• TVS Credit Services Car Loan Diwali Offers

    You can make your dream of owning a car a reality during this festive season. Take advantage of the used car loans offered by TVS Credit Services. Up to 85% of the car’s valuation can be availed as funding to buy your dream car. The company is reputed to be one of the best financial institutions in the country and has been helping customers to purchase their own vehicle by means of car loans for years now . TVS Credit Services provides top-notch customer satisfaction and so you can rest assured that your loan application process is going to be quick, hassle-free and would require minimal documentation.

    Key Features of the Used Car Loan from TVS Credit Services:

    • The company will offer funding for up to 85% of the car’s valuation.
    • Any car manufactured in India and within the fixed age limit is eligible to receive financing from TVS Credit Services.
    • Some car models that have been discontinued may not be eligible for funding.
    • Monthly loan payments vary between Rs.20, 000 to Rs.1 lakh.
    • A maximum of 5 years tenure is provided for repayment of the car loan.
    • The processing charge is 1% of the loan amount.
    • Salaried individuals can avail loan of up to 15 times their gross monthly income.
    • You do not require a guarantor to avail this loan.
    • There is no option to make part payments, but the loan can be foreclosed with a fee.
    • TVS Credit Services also offers a top-up loan option.
    • Interest charged on the car loans can range between 14% and 15% p.a.
    • The loan approval process is quick and hassle-free.
    • There is a ‘No income document’ scheme available for all segments of customers.

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