Get a Pre-owned Car Loan in Bhopal
Bhopal, known as the city of lakes, has multiple large-scale industries in pharma, automobiles, textiles, electronics, etc. The city also has a growing market for used cars in India. Buy your favourite car in this city to ensure hassle-free travel with a Pre-owned Car Loan from Poonawalla Fincorp. Get a loan of up to ₹75 Lakh with minimal paperwork and instant disbursal. Benefit from our attractive interest rates, flexible tenure, high LTV ratio and instant approval. Apply now!
Pre-owned Car Loan EMI Calculator
Estimate your monthly payments with our user-friendly EMI calculator. Slide the bar to enter the loan amount, interest rate and tenure to know your EMI instantly. Try now!
Why Choose Poonawalla Fincorp
Up to 100% of Car’s Value
Attractive Interest Rate
Minimal Paperwork
Flexible Loan Tenure
Instant Disbursal
No Hidden Charges
Apply for a Pre-owned Car Loan in Just 3 Steps
Click on "Apply Now"
Tap the “Apply Now” button to initiate your application.
Enter Details
Enter your DOB, contact, employment and car details.
Upload Documents
Upload the necessary documents for quicker approval.
On successful verification, the loan amount will be disbursed into your bank account instantly.
Our eligibility requirements depend on whether you are salaried, self-employed or a firm/company and on aspects like:
- Age
- Citizenship
- Occupation
- Experience/Vintage
Click to know more about our eligibility criteria in detail.
Submit minimal documents to avail of a second-hand car loan:
- KYC Documents
- Income Proof
- Address Proof
- Car Documents
- Bank Account Statement
Click to know more about the required documents in detail.
We offer a used car loan with competitive interest rates and minimal charges:
Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf
*T&C Apply
- Compact SUVs
- SUVs
- Hatchbacks
- Premium cars
- Sedans
- Salaried Employees
- Self-employed Professionals
- Companies or Firms
- Check the eligibility criteria
- Determine the loan amount based on your requirements
- Check your credit score
- Maintain a lower debt-to-income ratio
- Keep the required documents ready
- Avoid multiple loan applications
Poonawalla Fincorp Limited
Address: 1st Floor, Mahaveer Avenue, Plot No.2, R-2, Zone-01, Maharana Pratap Nagar, Bhopal, Madhya Pradesh-462011
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Happy Customers, Happy Us
Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!
I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!
Pre-owned Car Loan
Very professional staff knowledgeable and polite should be always a first choice to choose Poonawalla i always get gentle reminder about my due date and once payment is made love the teamwork thankyou
Thats a smooth process. It helped me getting my query resolved within fraction of seconds.
Pre-owned Car Loan
All Good Services has Provided From Poonawalla Fincorp I will Definitely Recommend the Company.
Pre-owned Car Loan
The service is very good I have received the payment at the time they were given everything is very good.
Pre-owned Car Loan
I will definitely recommend the company if someone ask or need as I have been associated with company from last 10 years
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pre owned car loan16 Oct 2025| 7 min -
pre owned car loan16 Oct 2025| 6 min
Frequently Asked Questions
Self-employed individuals applying for Poonawalla Fincorp's second-hand car loan need to fulfil these requirements:
- For a loan amount of up to ₹10 Lakh, you need at least 2 years in your current business.
- For a loan amount between ₹10 lakh and ₹75 lakh, your total business experience should be at least 3 years.
A salaried individual needs to submit:
- Aadhaar Card
- Voter ID Card
- PAN Card
- Driving License
- Passport
You can get a maximum loan amount of up to ₹75 Lakh to purchase your favourite used car. We offer a loan of up to 100% of the car’s value pledged as collateral. The final loan amount applicable depends on your monthly income, credit score, market value and condition of the car, repayment capacity, etc.