Pre-owned Car Loan in Mizoram

Pre-owned Car Loan in Mizoram

Loan up to ₹75 Lakh | Quick Approval

Mizoram's agriculture, manufacturing, and services sectors have contributed significantly to its growth. Among the states of India, it boasts one of the fastest-growing economies, with an ever-increasing demand for various needs, including cars. Poonawalla Pre-owned Car Loan is an excellent option for those seeking to acquire their dream car. With our Pre-owned Car Loan, you can obtain a loan amount of up to ₹75 Lakh with minimal documentation and no hidden fees.

Poonawalla Fincorp's Pre-owned Car Loan offers several features and benefits, such as:

  • High-value sanction

    High-value sanction for purchase

  • Comfortable and flexible loan tenure

    Flexible loan tenure

  • Low used car loan interest rate & charges

    Competitive interest rate & charges

  • Online loan application in few steps

    Online loan application in few steps

  • Minimal documentation, quick loan processing, and swift approvals

    Minimal documentation

  • Quick loan processing

    Quick loan processing

  • Swift approvals

    Swift approvals

  • 100% transparency with no hidden charges

    100% transparency with no hidden charges

  • Customized Pre-Owned Car Loan for easy loan planning

    Customized Pre-Owned Car Loan for easy loan planning

You can get Pre-owned Car Loan interest rates starting at 11%* p.a. To check out the below table know more about interest rates and other 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.

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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

Our Pre-owned Car Loan is now easier to qualify for. Check out the table below for more information.

Age Requirement

Age

Work Experience Required

Work Experience

Monthly Salary Required

Income

Citizenship Status

Indian Citizen

To know more about our eligibility criteria for a Pre-owned Car Loan, please visit our eligibility and documentation page for Pre-owned Car Loan.

Poonawalla Fincorp's Pre-owned Car Loan requires minimal documentation for quick loan processing. Please find below the documentation requirements.

  • KYC Documents

    KYC documents

  • Income Proof

    Financial/Income documents

  • Financial Documents

    Ownership and Insurance documents

  • Address Proof

    Address proof documents

  • Proof of Employment

    Bank Statement

To know more about our documentation requirement for a Pre-owned Car Loan, please visit our eligibility and documentation page for a Pre-owned Car Loan.

Are you looking for a Pre-owned Car Loan in Mizoram? Poonawalla Fincorp can assist you. We provide Pre-owned Car Loans for different types of cars, such as Hatchbacks, Sedans, SUVs, and Luxury Cars, giving you a wide range of choices. Our interest rate for Pre-owned Car Loans is 11%* per annum, and we offer borrower-oriented features such as minimal documentation, a higher loan amount of up to ₹75 Lakh, and no foreclosure charges.

*Terms & Conditions Apply

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