Apply for a Pre-Owned Car Loan in Meghalaya with Quick Approval!
Located in the northeast of India, Meghalaya offers an astonishing landscape. From beautiful mountain regions to crystal clear rivers, it is a state filled with natural wonders that everyone must explore; and having the right car can help you accomplish this dream.
You can make your dream come true of owning a car with the help of a Pre-Owned Car Loan in Meghalaya from Poonawalla Fincorp. You can avail of a Pre-Owned Car Loan for hatchbacks, sedans, EVs and even for a luxury car. The entire process is swift and hassle-free with minimal documentation. Apply now!
Features and Benefits of Pre-Owned Car Loans in Meghalaya
Our Pre-Owned Car Loan is borrower-friendly and has various features and benefits, which include:
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Collateral-free
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Multi-purpose Usage
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Competitive interest Rates and Charges
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Quick Approval
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Instant Disbursal
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No Hidden Charges
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No Penalty for Prepayment or Foreclosure
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Flexible Repayment Plans
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Simple 5 Step Online Application
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Easy-to-Use EMI Calculator
Pre-Owned Car Loan Interest Rates and Charges in Meghalaya
You can apply for a Pre-Owned Car Loan at favourable interest rates. Please see the table below for other applicable charges:
| 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.
EMI Calculator
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EMI Amount = *
How to Apply for a Pre-Owned Car Loan in Meghalaya
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
Types of Pre-owned Car Loan
Eligibility Criteria for Pre-Owned Car Loan in Meghalaya
You can quickly apply for our Pre-Owned Car Loan by fulfilling simple eligibility requirements. To see the complete criteria list, please visit the ‘Eligibility and Documents’ page.
Age
Work Experience
Income
Indian Citizen
Documents required for Pre-Owned Car Loan in Meghalaya
The different types of documents required when applying for our Pre-Owned Car Loan include:
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KYC documents
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Financial/Income documents
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Ownership and Insurance documents
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Address proof documents
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Bank Statement
Note: To find out more about our documentation requirements for a Pre-Owned Car Loan, please visit our ‘Eligibility and Documentation’ page.
Make your dream come true of driving a car in Meghalaya with Poonawalla Fincorp’s Pre-Owned Car Loan. We offer Pre-owned Car Loans for various types of cars, including hatchbacks, sedans, SUVs, luxury cars and even electric cars, giving you a wider range of choices to select from as per your preferences. Go ahead and apply now!
*Terms & Conditions Apply
