FAQ

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Frequently Asked Questions

1What is CAR PE CASH?
CAR PE CASH is a trustable USED CAR LOAN service provider in GUJRAT. We provide best services to the customer and make USED CAR LOAN process on fingertips. We have all bank options available that’s make the process easy and less time consuming . Our team go through the documents provide by customer and give the best bank option as per the CIBIL and PROFILE. What makes us different from other is we don’t charge any service fees its free.
2Why taking financial service from CAR PE CASH?
We are providing Maximum fund in lower rate and multiple banks options. Get instant approval in 48 hrs after complete the application process. Minimum documentation require for loan . Get best customer service. We don’t charge any service fees. Easy and Online RC transfer.
3What is Used car purchase loan?
Used car purchase loan for those who buying a used car from market and need fund on purchased used car, they can get loan up to 100% of car valuation
4What is Used car refinance loan?
Used car refinance loan for those who do not have loan on existing used car and purchased car in cash fund, they can get fund for personal or business use unto 100% of car valuation.
5What is Used car Top up loan ?
Used car Top up loans for those who have loan on existing car and cleared minimum 6 EMI, they can get fund for personal or business use upto 200 % of car valuation on basis of existing car loan repayment SUBJECT TO old loan to be close.
6What is the process for used car loan ?
  • Loan application.
  • Home verification
  • Business verification
  • Car valuation
  • Loan approval
  • Loan disbursement
  • Payment process
  • RC transfer or hypothecation (HPA) transfer.
7Which documents require for used car loan ?
The list of documents that must be submitted when applying for a used car loan is mention below :
  1. Application form with signature.
  2. Passport size photo.
  3. Identity proof
  • Pan card must*
  • Aadhar card must*
  • Passport
  • Driving license
  • Voter id.
  1. Address proof
ONE PROOF IS MUST*
  • Electricity bill
  • Tax bill
  • Index copy
  • Adani gas bill
  1. Income proof
 
  • Bank statement last 6 months must*
 FOR BUSINESSMAN
  • ITR last 2 year If have
    • Computation of income
    • Profit and loss account
    • Balance sheet
    • Audit report if have
    • Form 26 A/S if have
 FOR SALARIED
  • Last year form16 if have
  • Last 3 month salaryslip
if salaryslip not available
  • Company letterhead
  • Salary certificate
FOR FARMER
  • 7/12 utara of agriculture land
 
  1. Business proof (ANY ONE OF THIS)
  • Current account
  • GST certificate
  • Gumastadhara
  • MSME
  • Visiting card
 
  1. Car documents
  • RC book
  • Car insurance (zero dep or normal is valid for used car loan third party insurance is not valid for used car loan)
    
  1. What kind of charges taken by banks?
  • Processing fees
  • Stamping charges
  • Franking charges
  • Documents charges
  • Car valuation charges
  • Rto transfer charge if used car purchase loan
Hypothecation charge if used car refinance or used car top-up loan.
8What is the tenure for used car loan ?
Minimum 24 months and Maximum 60 months
9What is minimum car age requirement for used car loan ?
10 to 12 years car age is required for used car loan and it is also depends on models .
1010. What kind of original documents require after used car loan ?
Original RC book and PUC.
11Can I get loan on commercial vehicle ?
Yes , you can directly call us on helpline number for commercial vehicle loan.
1212. What is the pre payment charges for used car loan?
Pre payment charges will taken by banks as per RBI guidelines .
13Can you fund loan cover insurance ?
Yes , we fund loan cover insurance with used car loan.
14How long does it take for RC transfer & hypothecation transfer ?
It takes upto 30 days for RC transfer & hypothecation transfer.
15Can I get pre-approved used car loan offer ?
Yes, pre-approved used car loan is offer by bank to existing customer who has good record with them.
1616. Can u fund car insurance with used car loan ?
Yes, We fund zero dep or normal car insurance with used car loan.
17My query is not mentioned, HELP?
If your query is not mentioned here, you can directly call us on our customer care number +91 777 9070 444 / 91 777 9020 444

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Saturday
10:00 AM - 02:00 PM