pre-owned car loan in delhi

Pre-Owned Car Loan in Delhi

No Hidden Costs | Easy Process | Flexible Repayment Option

As the capital city of India, New Delhi is a bustling metropolis known for its rich history, cultural heritage, and vibrant lifestyle. With a large population and diverse economic activities, New Delhi witnesses a significant demand for pre-owned cars. Poonawalla Fincorp recognizes the aspirations of New Delhi's residents and offers Pre-Owned Car Loans to help them with their dream of owning a quality pre-owned car.

When it comes to applying for a Used Car Loan in New Delhi, the process has been streamlined to ensure convenience for prospective buyers. Poonawalla Fincorp provide online loan application platforms, making it easier than ever to apply for a loan from the comfort of your home. Simply fill out the required details, submit the necessary documents, and await approval. Once approved, you can proceed to purchase your desired pre-owned vehicle.


The interest rates on Used Car Loan in New Delhi, may vary based on several factors, such as your credit score, the loan amount, and the loan tenure. Generally, the interest rates for Pre-Owned Car Loans tend to be slightly higher than those for new car loans. However, with a good credit score and a reliable repayment capacity, you can negotiate competitive interest rates. It is advisable to compare interest rates offered by various lenders in Delhi to secure the most favorable deal.

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
Late Payment Charges 2% per month
Cheque Bounce Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges
  • Easy Access To Funds Logo

    Flexible Loan Amounts

  • Easy Access To Funds Logo

    Convenient Repayment Options

  • Loan Amount Ranging Logo

    Quick Processing and Disbursal

  • Loan Amount Ranging Logo

    Minimal Documentation

Flexible Loan Amounts

Used Car Loan in New Delhi, offer flexible loan amounts based on the value of the pre-owned car, ensuring you can borrow an amount that suits your budget and requirements.

Convenient Repayment Options

Lenders provide flexible repayment options, allowing you to choose a loan tenure that aligns with your financial capabilities.

Quick Processing and Disbursal

The loan application process is swift, and once approved, the funds are disbursed promptly, enabling you to make your purchase without delays.

Minimal Documentation

Compared to traditional loans, Pre-Owned Car Loans require minimal documentation, making the application process hassle-free.

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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 New Delhi

  • Visit the official website and 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 New Delhi.

After you have submitted your application, our team will promptly review it. Upon successful verification, we will expedite the disbursement of the loan amount. If you prefer a face-to-face interaction, you are welcome to visit our branch at the provided address.

A Used Car Loan in New Delhi can help you fulfill your desire to own a pre-owned car without straining your finances. Drive home your dream car with a Pre-Owned Car Loan in Delhi and enjoy the freedom of the open road.

Poonawalla Fincorp Limited

Address: 5th Floor, Prem Dohil Sadan, Plot No 11, Rajendra Place, New Delhi -110008
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

*T&C Apply

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