pre-owned car loan in ludhiana

Pre-Owned Car Loan in Ludhiana

No Hidden Charges | Easy Process | Flexible Repayment Option

Ludhiana, the vibrant city known for its industrial prowess and cultural heritage, is home to many car enthusiasts. If you're in Ludhiana and planning to purchase a pre-owned car, obtaining a Pre-Owned Car Loan can make your dream a reality. With a Used Car Loan in Ludhiana, you can finance your desired car without straining your finances.


The interest rates for Pre-Owned Car Loans start from 11% per annum onwards, ensuring affordability and convenience for the residents of Ludhiana. Here are the key details regarding Pre-Owned Car Loan Interest Rates:

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 3% per month
Cheque Bounce Charges ₹1000 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges
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    Higher Loan Amount

  • Easy Access To Funds Logo

    Loan up to 100% of Car Value

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    Streamlined Documentation

Higher Loan Amount

Unlock your dream car's potential with our Pre-Owned Car Loan! Receive a loan sanction of up to ₹75 Lakh, transforming your car ownership aspirations into a delightful reality.

Loan up to 100% of Car Value

At Poonawalla Fincorp, access up to 100% of the car's value in funding, ensuring a stress-free and seamless car buying experience.

Streamlined Documentation

Our Pre-Owned Car Loan comes with minimized documentation requirements, ensuring a smooth and time-saving process for you.

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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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& Car

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 Ludhiana

  • 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 Ludhiana.

After you submit your application, our team will promptly assess it and, upon successful verification, proceed with the prompt disbursal of the loan amount. If you would like to have a face-to-face interaction, we encourage you to visit our branch at the provided address.

Get ready to hit the roads of Ludhiana in your dream pre-owned car with our Used Car Loan in Ludhiana! With loan options covering up to 100% of the car's value, there's no need to compromise on your desired car. Experience the joy of owning your dream car without any financial burden. Apply now for our Pre-Owned Car Loan in Ludhiana and embrace the convenience and affordability of car ownership in this vibrant city!

Poonawalla Fincorp Limited

Address: 7th Floor, SCO 10 & 11, Feroz Gandhi Market, Ludhiana- 141001, Punjab (Landmark-Above DCB Bank)
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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