Getting the right financing depends on your used car loan eligibility, which is determined by income, age, employment type, and credit score. Positioned in the middle of the approval process, used car loan eligibility helps lenders assess repayment capability. Most lenders require stable income and a minimum CIBIL score of 700. Understanding your eligibility helps you select the right lender and get faster approvals. Pre-check tools offered by banks and NBFCs simplify the process, giving you clarity before you apply.

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