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Owning a car is a dream for many, but the soaring prices of new cars have made it challenging to fulfill this desire. However, there is an alternative – purchasing a used car. Not only is it a more affordable option, but it can also be an emotional investment. Muthoot Capital offers a compelling Used Car Loan, which can help make your dream a reality through a fully digital process and minimal eligibility requirements. The interest rates offered are also competitive, making it easy for customers to repay their Second Hand Car Loan. The best part is that collateral is not required, making the whole process even more accessible.

 

Used Car Loan Interest Rates	8.5-9%* p.a. onwards
Loan Amount	Up to ₹20 Lakh
Loan Processing Fees	Up to 4% plus applicable taxes
Lowest EMI per month	Starting from ₹5,752* per Lakh for 20 months
Loan Tenure	Up to 20 months*
Maximum Repayment Tenure	Up to 60 Months*
Late Payment Charges	2% per month
Cheque Bounce Charges	₹500 per bounce plus applicable taxes
Stamp Duty	At actuals (as per state)
No Other Hidden Charges

 

Owning a bike or scooter has become an essential part of daily life, especially in cities, which provide quick and easy transportation. However, buying a two-wheeler can be a challenge for many, especially considering the rising prices of motor vehicles.

 

Muthoot Capital Two Wheeler Loan provides the best services that are designed for India. The process is easy and customer friendly. With minimal documentation and instant KYC, customers can easily apply for instant bike loan online through a completely digital process. The interest rates offered are also competitive, making it easy for customers to repay their scooter loans. The best part is that collateral is not required, making the whole process even more accessible.

Two Wheeler Loan Interest Rates	0.99%* p.a. onwards
Loan Amount	Up to ₹3 Lakh
Loan Processing Fees	Up to 4% plus applicable taxes
Lowest EMI per month	Starting from ₹5,083* per Lakh for 20 months
Loan Tenure	Up to 20 months
Maximum Repayment Tenure	Up to 48 Months*
Late Payment Charges	2% per month
Cheque Bounce Charges	₹500 per bounce plus applicable taxes
Stamp Duty	At actuals (as per state)
No Other Hidden Charges