Kolhapur is one of the most important regions in Maharashtra which had its history in the Maratha Empire. Apart from its historic importance, they also have a lot of manufacturing impact all over the country. The handicraft industry gives a lot of employment and hence there are a lot of people that relocate to Kolhapur. This place also has a lot of tourist attractions which ensures footfalls in the city. Travel is an issue in this packed city as there are many people who want to travel and fewer options. Purchasing a new vehicle means a lot of funds are required. Hence we found a solution that can help solve all of your travel problems away. This specific solution is “Used Car Loan in Kolhapur”. With a used car loan, a person in Kolhapur can purchase a second hand car. The loan is only for a maximum of 7 years* and since this is a secured type of a loan, the rate of interest is lower than all the other loan types. Judging on your credit profile and the car’s condition, you can get up to 85-90%* of the car’s value as the loan amount.
There are many reasons to take a Used Car loan but only few of them are the most important ones. These reasons will help the person make the decision of purchasing a used car in Kolhapur via taking a loan.
Low budget is why people would opt for a second hand car instead of a new car. People cannot take a new car usually as it does not fit their budget. Hence they would opt for a second hand car.
No one likes to settle for a car which they do not like. In a new car, they would have to settle plainly because the cost for cars with better features is very high. But when you opt for a used car loan, you can choose better cars and get lower rates as these cars have already been used earlier. Hence you can get a better deal and save on money.
In Kolhapur, Banks and NBFCs are providing used car loans in Kolhapur throughout the whole city. This loan is easily available and any income class person can apply for the loan as per their requirements. Making the used car loan easily available is to ensure that customers can get to purchase their cars as per their preference.
When a Bank finds out that an individual requires a used car loan in Kolhapur they can provide them with the loan as soon as the individual clears the eligibility criteria. These criteria are set by the Bank as per the income class of the individual. These people can be salaried class or from the self employed class which include businessmen and professionals. But with each bank having their own set of criteria, we believe that the individuals might be confused and hence to clear this confusion, we have created a list of eligibility criteria that is similar for both; salaried class and self employed class. To begin with, a person must have these 3 criteria set;
The person must have these 3 requirements in order to apply for a used car loan application in Kolhapur. But these are not the only requirements. There are many more such requirements. This is divided into salary and self employed professionals;
Banks and NBFCs in Kolhapur require a lot of documents when an applicant applies for a used car loan. Yes, these documents are required because the Bank requires calculating their eligibility. This is when they decide if the person is credit worthy. Hence the list of documents is more. But these are separated as per the different income classes; salaried or self employed professionals. Also so as to help the customer with most of the documents, we have created a list with all documents needed to get you kick started with the used car loan process in Kolhapur.
You can choose Ruloans in order to take a used car loan in Kolhapur because we have been one of the leading loan distributors in India. With a PAN India presence in over 500 cities, we understand our customers like no one else does. We have been serving our customers well and have always helped them borrow right. Our motto is to provide them with the best services that are much more than money. With this attitude we have worked well in India and have now expanded in Dubai via operations of credit cards. Keeping in mind about used car loans, we have developed 5 prime reasons why applying via Ruloans is your best choice;
Loan applications can be lengthy and hence it’s a long process. The time it takes right from applying to finding all the documents takes is a lot. Hence customers might get irritated due to such tedious process. In order to eradicate such a situation we have created a hassle free process where the work can be completed in a faster manner.
There are multiple benefits of applying with us. One of them is our vast experience in the loan field. This helps us in providing you with the best services for every request of yours.
Everyone has to go check different websites to understand the loan interest rates being offered by different banks. But with Ruloans web portal you can check and compare interest rates being offered by different banks. Hence this can help you get the best deal.
With the amount of experience our staff has, giving expert guidance and advice is important and we vouch on our staff as they always give the best advice to the customer. This can be beneficial to all the customers who require the right answer to their problems.
Privacy in today’s time is very sensitive and hence we ensure that our customer’s information is not tampered with in any ways. We give a lot of importance to our customer’s data.
It is not mandatory to apply for a bank account before taking a loan from it. But if you have an account with the bank, you become eligible for a relationship discount. Some banks also provide you additional services along with relationship discount.
Yes, you can track your application via SMS and email. We also provide the facility to track your application on our website via login menu.
For your loan-related queries, you can call our representative on 1800 2667576 or mail us at email@example.com