Major Advantages of Our Used Car Loan
The experience of buying a car is one that you’re sure to remember for years to come. Achieving this goal is a complex endeavor, but with Poonawalla Fincorp Pre-Owned Car Loan, we can assure you of a memorable experience. Our loan is designed to cater to your needs with features that complement every stage of the process. You can apply online in just a few minutes, get instant approval, and enjoy hassle-free disbursement.
|High Loan Amount
Find the car model of your dreams and make the purchase a reality with a Poonawalla Fincorp Pre-Owned Car Loan. Get up to ₹75 Lakh as a sanction and move a step closer to owning a pre-owned car of your choice.
|Loan up to 100% of car value
We ensure that you get the car you want, without any compromises. With our offering, you can avail up to 100% of the car’s value in funding, so you achieve your goal of buying a car stress-free.
|Low Interest Rates
Keep costs in check and get pocket-friendly repayment terms thanks to our low interest rates. With one of the lowest rates in the market, you get to enjoy an affordable purchase.
With the Poonawalla Fincorp Pre-Owned Car Loan, you need to only submit basic documentation to successfully apply.
|Flexible Repayment Option
Stay within your budget throughout the tenure by opting for a repayment timeline that ranges up to 72 months. With 6 years to repay the loan, EMIs are something you don’t have to worry about.
|Easy And Hassle-Free Process
Getting funding for the car of your choice is now just a few clicks away. Thanks to our online loan applications and processing, you enjoy a completely hassle-free experience, tailored for speed and comfort.
|No Hidden Charges
We strive to maintain the highest level of integrity with all our valuable customers. As such, we maintain 100% transparency in all loan dealings, and you can be assured of no hidden charges throughout. All loan terms and conditions are clearly listed in our loan documents.
Pre-Owned Car Loan for Various Car Types
Owing to the many different types of cars available, we want to ensure that you have the option to get the one you want, without a trade-off. As such, you can avail our Pre-Owned Car Loan to buy any of the following car types:
- Premium Cars
How To Apply for A Pre-Owned Car Loan?
Step 1: Click on the ‘Apply Now’ button on our website
Step 2: Select the type of loan as “Pre-Owned Car Loan”
Step 3: Enter few basic details
Step 4: Await application assessment and verification
Step 5: Receive confirmation on approval
Step 6: Approve the Pre-Owned Car Loan offer and authorize disbursal
Frequently Asked Questions about Advantages of Used Car Loan
Yes. Some of the top advantages include lower insurance costs, and easier loan processing.
No. You aren’t required to pledge any assets whatsoever to avail a Poonawalla Fincorp Pre-Owned Car Loan. Only the car needs to be hypothecated.
To ensure that you enjoy a pocket-friendly experience when buying a pre-owned vehicle, we offer a flexible tenure that ranges up to 72 months or 6 years.
LTV stands for Loan-To-Value ratio and is the percentage of the car’s value that you can get as a loan. One of the benefits of a Pre-Owned Car Loan from Poonawalla Fincorp is that you get up to 100% of the car’s value as a loan.
Besides the high LTV ratio, Poonawalla Fincorp ensures easy access to funds. We have easy-to-meet criteria, minimal requirements for paperwork, online loan application provisions, and offer instant approval and disbursement.
*Terms & Conditions Apply