Buying a used car on EMI: A step-by-step guide

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Buying a used car on EMI: A step-by-step guide

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Ketan Kumar’s unique business plan helped him bag great success in a short time, that too without any financial assistance from a third party. However, to expand his business, Ketan is now seeking different sources of business finance. Like Ketan, if you too are an entrepreneur who needs funds for your business, then read on. Today, in this article, we will discuss different sources of finance for small businesses in India. – PowerPoint PPT presentation

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Title: Buying a used car on EMI: A step-by-step guide


1
Buying a used car on EMI A step-by-step guide
2
Select from a variety of pre-owned car sellers
  • You may purchase from your friend or relatives.
  • You may purchase from the trusted brand's
    showroom.
  • You may also purchase from a reputed used car
    dealer.

3
Consider these documents before purchasing a used
car on EMI
  • Registration certificate of the car.
  • Service book and insurance papers.
  • Pollution Under Control (PUC) certificate and
    road tax receipt.

4
How can one purchase a used car on EMI?
  • You can apply for a loan with your preferred
    lender, either online or offline.

5
Various types of EMI options for a second-hand
car loan
6
Standard EMI
  • EMI remains the same throughout the loan term.

7
Structured EMI
  • The EMI is initially low, but it increases over
    time.

8
How to figure out the used car EMI?
  • You can calculate your EMI using the EMI
    calculator.

9
  • To purchase your dream used car on EMI, follow
    the steps mentioned above.

10
Thank You
Would Love to hear from you.
Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi - 110057
Tel 18001024145
Email customer.care_at_herofincorp.com
Website https//www.herofincorp.com/
Know More Steps to Buying a Second-hand Car on
EMI
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