TS Mahalingam & SONS tsmcars.com

Looking for used car loan?

We'll sort out the finance.

Get Cash With Loan Against Your Car

We only service in and around Tamil Nadu*

How much could you save with a car loan finance?

Top up loan - Higher Amount

Balance Transfer - Reduce Interest Rate

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Up to 150% Financing

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Up to 7 Years Tenure

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No Hidden Fees

Used Car Loan Eligibility Criteria

Before applying for a Used Car Loan, ensure you meet the following eligibility requirements based on your employment type.

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Nationality

Must be in and around Tamil Nadu

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Age Requirement

Applicants should be between 18 to 65 years *

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Employment Status

Must be actively employed

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Work Experience

Minimum of 1 year of stable employment

We only service in and around Tamil Nadu*

Lowest interest rate on car loans!

Speak to us and compare best interest rate from different lenders.

I Want to Refinance
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How a 5lakh loan works

If you take a car loan of ₹5,00,000 for 5 years at an interest rate of around 10% per annum (based on CIBIL), your estimated EMI would be approximately ₹11,893 per month.

Over the loan tenure, the total interest paid would be around ₹1,13,580. Longer loan tenures reduce the monthly EMI but increase the total interest paid.

Understanding your loan structure helps in better financial planning, ensuring a smooth repayment experience.

Looking for the best loan options? Get in touch with us today!

Eligibility Criteria
  • Decent Cibil score
  • Be able to afford the loan
  • Have a record of repaying debts
Used Car Loans
  • Minimum car price should not be less than *2 lakhs*
Refinance
  • Used car no older than 15 years
  • Had or Have a loan against the car
  • Car registered to your name or blood relationship

What Customers Say

Over 600 people have reviewed us on google with top star rating in the second hand cars selling & buying space.

Average Rating - 4.4 stars