pre-owned car loan in mumbai

Pre-Owned Car Loan in Mumbai

Attractive Interest Rates | Quick Approvals | Easy Application Process

Poonawalla Fincorp Pre-owned Car Loan in Mumbai

Get ready to drive in your own car

Mumbai, ‘the city that never sleeps’ is bound to keep you engaged in a constant marathon to chase your dreams. However, the long working hours bring in fatigue and make you yearn for a break. Whether it’s a drive to the Gateway of India or to one of the beaches, it is always a special feeling. Be it the street food or a trip to one of the many shopping malls within the city or the weekend getaways to the nearest hill stations, when you own a car in Mumbai you can enjoy an easy commute at your convenience.

Looking for a used car loan in Mumbai? Poonawalla Fincorp Pre-Owned Car Loan helps you get a higher loan at an affordable interest rate, with a simple loan eligibility and minimum documentation process. Enjoy a quick and hassle-free approval process, and get ready to drive around the city of dreams.

Avail the benefits of Poonawalla Fincorp Pre-Owned Car Loan in Mumbai:

  • Higher used car finance in Mumbai up to ₹30 Lakhs.
  • Up to 100% funding on a wide range of cars.
  • Competitive used car loan interest rate in Mumbai.
  • Flexible repayment tenure up to 60 months.
  • Complete transparency with no hidden charges.
  • Easy and minimal documentation.
  • End-to-end personalized doorstep service to assist in your loan process.

Interest Rate

APR ranging from 13% to 18% | One-time Processing Fee of 1% plus taxes.

Repayment

Flexible repayment tenure from 1 year to 5 years with 5% Foreclosure charges on your loan after 6 months from date of availing.

Example

Loan Amount Rs.10 lakh, Interest Rate: 10%, Tenure: 5 years, equates to EMI of Rs. 21,247 per month.

This rate of interest is prone to fluctuation basis our internal credit and risk policy, and as per an algorithmic multivariate score card.
*T&C Apply

Apply for Pre-Owned Car Loan online in 5 Easy Steps Arrow Logo

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Apply Online

Click on Apply online and fill in the basic details in application form.

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Submit Documents

Submit your KYC and Income documents to check your loan eligibility.

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Verification

Verification

The application and documents are processed for quick verification and assessment.

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Quick
Approval

Quick Approval

You get a quick update once your loan application is approved.

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Instant
Disbursal

Instant Disbursal

That’s it! Your car loan is instantly disbursed and ready for you to drive your dream car.

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What should you look for in a car loan?

Buying a car involves a significant amount of investment! Before finalising a car you should do a thorough research of various car models, their features and mileage, and finally the mode of finance. Most people prefer a car loan rather than dipping into your savings, whether it is for a brand new or used car.

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