pre-owned car loan in indore

Pre-Owned Car Loan in Indore

Attractive Interest Rates | Quick Approvals | Easy Application Process

The historical city of Indore is also the educational hub and commercial capital of Madhya Pradesh. For those who wish to take a break from the urban hustle and bustle, the city also offers beautiful weekend getaways like wildlife sanctuaries and historical sites. However, if you don’t have the funds to purchase a car to explore these sites, simply avail of a Used Car Loan in Indore from Poonawalla Fincorp.

We offer Pre-Owned Car Loans in Indore at attractive interest rates and transparent terms, with minimum documentation. Apply for the loan through a quick and hassle-free application process without worrying about hidden charges. Get ready to experience the joy of driving the pre-owned car of your choice through the roads of Indore.

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Our Used Car Loan in Indore comes with competitive interest rates and makes it easier for you to get your preferred car without any financial stress. The table below provides more details:

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.

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    High Loan Amount

  • Easy Access To Funds Logo

    Hassle-Free Application

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    Flexible Repayment Period

High Loan Amount

With our Used Car Loan in Indore, you can avail of loan amounts up to ₹75 Lakh. So, feel free to choose the perfect car that suits your lifestyle and needs.

Hassle-Free Application

You can apply for a Used Car Loan in Indore instantly thanks to our user-friendly online application process.

Flexible Repayment Period

Avail of a Used Car Loan in Indore with Poonawalla Fincorp and enjoy a repayment period of up to 72 months.

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Online

Apply Online

Click on ‘Apply Now’ and provide your contact details and loan details

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Personal
Details

Personal Details

Enter your DOB, Qualification and other necessary details

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Details

Employment & Car Details

Enter your employment details, car details (if car is finalized) and submit the form

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Verification

Verification

Application will then proceed for verification and assessment

Follow these steps to get a Used Car Loan in Indore

  • Visit our official website and go through the loan eligibility criteria.
  • Select 'Pre-Owned Car Loan' and click on 'Apply Now.'
  • Enter the correct details when completing the application form.
  • Submit the required KYC documents.

The approved loan amount will be disbursed after the successful verification of your loan application. You can also visit our branch in Indore at the address provided below if you prefer to meet in person.

With Poonawalla Fincorp, you can easily avail of a Used Car Loan at attractive interest rates and transparent terms. The application process is hassle-free, and you can enjoy a repayment period of up to 72 months. Avail of a Used Car Loan in Indore and drive through its beautiful roads without any financial stress.

Poonawalla Fincorp Limited

Address: Office No. 717 to 720, 07th Floor, Benchmark Business Park, Near Satya Sai Square, Vijay Nagar, Indore, Madhya Pradesh - 452010
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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