Used Vehicle Loans (Second Hand)
One lender for every pre-owned vehicle — trucks, cars, tractors and equipment.
Used Vehicles We Finance
IndoStar has financed lakhs of pre-owned vehicles across India. Whether you are buying a second-hand truck, a family car or a tractor, we offer quick valuation and loans matched to your income.
Used Vehicles We Finance
Used Cars & MUVs
Pre-owned hatchbacks, sedans, SUVs and MUVs.
Used Trucks
Second-hand HCVs, ICVs and LCVs.
Used Construction Equipment
Backhoe loaders, excavators and cranes.
Used Tractors
Tractors and farm implements, without land mortgage.
Features & Benefits
- Valuation-based funding
- Simple documentation
- Loans for salaried, self-employed and farmers
- Doorstep service
- Flexible tenures
- Top-up on existing loans
Eligibility Norms
- Age 21 to 65 years at loan maturity
- Stable residence or business
- Vehicle with valid RC and insurance
Documents Required
KYC Documents
- PAN card
- Aadhaar card / voter ID / passport
- Recent passport-size photographs
- Address proof (utility bill or rent agreement)
Income Documents
- Last 6 months' bank statements
- ITR / GST returns where available
- Existing transport contracts or work orders (if any)
Vehicle Documents
- Proforma invoice (new vehicle)
- RC, insurance and fitness certificate (used vehicle)
- Valuation report arranged by IndoStar
Apply In Simple Steps
Share Your Details
Fill the enquiry form, call 022-50799503 or message us on WhatsApp.
Quick Evaluation
Our branch officer visits you, checks the vehicle and collects KYC documents.
Sanction & Disbursal
Get your sanction and disbursal quickly, with EMIs matched to your earnings.
Interest Rates & Fees
- Interest rates are determined by the applicant's profile, vehicle type, age and tenure, as per IndoStar's interest rate policy.
- Processing fees, documentation charges and other applicable charges are disclosed upfront in the sanction letter.
- Please refer to the Statutory Disclosure page for the schedule of charges and interest rate policy.
Frequently Asked Questions
How quickly can my vehicle loan be disbursed?
Once documents and vehicle evaluation are complete, most loans are sanctioned and disbursed within a few working days.
Can I apply if I am a first-time buyer?
Yes. IndoStar finances first-time buyers and first-time users, assessing your earning potential and local references.