India used car loan market is forecast to grow at a CAGR of over 11% in value terms and to reach around USD16 billion by FY2027F. Anticipated growth in the market can be attributed to growing disposable income and increasing ownership of used cars. Moreover, factors such as increased price of new cars, government regulations, etc. are driving the India used car loan market. Companies provide used car loans for a wide range of vehicles, including hatchbacks, SUVs, and premium sedans. They are extending loans up to 95% of the used car value, flexible EMI repayment options, quick loan disbursement, flexible tenure, and minimal paperwork, which is driving the used car loan market.
Some of the leading players in the India used car loan type market are HDFC Bank Ltd., State Bank of India, ICICI Bank Ltd., Shriram Transport Finance Co. Ltd., Mahindra & Mahindra Financial Services Limited and others.
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Some of the leading players in the India used car loan type market are HDFC Bank Ltd., State Bank of India, ICICI Bank Ltd., Shriram Transport Finance Co. Ltd., Mahindra & Mahindra Financial Services Limited and others.
Download Free Sample Report:
https://www.techsciresearch.com/sample-report.aspx?cid=7351
(Use your Corporate E-mail Id for Faster Response)
For More Information Visit: https://www.techsciresearch.com/report/india-used-car-loan-market/7351.html
India used car loan market is forecast to grow at a CAGR of over 11% in value terms and to reach around USD16 billion by FY2027F. Anticipated growth in the market can be attributed to growing disposable income and increasing ownership of used cars. Moreover, factors such as increased price of new cars, government regulations, etc. are driving the India used car loan market. Companies provide used car loans for a wide range of vehicles, including hatchbacks, SUVs, and premium sedans. They are extending loans up to 95% of the used car value, flexible EMI repayment options, quick loan disbursement, flexible tenure, and minimal paperwork, which is driving the used car loan market.
Some of the leading players in the India used car loan type market are HDFC Bank Ltd., State Bank of India, ICICI Bank Ltd., Shriram Transport Finance Co. Ltd., Mahindra & Mahindra Financial Services Limited and others.
Download Free Sample Report:
https://www.techsciresearch.com/sample-report.aspx?cid=7351
(Use your Corporate E-mail Id for Faster Response)
For More Information Visit: https://www.techsciresearch.com/report/india-used-car-loan-market/7351.html
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