pre-owned car loan in bhopal

Pre-Owned Car Loan in Bhopal

Low-Interest Rates | High Loan Amount | Hassle-Free Process

Bhopal, the capital of Madhya Pradesh, is known for its beautiful lakes, rich heritage, and vibrant culture. It also has a growing demand for pre-owned cars, thanks to rapid urban development. Luckily, Poonawalla Fincorp offers Used Car Loan in Bhopal specifically to fulfil this need.

With competitive interest rates, easy eligibility criteria, and a simple application process, you can easily drive home in your desired pre-owned car. Experience convenience and comfort as you explore the scenic roads of Bhopal with our Pre-Owned Car Loans.


We offer competitive interest rates on Used Car Loan in Bhopal and make it easier for you to get your preferred pre-owned car without any financial stress. For more details, please see the table below

Pre-Owned Car Loan Interest Rates 11% p.a onwards
Loan Amount ₹1 Lakh - ₹75 Lakhs
Loan Processing Fees Up to 1% plus applicable taxes
Lowest EMI per month Starting from ₹1903* per Lakh for 72 months
Loan Tenure 12 - 72 months
Prepayment/Foreclosure Charges 0%* If paid from own sources.
4% of the outstanding loan amount plus taxes if paid from other sources
Default Interest 2% per month
Repayment Instrument Dishonour Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges
  • Competitive Interest Rate Logo

    Minimal Documentation

  • Loan Amount Ranging Logo

    High Loan Amount

  • Easy Access To Funds Logo

    Hassle-Free Application

Minimal Documentation

Our Pre-Owned Car Loan requires only essential documents, making the application process smooth and time-saving.

High Loan Amount

You can avail of a Pre-Owned Car Loan of up to ₹75 Lakh. This can help you choose the perfect car model that suits your lifestyle and needs.

Hassle-Free Application

Applying for a Used Car Loan in Bhopal is quick and hassle-free with Poonawalla Fincorp thanks to our user-friendly online application process.

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Apply Online

Click on ‘Apply Now’ and provide your contact details and loan details

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Personal Details

Enter your DOB, Qualification and other necessary details

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& Car

Employment & Car Details

Enter your employment details, car details (if car is finalized) and submit the form

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Application will then proceed for verification and assessment

Follow these steps to get a Used Car Loan in Bhopal:

  • Visit our official website and check the loan eligibility criteria.
  • Select the 'Pre-Owned Car Loan' option and click on 'Apply Now.'
  • Complete the application form and enter the correct details.
  • Submit the required documents.

The approved loan amount will be disbursed within a short time post successful verification of your loan application. You can also visit our branch in Bhopal at the address provided below to connect with us in person.

Take advantage of our Used Car Loan in Bhopal and get the pre-owned car of your choice in a stress-free manner. With competitive interest rates and a high loan amount, you can drive home in your dream car without financial constraints. Apply now and let us be your trusted partner in fulfilling your dreams.

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.)

*Terms & Conditions Apply

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