At LOANCUBES, we are driven by a single mission: to help you drive your dream car. We understand that owning a car is more than just a mode of transportation; it’s a symbol of freedom, independence, and the journey of life. Our commitment is to make this dream accessible to everyone by offering tailored car loan solutions that fit your unique needs.
Compare India's one of the largest used car loan companies, offering tailor-made solutions to fulfill all your requirements on a single platform. We have successful tie-ups with leading financial institutions and leading banks online providing used car loans. Our easy-to-use, hands-on experience website enables you to compare loans online and make a well-calculated, wise choice.
"The overall experience had been quite satisfactory. The loan amount sanctioned was sufficient enough and a nominal processing charge was made by them."
"The process in getting loan did not take much time and they offered me loan with a good interest rate."
"Great customer service and excellent after service support”
Compare India's one of the largest used car loan companies, offering tailor-made solutions to fulfill all your requirements on a single platform. We have successful tie-ups with leading financial institutions and leading banks online providing used car loans.
Apply NowUsed Car Loan is a smart, value-for-money purchase. This loan can be availed for a wide collection of cars. Apply for used car loan online to avail flexible EMI repayment options, and quick disbursal of loans.
Yes, car loan is offered for pre-used cars. But, the interest rate for such a loan would differ from that of a new car. However, the loan would only cover the price of the car itself, other costs as transfer of registration, etc.
A used car loan is a secured loan where you keep your car or any asset that you own as collateral. Therefore, there is no additional collateral requirement apart from this. However, you need to get the RC (registration certificate) of the car endorsed with the bank. This endorsement is cancelled after the repayment of the loan is completed.
The maximum loan amount approved may vary from one bank to another. Usually, banks approve loan amounts that range from 80%–90% of the on-road price of the car.