Features and Benefits

Eligibility and Documentation

Select your occupation type

  • Salaried or self-employed individuals
  • Proprietorship and/or partnership firm
  • Private and/or public limited companies

Salaried or self-employed individuals

Age, address, ID and signature proof

Income document (salary slip/form 16/ITR with computation of income)

Bank statement

Photocopy of vehicle RC book and insurance certificate

Proprietorship and/or partnership firm

Age, address, ID and signature proof

Income document (salary slip/form 16/ITR with computation of income)

Bank statement

Photocopy of vehicle RC book and insurance certificate

Partnership deed with declaration for partnership firm

Private and/or public limited companies

Age, address, ID and signature proof

Income document (salary slip/form 16/ITR with computation of income)

Bank statement

MOA/AOA with board resolution for private/public ltd. firm

Loan EMI Calculator

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Disclaimer
These calculators are provided only as general self-help planning tools. Results depend on many factors, including the assumptions you provide. We do not guarantee their accuracy or applicability to your circumstances.

Knowledge Centre

FAQs

What is an EMI?

EMI stands for ‘Equated Monthly Instalments’. The instalment comprises two components – the principal and the interest. EMIs provide you with the ease and benefit of paying back your loan in fixed monthly payments over a long period of time.

What documents are required to change my communication/ mailing address?

Does TVS Credit offer any special schemes?

I am an existing customer; can I apply for another loan?

Will I be eligible for any special schemes after I have repaid my loan?

Do I have the option of prepaying my loan?

How long will it take to get a loan?

Can the tenure and loan amount be changed after the loan amount has been disbursed?

What are the tenure options for used car loans?

Can I pay my instalment and other dues online? If yes, then how?

Is there any security/collateral which needs to be offered for this loan?

What is down payment/margin money?

What cars can I buy with TVS Credit Services used car loans?

Do I need a guarantor for used car loans?

What is the procedure to get NOC?

When do I become eligible to get an NOC? How can I receive it?

Being an existing customer, can I apply for another loan?

Do I need a guarantor?

Who can be a co-applicant for the loan?

What will be done with the post-dated cheques if I request to change the mode of repayment/ account for my loan?