pre-owned car loan in meerut

Pre-Owned Car Loan in Meerut

No Concealed Fees | Competitive Interest Rates| Minimal Documentation

Situated in the heart of Uttar Pradesh, Meerut is a city steeped in history and cultural heritage. With its industrial prowess and flourishing agricultural sector, Meerut is a bustling hub of economic activity. As the demand for pre-owned cars continues to rise in Meerut, Poonawalla Fincorp recognizes the aspirations of its residents and is committed to helping them turn their dreams of owning a quality pre-owned car into a reality.

Our Pre-Owned Car Loans are designed with the specific needs of Meerut's residents in mind. With competitive interest rates, flexible repayment options, and a hassle-free loan application process, Poonawalla Fincorp ensures a seamless borrowing experience for the people of Meerut. Whether you're looking to upgrade your current vehicle or explore new horizons on the roads of Meerut, Poonawalla Fincorp is here to support you every step of the way.


Interest rates play a crucial role in determining the affordability of any loan. Poonawalla Fincorp offers competitive interest rates for Used Car Loan in Meerut. These rates are influenced by factors such as the loan amount, repayment tenure, and creditworthiness. It is advisable to compare interest rates from different lenders to secure the most favorable terms.

Pre-Owned Car Loan Interest Rates 11% p.a. onwards
Loan Amount ₹1 Lakh - ₹75 Lakh
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
  • Easy To Apply Logo

    Flexible Repayment Options

  • Competitive Interest Rate Logo

    Minimal Documentation

  • Quick Processing Logo

    Quick Loan Disbursal

  • No Restriction On Usage Logo

    Lower Down Payments

Flexible Repayment Options

Poonawalla Fincorp provides flexible repayment tenures, allowing you to choose a duration that suits your financial situation and ensures convenient EMIs.

Minimal Documentation

The documentation process for Pre-Owned Car Loans is streamlined, making it hassle-free and time-efficient for borrowers.

Quick Loan Disbursal

Once your Used Car Loan in Meerut application is approved, Poonawalla Fincorp ensures fast loan disbursal, enabling you to drive your dream car home without unnecessary delays.

Lower Down Payments

Pre-Owned Car Loans generally require lower down payments compared to new car loans, making car ownership more accessible, especially for individuals with limited savings.

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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 Meerut

  • 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 Meerut

Once you have submitted your application, our team will promptly review it. After successful verification, we will disburse the loan amount without delay. If you prefer a personal interaction, we welcome you to visit our branch at the address provided.

Poonawalla Fincorp Limited

Address: 2nd Floor, "Corpo Tower", Plot-309/1, Mangal Pandey Nagar, Meerut-250004, Uttar Pradesh
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

Poonawalla Fincorp is your trusted partner when it comes to Used Car Loan in Meerut. With competitive interest rates, flexible repayment options, and customer-centric services, we help turn your dream of car ownership into a reality. By availing of a Used Car Loan in Meerut, you can enjoy the convenience and freedom of owning a car without straining your finances. Take the first step towards driving your dream car by exploring the Pre-Owned Car Loan services offered by Poonawalla Fincorp in Meerut today.

*Terms & Conditions Apply

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