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Mr. Sharma got his Used Car Loan approved in just a day. You can too!Explore Car Loans
Capital First is an NBFC (Non-Banking Financial Corporation) that provides a plethora of financial services to corporates/businesses and individual consumers with core focus on MSME and Retail Financing. It offers attractive Corporate Lending and Consumer Lending schemes at affordable rates of interest. The Company offers Personal Loans, Car Loans, Used Car Loans, Two Wheeler Loans, Consumer Durables Loan, Business Loans, Loan Against Property and much more, to self-employed and salaried individuals.
At least 21 years old
Less than 65 years old
Salaried or self-employed
with regular income
Earn more than the minimum
income required
Minimum income required
Rs.20,000 per month
Loan capped @
70% to 90% of the Ex-Showroom price of Car value
EMIs of other loans lower
your eligibility
Pay off your credit card bills
Choose longer tenure loan up to 7 years
Interest Rate (Monthly reducing balance) | 13.50% to 14.50% |
Processing Fees | 2% of loan amount |
Loan Tenure | 1 year to 7 years |
Pre-closure Charges | Pre closure allowed only after completion of 6 EMI.Preclosure charges - 4% of the Principal Outstanding |
Guarantor Requirement | No guarantor required |
The process to apply for a used car loan from Capital First through BankBazaar.com is very simple and convenient. You can access all information pertaining to this loan through the website and apply online as well, all within the convenience of your home or office. All you have to do is:
By using the online EMI calculator tool available on BankBazaar you can easily analyze the total costs that will be incurred by you when you avail a car loan from Capital First. Follow these easy steps to calculate Capital First Used Car Loan EMI:
Instant approval. Paperless. Our Used Car Loans are a smart choice.Check Your Eligibility
In order to avail a loan from Capital First, an applicant has to fulfill the following prerequisites:
Some basic documentation is necessary to process a loan application. The following documents have to be submitted by the applicant at the time of application:
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