of the loan term are eligible.
  • Those who have been in operation for at least two years

Documents Required for second hand car loan

For Salaried Individuals
  • KYC documents (Valid Photo ID Proofs)
  • PAN Card
  • Last 2 years ITR as proof of income
  • Salary Slip (latest 3 months)
  • Salary account statement(latest 6 months)
  • Signature Verification Proof
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For self employed individuals
  • KYC documents (Valid Photo ID Proofs)
  • PAN Card
  • Last 2 years ITR as proof of income
  • Salary Slip (latest 3 months)
  • Salary account statement(latest 6 months)
  • Signature Verification Proof

Avail loan in 4 simple steps

1

Submit Your Details

Fill your details on the platform

2

Choose Your Loan Offer

Choose from available offers

3

Complete Instant V-KYC Online

Verify your identity

4

Get Your Loan Disbursed

Submit application

Lending Partners

Frequently Asked Questions

TheMoneyTrunk is a one-stop solution for all your car finance needs. We have partnered with India’s leading financers to help you get a loan to purchase your dream car. We provide you with door-step assistance making the process hassle-free and quick. Just fill the form, check your eligible quotes from our partners and submit the application with us. We will take care of the rest.

Getting your loan approved before finalizing your car has multiple benefits. 1. You save on processing time of the application helping you get faster approval and 2. You get to know your overall loan eligibility based on your budget. This helps you shortlist more cars that meet your eligibility before finalizing one.

Loan amount eligibility depends on the value of the car you are purchasing. You can get a loan upto 90% of the car value. Some lenders even provide upto 100% funding depending on your application. You can get more information about this from our loan consultant after completing the application

Absolutely NOT! Our executive will get the loan agreement and print outs of all the online submitted documents. All signatures and application filling will be done at one go at the time of car release at the dealership.

After your loan application is sanctioned, TheMoneyTrunk helps you in transfer of ownership of the vehicle in your name. To start the process, we get original documents of the vehicle you have purchased, collected and submit it to the RTO on your behalf. The transferred RC is then directly sent to your current address post transfer of ownership and hypothecation addition.