TVS Credit Used Car Loan Interest Rate

Particular Charges
Interest Rate 13.10% - 15%
Repayment option up to 5 years
Processing Fee 999 + applicable tax
Pre-closer Charges 3% of principle outstanding

Documents Required for TVS Credit Used Car Loan

  • Signed application form with photograph

  • Age/ Identity Proof/ Address Proof/ signature Proof

  • Income Documents: Form 16/ Salary Slip/ ITR with computation of income

  • Last 6 months bank statement

  • Photo copy of car RC book and Insurance Certificate

  • MOA/AOA with board resolution for private/ public ltd firm

  • Declaration for partnership firm

Eligibility for TVS Credit Used Car Loan

  • Age should be 25 years to 65 years at the end of the loan

  • Self emploed or salaried employee with regular income

  • Minimum income should be Rs. 15000 per month

EMI Calculator for TVS Credit Used Car Loan

To calculate the EMI for your used car loan, use below EMI calculator

Features and Benefits of TVS Credit Used Car Loan

  • Instant approval and quick process

  • Up to 15 times loan eligibility for your gross monthly income

  • Repayment option for your used car loan Hyderabad up to 48 months

  • Door step service

  • Minimum down payment

  • Easy EMI option

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