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 Interest | 2% per month |
Repayment Instrument Dishonour Charges | ₹500 per bounce plus applicable taxes |
Stamp Duty | At actuals (as per state) |
No Other Hidden Charges |
EMI Calculator
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EMI Amount = *
How to Apply for a Pre-Owned Car Loan in Meghalaya
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Apply
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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& Car
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
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.
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Age
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Work Experience
![Monthly Salary Required](img/monthly-salary.png)
Income
![Citizenship Status](img/citizenship.png)
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