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car scrapping policy of india
A Detailed Guide to Car Scrapping Policy In India

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Feb 16, 2024 • 5089 views

Is your car more than 15 years old? Using your car beyond its lifespan can adversely affect the environment and raise safety concerns. Vehicle Scrapping Policy was introduced by the Indian Government to efficiently tackle environmental pollution caused by old and poorly maintained vehicles. Cars after 15 years of age must undergo a fitness test. If the fitness test is cleared, a renewal certificate is issued with a validity of 5 years. But if your car fails the fitness test, it is considered illegal to run on the road. At this stage, you must consider scrapping your car. Read on to learn more about the Vehicle Scrapping Policy in detail and the benefits associated with this process!

Best Time to buy a second hand car
Best Time to Buy a Used Car

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Jan 26, 2024 • 4030 views

Car prices are rising each year as the automobile industry evolves rapidly. But, despite higher prices, a considerable number of newer car models are entering the used market, offering good deals for buyers without draining their wallets.

Future of electric vehicles
The Future of Electric Vehicles in India: Opportunities and Challenges

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Jan 25, 2024 • 4103 views

India stands out as one of the largest merging markets for electric vehicles (EVs) globally. In recent years, the nation has undertaken a renewed commitment to diminish its reliance on fossil fuels and traditional energy sources.

thumbnail image leasing vs buying a used car
Leasing vs Buying a Used Car – Which is Better?

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Jan 16, 2024 • 7200 views

When buying or leasing a used car, coming to a decision can be overwhelming. That’s why it is important to take a step back, consider the pros and cons of buying or leasing a used car, and get clarity on how to buy or lease a used car. This blog helps you make the right decision for you. Read on!

thumbnail image how to select best used car insurance policy
How to Select the Best Used Car Insurance Policy?

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Jan 15, 2024 • 6861 views

Getting your used car insured is a must. Car insurance safeguards you, your car, and your wallet from unforeseen events like accidents, theft, or natural disasters. However, with numerous options available, the selection process can be complex.

Electric vs Petrol Car
Electric Car or Petrol Car - Decoding the Benefits and Drawbacks

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Jan 10, 2024 • 5543 views

Electric vehicles (EVs) have gained significant demand against their petrol-powered counterparts. But when it comes to buying a car, choosing between the two can be overwhelming as both offer distinct advantages and disadvantages.

CNG vs Petrol Vs Diesel Car
CNG vs Petrol vs Diesel - Which Car is the Best to Buy?

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Jan 09, 2024 • 4928 views

Gasping at skyrocketing diesel prices? Its time to ditch the pump dilemma and rethink your ride! Petrol, CNG, Diesel - which one reigns supreme? Buckle up and get ready to discover the car fuel that roars your wallets approval, soothes your eco-conscience, and fuels your journey.

Car loan in India
Type of Car Loans in India: Which is Better?

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Dec 29, 2023 • 4191 views

A car loan is perfect for financing your four-wheeler purchase. Whether you are buying a car for the first time or want to upgrade to a new one, getting the correct type of car loan would help you get the maximum amount with flexible EMI options.

thumbnail image power your drive a guide to electric vehicle loans
Power Your Drive: A Guide to Electric Vehicle Loans

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Dec 26, 2023 • 4223 views

Technological innovation and increasing climate awareness among citizens has resulted in the increasing demand for electric vehicles or EVs worldwide. In India, to encourage people to switch to using EV from cars that run on traditional fuels, the government offers special tax benefits under Section 80EEB of the Indian Income Tax Act. Moreover, the availability of car financing has made buying electric vehicles easier than ever before

Benefits of Electric vehicle
7 Advantages of Electric Vehicles in India

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Dec 22, 2023 • 4368 views

The push of the Indian government towards electric mobility has gained popularity in India thanks to growing awareness and demand for environment-friendly vehicles.

Transfer A Car Loan
Car Loan Transfer: Everything You Should Know

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Dec 12, 2023 • 4201 views

Sometimes, unexpected twists may need you to part ways with your beloved vehicle. But what if you still have an outstanding Car Loan to contend with? In such scenarios, the question often arises: can a Car Loan be transferred to another person?

Price of Second hand car
Top 10 Factors Affecting the Price of a Second-hand Car

Category : Pre-Owned Car Loan

Poonawalla Fincorp Team • Dec 05, 2023 • 4562 views

Are you planning to buy a second-hand car? But, confused about which one to buy. Buying a car can be an overwhelming experience, especially with the various second-hand car prices available in the market.

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