pre-owned car loan in chandigarh

Pre-Owned Car Loan in Chandigarh

High Loan Amount | Attractive Interest Rates | Minimal Documentation

Known for its well-planned architecture and vibrant culture, Chandigarh is a city that combines modernity with a touch of tradition. As a hub for commerce and education, Chandigarh witnesses a significant demand for pre-owned cars. Poonawalla Fincorp understands the aspirations of its residents and offers Used Car Loans in Chandigarh tailored to their needs.

With competitive interest rates, flexible repayment options, and a streamlined loan application process, we support the people of Chandigarh in acquiring their desired pre-owned cars. Experience the joy of getting to drive your dream car in Chandigarh with Poonawalla Fincorp's Pre-Owned Car Loans.


The interest rates for Used Car Loans in Chandigarh may vary based on certain factors like your credit history, loan amount, and loan tenure. To learn more, please review the following details:

Pre-Owned Car Loan Interest Rates 11% p.a onwards
Loan Amount ₹1 Lakh - ₹75 Lakhs
Loan Processing Fees 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. 5% of the outstanding loan amount plus taxes if paid from other sources
Late Payment Charges 3% per month
Cheque Bounce Charges ₹1000 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges
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    Quick Disbursal

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    Transparent Process

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    Flexible Repayment Options

Quick Disbursal

We value your time and strive to disburse the loan amount promptly. Our efficient loan processing ensures a seamless experience, allowing you to drive away in your chosen pre-owned car without unnecessary delays.

Transparent Process

We uphold the values of transparency and honesty. We are committed to providing a loan experience with no hidden charges.

Flexible Repayment Options

You can choose a repayment timeline that suits your financial capabilities, ranging up to 72 months.

The purposes of a Used Car Loan, also known as a Pre-Owned Car Loan, offered by Poonawalla Fincorp are as follows:

  • Meeting Transportation Needs: A Used Car Loan enables individuals to meet their transportation needs effectively. It allows you to acquire a personal vehicle for daily commuting, running errands, and travelling comfortably.
  • Financial Flexibility: Instead of paying the full amount for a used car upfront, you can choose to repay the loan in monthly instalments over a specific loan term. This allows you to manage your finances more efficiently.
  • Upgrading to a Newer Model: If you already own an older vehicle and wish to upgrade to a more recent model with improved features and performance, a Used Car Loan can help finance the purchase.
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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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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 Chandigarh:

  • Visit our official website to assess your loan eligibility.
  • Select the loan option and click on ‘Apply Now’.
  • Complete the application form.
  • Submit the documents required.

Upon submitting your application, our team will promptly review it. After successful verification, we will proceed with the disbursement of the loan amount. If you prefer a face-to-face interaction, you are invited to visit our branch at the address specified below.

Acquiring a Used Car Loan in Chandigarh opens up opportunities for car ownership without straining your finances. With competitive interest rates, flexible repayment options, and minimal documentation, it is a viable financing option for individuals looking to purchase a pre-owned vehicle. Get a Pre-Owned Car Loan from Poonawalla Fincorp to experience a hassle-free loan application process and benefit from attractive interest rates, making your dream of owning a car a reality.

Poonawalla Fincorp Limited

SCF 75, 2nd & 3rd floor, Phase - 9, Mohali-160 062, Chandigarh
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6 pm

*Terms & Conditions Apply

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