Since how long have you been planning to get a used car in Jaipur? Is it the money that is stopping you? Or is it the confusion between a new car and a used car? To be honest, if you are not willing to spend too much for a brand new car, then a used car is a very affordable option. Apply for a used car loan in Jaipur with Qbera and you can easily upgrade to the social status of a ‘car owner’. Used cars, also known as ‘second-hand cars’ or ‘pre-owned cars’ are no more a costly asset to own, especially with the onset of used car loans.
As a large number of car dealerships emerging with reliable, well-maintained, and certified used cars, people have changed the way they used to make purchases of pre-owned vehicles. A used car loan in Jaipur can be availed to get a car which is as good as new and in many cases, comes with a warranty as well.
Qbera aims at helping those individuals who earn a moderate income and want to buy a car to meet their commute needs in an affordable way. A used car is good on the value for money quotient and demands low insurance, while also being low priced (in comparison the new-car equivalent of course). Check out these benefits when you apply for used car loan in Jaipur.
1. Borrow less
Since a second-hand car will be way more affordable than a new car, the loan amount required will be less, eventually making your repayments smaller and the loan tenure also end sooner. New car loans go up to a tenure of 7 years, while the tenure for used car loans from Qbera goes up to 5 years.
2. More features at half the price
While buying a second-hand car, the dealers of second-hand cars would be aware that you aren’t looking for features like that of a brand new car. So they make sure that they offer customized features as per the buyer’s demands. With the help of a second-hand car loan in Jaipur, you can get a car with all that you need in it and that too at about half the price of a new car.
3. Less depreciation
The possibilities of depreciation in a used car will usually be less compared to a new car. When you try to resell a new car, it is hard to retain its original value. However, when you consider re-selling the second-hand car, the price that you receive against the loan amount that you borrowed will be reasonable.
4. Low interest rates
The interest rate for used car in Jaipur starts from 11.99% at Qbera.com. We take into consideration your profile details as well as other information such as your age, income, and credit history, and arrive at a customized rate that ranges from 11.99% p.a. to 24% p.a.
5. Low EMIs
Since a pre-owned car can be owned at a lesser price, you will need a small-valued second-hand car loan in Jaipur. Eventually, the monthly EMIs will be small and can be finished soon. Our lowest EMIs start at Rs. 2700 per month.
6. Flexible loan tenure to choose from
Needless to say, a small loan amount can be paid off soon within a short loan tenure. When you apply for a used car loan in Jaipur, Qbera allows you to choose from a loan length of 6 to 60 months to pay back the loan amount.
Qbera requires you to meet this basic eligibility criteria when you apply for a second-hand car loan.
23 to 55 years
Rs. 20,000 or more per month
No defaults in last 24 months
Must be residing in Delhi-NCR, Bangalore, Pune, Mumbai, Chennai, Hyderabad, Ahmedabad or Jaipur.
We recommend you to keep the following documents ready after your loan gets digitally approved. It will help us serve you better and speed up the loan process.
|| Aadhaar Card
|| 4 cheques from your salary account
|| Current address proof
|| Permanent address proof (in case your permanent address is different from the one in Aadhaar card)
The online application for a second-hand car loan in Jaipur is very easy and quick at Qbera.com. Follow these simple steps:
Login to Qbera.com and you will find a tab labelled as “apply now” on the top right corner of the page. Click on it and you will be directed to our online application form.
It will hardly need 10-15 minutes to complete filling the form. Give your personal details by giving your name, age, gender and your professional details by giving your professional email ID.
Upload your bank statements and other relevant documents. With the help of these documents, we will quickly verify your income, employment status and residence.
Once we find that you meet our eligibility criteria, we will provide digital approval and send our customer representative at your doorstep to collect the documents.
After final confirmation, we will offer you a loan amount which you can choose to reject or accept.
In case you happen to accept the offer, you can expect the loan amount within 24-48 hours.
1. Why should I take a used car instead of new car?
A used car is an affordable option that serves value for money and at the same time features transparency, simplicity and stress-free experience when you apply for a used car loan in Jaipur.
2. What is the maximum loan amount that I can borrow for a used car?
The loan amount at Qbera can fall anywhere between Rs. 25,000 to Rs. 10 Lakhs. But, fortunately, a second-hand car can be obtained at a much lesser price and can come with customized features and modifications. So you can borrow a small amount, be the owner of a car and pay back in a short period of time.
3. What benefits will I get if I apply for used car loan in Jaipur through Qbera?
Qbera, with its technology and strategic partnership with banks, offers a seamless experience while giving financial assistance to its customers. You can reap the following benefits from us:
4. Can I apply for a second-hand car loan if my credit score is less than 600?
Qbera follows its own risk-based algorithm to approve loans to individuals who already have a credit score as low as 600. But not lower than that.
||11.99% to 35.99%
|| 1% to 5% of total loan amount
||₹1,00,000 to ₹15,00,000
||12 to 60 months
"I am really happy that I got a loan from Qbera. My application has been rejected by lenders in the past without giving any explanation for rejection. Qbera approved my loan with minimum documents. Thanks a lot once again."
I did not want to make many enquiries as many requests can lower the CIBIL score. I contacted Qbera on a Monday and by evening itself they had an offer for me. They kept me informed through every step of the process and were also flexible with regards to my commitments. In the end, the loan was disbursed within two days of documents submission. Thank you Qbera for simplifying the process and helping me find a loan. " Show more...
"It was a nice experience with Qbera. I have never seen such an easy process for getting a loan, especially when you need it the most. Thank you Qbera for your support."
"I had a hassle-free experience with Qbera. It was a very easy application procedure and in a short span of 3 days I got my loan credited to my account. Thank you so much for the support Team Qbera"
"It was very easy to get a loan from Qbera. I just applied on their website and got a confirmed offer immediately. The amount was transferred soon after. Will give it 5 out of 5"
"It's good and quick response from the Qbera team to get the loan. They are very good at the communicating the things properly and appropriately"
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