Apply for a Pre-owned Car Loan in Chennai Today
Chennai, a cultural hub and the capital of Tamil Nadu, is home to the booming automobile and IT industries. Make your commute in this city convenient with a car of your choice. Access affordability with a Pre-owned Car Loan of up to ₹75 Lakh from Poonawalla Fincorp. Enjoy flexible EMIs, quick approvals, and instant disbursal. Apply now!
Why Choose Poonawalla Fincorp
Pre-owned Car Loan EMI Calculator
Calculate your monthly repayment obligations with our second-hand car EMI calculator. Enter the loan amount, interest rate, and tenure for instant and accurate results. Try now!
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.
Eligibility Criteria for a Pre-owned Car Loan in Chennai
Depending upon whether you are salaried, self-employed or an established firm/company, your eligibility criteria may differ based on:
- Age
- Occupation
- Experience/Vintage
- Citizenship
Click to know more about our eligibility criteria in detail.
Documents Required for a Used Car Loan in Chennai
Submit the required documents based on whether you are salaried, self-employed or an established firm/company to avail of this loan:
- Car Documents
- Identity Proof
- Address Proof
- Income Proof
- Bank Account Statement
Click to know more about the documents required in detail.
Interest Rate and Charges for a Pre-owned Car Loan
Avail of a second-hand car at a competitive interest rate and nominal 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
Different Types of Cars to Buy with a Used Car Loan
- Pre-owned sedans
- Hatchbacks
- SUVs
- Premium cars
- Electric cars
Who Can Get a Pre-owned Car Loan in Chennai
- Salaried employees
- Self-employed individuals
- Firms or companies
Tips for Successful Pre-owned Car Loan Application
- Check the eligibility criteria
- Keep the required documents ready
- Understand the terms and conditions
- Maintain a credit score of 750 or above
- Opt for the loan amount needed
- Correct any errors in your credit report
- Offer a larger down payment
- Choose a car within your budget
Poonawalla Fincorp Branch Address in Chennai
Address: 2nd Floor, The Oval Tower, Venkata Narayana Road, T.Nagar, Chennai, Tamil Nadu-600017
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


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


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!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


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!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
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Frequently Asked Questions
Yes, you can avail of a Pre-owned Car Loan of ₹50 Lakh if your credit score is 750 or above. Maintaining a high credit score gives you an advantage. Based on it and your repayment capacity, you can opt and get approval for a loan between ₹2 Lakh and ₹75 Lakh from us.
To get a second-hand car loan, you are required to provide your car registration number and vehicle insurance documents if you’ve already settled on your car of choice. By uploading minimal documentation when prompted, you can quickly complete our application process.
Follow the given tips to get lower interest rates on your Pre-owned Car Loan:
- Build a good credit score
- Choose a shorter tenure
- Offer to pay a higher down payment
- Clear all your existing debts
- Provide proof of sufficient income
- Establish a relationship with the lender as a customer