feature and benefits of pre-owned car loan

Features & Benefits of Used Car Loan

Loan up to 75 Lakh | Attractive Interest Rate | Zero Foreclosure Charges

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’s 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.

Loan Amount Logo High Loan Amount
Find the car model of your dreams and make the purchase a reality with a Poonawalla Fincorp’s 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.
Car Loan Logo 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 to achieve your goal of buying a car.
Interest Rate Logo Attractive Interest Rates
Keep costs in check and get pocket-friendly repayment terms thanks to our low-interest rates. With one of the most competitive rates in the market, you get to enjoy an affordable purchase.
Document Logo Minimal Documentation
With Poonawalla Fincorp’s Pre-Owned Car Loan, you must submit only basic documentation to apply successfully.
Loan Repayment Logo 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.
Doorstep Service Logo 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 Logo 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.

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:

  • Hatchbacks
  • Sedans
  • SUVs
  • Premium Cars

You can apply for a Pre-owned Car Loan by following these three simple steps:

  • Step 1: Click on the ‘Apply Now’ button.
  • Step 2: Fill in the required details on the loan application form.
  • Step 3: Upload necessary documents.

On successful verification, the loan amount will be disbursed into your bank account instantly.

Are there any advantages of a used car loan?

Yes, some of the top advantages include lower insurance costs and easier loan processing.

Do I need to pledge assets to get a Pre-Owned Car Loan?

No, you aren’t required to pledge any assets to avail a Poonawalla Fincorp’s Pre-Owned Car Loan. Only the car needs to be hypothecated.

What are the tenure options offered by Poonawalla Fincorp?

To ensure you enjoy a pocket-friendly experience when buying a pre-owned vehicle, we offer a flexible tenure of up to 72 months or 6 years.

What is the LTV ratio, and how much can I get with Poonawalla Fincorp?

LTV stands for Loan-To-Value ratio and is the percentage of the car’s value 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.

What are the unique features & benefits of a used car loan by Poonawalla Fincorp?

Besides the high LTV ratio, Poonawalla Fincorp ensures easy access to funds. We have easy-to-meet criteria, minimal requirements for paperwork, and online loan application provisions. We also offer instant approval and disbursement.

*Terms & Conditions Apply

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