Loan for Pre-Owned Cars

Loan for Pre-Owned Cars


Planning to buy a used car? Federal Bank offers hassle-free Pre-Owned Car Loans designed to make your purchase affordable and convenient. With competitive interest rates, flexible repayment options, and tenures of up to 60 months, we help you own your dream vehicle without financial stress. Our loan solutions are tailored for used cars, ensuring quick approvals and transparent terms. Learn how interest rates—fixed or floating—impact your EMIs and discover smart ways to manage your repayments. This page covers everything you need to know about Pre-Owned Car Loan interest rates, EMI calculations, and factors that influence your loan cost, so you can make confident, informed decisions. Start your journey today with Federal Bank’s Pre-Owned Car Loan and make owning your ideal used car a reality!

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Key Benefits

Designed for Pre‑Owned Vehicles - Affordability, Speed & Clarity

 

Unlock cost‑effective finance with streamlined approvals and comfortable tenures tailored for used cars.

Ready to avail a car loan?

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Funding up to 90%

Finance up to 90% of vehicle value for qualifying pre‑owned cars.

Tenure up to 60 Months

Comfortable EMIs with a maximum loan tenure of 60 months.

Faster Processing

Streamlined approval and quick disbursal post‑verification.

Competitive Rates

Cost‑effective financing with competitive interest rates.