Max Financial Services offers loans for a wide range of used cars including hatchbacks, premium hatchbacks, sedans, MUVs, and SUVs of varied vehicle brands.


  • Loans for purchase of used cars
  • Loan up to 7 Lacs
  • Loan tenure up to 36 months
  • The interest rate for the product ranges up to 26%.
  • Quick turn around time

BASIC ELIGIBILITY CRITERIA

Salaried

Self Employed Non Professionals (SENP)

Farmers

Professionals


Minimum Age

2 Years


Minimum Business vintage/ Employment Stability

1 Year (Salaried/Farmer) &

3 Years (SENP/Professional)


Disposable Income (After Deduction of all EMIs)

15000/-


DOCUMENTS REQUIRED

  • Photograph - Latest Color Photograph
  • Identity proof (Any One) - Voter ID Card / PAN Card / Passport / Driving License / Aadhar Card / Govt. issued document + Photograph / Bank Sign Verification + Photo
  • Age Proof (Any One) - Voter ID Card with Date of Birth / PAN Card / Passport / Driving License / Aadhar Card / Govt. issued document with date of birth / Marks Sheet with date of birth
  • Signature Verification (Any One) - PAN Card / Driving License / Passport / Bank Signature Verification
  • Address Proof (Any One) - Fixed Line Telephone Bill / Government or Local Authority Bill (Electric / Tax / Water / Gas Bill) / Index copy or Sale Deed or Allotment Letter + Utility bill
  • Ownership Proof (Any One) - Electric Bill / Tax Bill / Water Bill / Possession Letter + Utility Bill / Power of Attorney + Utility Bill / Index copy + Utility Bill
  • Income Proof (Any One)
  • A. For SENP/ Professionals - Shop Establishment Certificate / Sales and Purchase Bills / ITR / Financials with all schedules of last 3 Years

    B. For Salaried Applicants - Salary Slip of last 3 Months / Form 16 / TDS Certificate

    C. For Farmers - 7/12 & 8A Extract with milk income proof

  • Bank Statement - Last 6 months’ bank statement of all bank accounts