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CAR FINANCE
Buying a Used Car
Buying a Used Car - Finance Options
CREDIT NORMS
The maximum finance period is for 36 months and this also depends on the model and the age of the car being financed. The age of the car including the financing period is generally maintained at a maximum of 5 years. The maximum amount of finance that is given would be 60% of the assessed value.
Some simple steps to avail the used car finance from us
The vehicle should be in the name of the person / company availing the finance. The RC book should also have the hire purchase endorsement in our name before we make any disbursement. The vehicle along with the original invoice or attested true copy of the invoice should be made available. Proper comprehensive insurance cover is mandatory for a value acceptable to the company.
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