Fees & Charges:

• Preclosure Fee - 5% of principal outstanding (within 2 years), 4% (2-3 years) and 3% (after 3 years)

Eligibilty:

• Nationality - Indian 
• Age - 21-65 years 
• Min. income - Rs. 15000 Per Month

Features & Benefits:

• Get cars at their predefined limits 
• EMI Repayment facility upto 4 years 
• Instant loan disbursal facility 
• Benefit of hassle-free Cashless claim Facility 
• Get loans upto 15 times of your monthly income 

Documents Required:

Identity Proof:

• Aadhaar Card/ Passport/ PAN Card/ Voter ID Card

Address Proof:

• Aadhaar Card/ Passport/ Driving License/ electricity, phone bills

Income Proof:

• Last 2 years IT returns 
• Income computation certificates by CA for last 2 years 
• Bank statement for last 6 months

Short Description:

TVS Credit Services gives Used-car Loans which is 15 times of your monthly income, easy EMI Repayment option and hassle-free cashless claim facility. The cars included in the Used-car loan are within their predefined age limit.

Bank Description:

TVS Credit Services (TVSCS) is a part of TVS Group dealing with the finance of the vehicles primarily with the easy payment option. TVS Used-car Loan gives the benefits of the hassle-free claim facility loans granted can be 15 times of your monthly income.