Used Car Loan
Drive Your Dream Car with Our Easy Used Car Loan Options
Get the keys to your dream car with our simple and flexible used car loan solutions. Competitive rates, quick approval, and minimal documentation make your car buying process hassle-free.
Key Highlights of Used Car Loan
Get quick, hassle-free Used Car Loan with low rates and flexible repayment.
| Criteria | Details |
|---|---|
| Buyer Qualification | Must qualify for a used car loan |
| Seller’s Loan | Seller’s loan must be closed or refinanced |
| Document | Details |
|---|---|
| Seller’s RC | Required |
| Seller’s Insurance | Required |
| Loan Closure Letter | Required |
| NOC from Seller’s Financier | Required |
| Document | Details |
|---|---|
| Buyer’s KYC (PAN, Aadhar) | Required |
| Buyer’s Bank Statement | Required |
| Buyer’s Income Proof | Required |
| Sale Agreement | Required |
| RTO Form 29, 30, 35 | Required |
Our testimonials
What Our Happy Customers Say
Real stories from real people who trusted MBFC CAPITAL for their loan needs.
MBFC CAPITAL made my dream of owning a new car come true. The process was fast, and the team was very helpful from start to finish
Customer- Car Loan
I got the best deal on my used car loan. Minimal paperwork and quick approval—MBFC CAPITAL truly delivers!
Customer- Used Car Loan
Thanks to MBFC CAPITAL, I easily got a loan against my property for my business needs. Transparent service and smooth process.
Customer- Loan Against Property
Frequently Asked Questions
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Yes, MBFC Capital offers quick and easy used car loans.
Q2: What documents are required from the seller?
RC, insurance copy, loan closure letter (if applicable), and sale agreement.
Q3: What income is required for approval?
Minimum income of ₹15,000/month with a stable job or business.
Q4: How much funding is provided for a used car?
Up to 90% of the car’s value, depending on its age and condition.
Q5: Can I get a top-up on my used car loan?
Yes, top-ups are available based on your repayment history and eligibility.
Get The Best Loan to Make Your Dreams Come True
Talk to our experts for a FREE consultation and smooth guidance through your loan approval process.