Apply for a Pre-Owned Car Loan in Chennai Through an Easy & Smooth Process!
Chennai, a city known for its rich cultural heritage, stunning beaches, and thriving automotive market, effortlessly blends tradition and modernity. As a bustling metropolis, it experiences significant demand for pre-owned cars, reflecting a dynamic lifestyle and transportation needs.
Poonawalla Fincorp understands the dreams and aspirations of Chennai's residents when it comes to owning a car. That's why we offer Used Car Loans in Chennai specifically designed to help them fulfil their dreams of owning a car. With competitive interest rates, flexible repayment options, and personalized customer service, Poonawalla Fincorp is committed to supporting the people of Chennai in purchasing the car of their dreams.
Pre-Owned Car Loan: EMI Calculator
Pre-Owned Car Loan Interest Rates in Chennai
Interest rates play a crucial role in determining the borrowing cost of a loan. When it comes to Used Car Loans in Chennai offered by Poonawalla Fincorp, the interest rates and other details are listed below:
|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|
Features and Benefits of Pre-Owned Car Loan in Chennai
Competitive Interest Rates
High Loan Amount
Competitive Interest Rates
At Poonawalla Fincorp, we provide competitive interest rates on Used Car Loans in Chennai, making them affordable and helping you save on overall interest costs.
We have streamlined the documentation process for Used Car Loans in Chennai. With minimal hassle and quick loan approval, you can expect a smoother and faster loan application process.
Higher Loan Amounts
Depending on your eligibility and the value of the pre-owned car, we offer higher loan amounts. This enables you to finance a substantial portion or even the entire cost of your desired vehicle.
We Offer Pre-Owned Car Loan in Chennai for
- Salaried Individuals
- Self-Employed Individuals
Purposes of Pre-Owned Car Loans in Chennai:
- Purchasing a Pre-owned Car: A Used Car Loan assists you in financing the purchase of a pre-owned car, providing the necessary funds that fit your budget and requirements.
- Savings Opportunity: Purchasing a pre-owned car can be seen as an excellent way to save money on an investment that normally has a higher initial cost. With this loan, you can purchase the car of your dreams without putting a dent in your savings.
- Access to Better Features: Used Car Loans enable you to access pre-owned vehicles with better features or upgrades that may have been unaffordable otherwise.
Apply for Pre-Owned Car Loan online in 4 Easy Steps
Click on ‘Apply Now’ and provide your contact details and loan details
Enter your DOB, Qualification and other necessary details
Employment & Car Details
Enter your employment details, car details (if car is finalized) and submit the form
Application will then proceed for verification and assessment
How to Apply for a Pre-Owned Car Loan in Chennai?
Follow these steps to get a Used Car Loan in Chennai:
- 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 for a Used Car Loan in Chennai.
Upon submitting your application, our team will promptly review it. Once successfully verified, we will proceed with the disbursement of the loan amount. If you prefer a face-to-face meeting, you are welcome to visit our branch at the given address.
Poonawalla Fincorp offers Used Car Loans in Chennai at competitive interest rates, flexible repayment options, and personalized customer service. We are committed to supporting Chennai's residents in purchasing their desired pre-owned cars. Apply for a Used Car Loan in Chennai through our easy and smooth process and experience the joy of owning a quality pre-owned car without any hassle.
Poonawalla Fincorp Branch Address in Chennai:
Poonawalla Fincorp Limited
Address: The Oval, 2nd Floor, Venkata Narayana Road, T. Nagar, Chennai: 600017, Tamil Nadu
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6 pm
*Terms & Conditions Apply