Apply for a Pre-Owned Car Loan in Delhi with a 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.
Pre-Owned Car Loan: EMI Calculator
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EMI Amount = *
Pre-Owned Car Loan Interest Rates in Delhi
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 |
| Default Charges | 24% per annum |
| Repayment Instrument Dishonour Charges | ₹500 per bounce plus applicable taxes |
| Stamp Duty | At actuals (as per state) |
| No Other Hidden Charges | |
Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.
Features and Benefits of Pre-Owned Car Loan in Delhi
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Flexible Loan Amounts
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Convenient Repayment Options
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Quick Processing and Disbursal
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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.
Apply for Pre-Owned Car Loan online in 4 Easy Steps
Apply
Online
Apply Online
Click on ‘Apply Now’ and provide your contact details and loan details
Personal
Details
Personal Details
Enter your DOB, Qualification and other necessary details
Employment & Car
Details
Employment & Car Details
Enter your employment details, car details (if car is finalized) and submit the form
Verification
Verification
Application will then proceed for verification and assessment
How To Apply for a Pre-Owned Car Loan in Delhi?
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.
Conclusion
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 Branch Address in Delhi:
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
