• Choose loan Amount

    Pick the loan amount as per the need and convenience and proceed to the next step.

  • Decide Loan Tenure

    Based on the amount of loan, pick you best loan tenure.

  • Calculate Loan EMI

    Calculate your monthly EMIs based on the loan amount applied for.

Used Car loan EMI Caculator

Loan Amount
Tenure (Months)
Interest Rate

Equated Monthly Installment (EMI) will be 55,000

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  • Overview
  • Features and Benefits
  • Eligibility & Documentation
  • Interest Rates and Charges


Used Car Loan

Getting a car is always the most priced thing in anyone’s bucket list, but due to lack of resources and funds, it is hard to make this dream come true. For most of the first-time buyers, in case, if they do not have a complete control on their driving, they prefer a second-hand car purchase. The second-hand car purchase gives them enough room to learn and be a pro, thereafter, they look for that heavy luxury investment on a new car. Whereas, on the other hand, for some families, getting a new car means compromising on the budget, and those big EMIs on a brand-new car purchase.

But, not anymore, as VIG K Finance is offering loans on used cars as well. Therefore, it is not wise to make your dreams of driving wait, as these car loans are available at a very competitive interest rates with instant disbursal promise.  Even the repayment method is flexible and easy to follow and practice.

Used Car Loan

Features and Benefits

Used Car Loan – Features & Benefits
  • Maximize Your Borrowings: The advantage of borrowing from INR 1000 to INR 15,00,000.
  • Very Fast Loan Disbursal: The loan disbursal takes just 72 hours.
  • No Pledging: It is not necessary to pledge the car or make it act like a collateral for the used car loan.
  • No Hidden Charges: Completely transparent lending with no added or hidden charges.
Used Car Loan

Eligibility & Documentation

  • Age proof
  • ID proof
  • Application form
  • Photograph
  • Residence proof
  • Income proof
  • Bank statement
  • Pro-forma Invoice or Rate List
  • Aadhar card copy
  • Car Valuation Report.
Used Car Loan

Interest Rates and Charges

  • Depends upon documents, credit score and credit history
Why Choose VIG K Finance for Used Car Loan?

VIG K Finance has a track record of handling the tough loan processes and debt funding and debt structuring. VIG K Finance should be on your preferred choice list because of these three reasons:

  • LTV value of 100% in some rare cases.
  • Very attractive interests on car loans
  • Very few paperwork
  • Do I need a guarantor?

    In most cases, it is not required. But, if your income is not meeting the eligibility criteria of the loan, you need to have a guarantor to promise the payment, in case you default.

  • What are the loan tenure options?

    It can be from 12 months to 60 months, as per your will.

  • How much finance can I avail of?

    Minimum amount is 50,000 and maximum is 90% of the on-road price of the vehicle.

  • What are the stages involved in availing a loan?

    Application > Processing of the loan > Documentation > Disbursement

  • How do I repay the loan?

    Payment will be in the form of EMIs paid via post-dated cheque and ECS

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