Get a Pre-Owned Car Loan in Nagpur with Attractive Interest Rates!
Located in the state of Maharashtra, Nagpur is a major commercial and industrial hub in central India. With its strategic location and rapid development, Nagpur witnesses a considerable demand for pre-owned cars. Poonawalla Fincorp recognizes the requirements of Nagpur's residents and offers Pre-Owned Car Loans designed to meet their specific needs.
Applying for a Used Car Loan in Nagpur is a straightforward process. Poonawalla Fincorp provide hassle-free online applications. The application typically requires basic personal and financial details, along with the necessary documents such as identity proof, address proof, income proof, and vehicle-related documents. Once the application is submitted, the lender evaluates the eligibility and processes the loan request.
Pre-Owned Car Loan: EMI Calculator
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EMI Amount = *
Pre-Owned Car Loan Interest Rates in Nagpur
Interest rates play a crucial role in determining the affordability of a loan. In Nagpur, the interest rates for Used Car Loan in Nagpur, may vary depending on factors such as the borrower's credit history, loan tenure, loan amount, and the lender's policies. Poonawalla Fincorp offers competitive interest rates, ensuring that borrowers have access to affordable repayment options.
| 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.
Features and Benefits of Pre-Owned Car Loan in Nagpur
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Lower Cost
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Variety of options
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Reduced Depreciation
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Lower Insurance Premiums
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Avoiding Initial Depreciation
Lower Cost
Pre-owned cars are generally more affordable than new vehicles, and a Pre-Owned Car Loan enables individuals to finance the purchase conveniently.
Variety of options
Opting for a pre-owned car allows for a broader range of choices within a given budget.
Reduced Depreciation
Used Car Loan in Nagpur, experience slower depreciation compared to new vehicles, offering better value for money.
Lower Insurance Premiums
Insurance premiums for pre-owned cars tend to be lower than those for new cars, leading to potential cost savings.
Avoiding Initial Depreciation
New cars typically experience significant depreciation during the first few years. With a pre-owned car, borrowers can bypass this initial value drop.
Apply for Pre-Owned Car Loan online in 4 Easy Steps
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
How to apply for a Pre-Owned Car Loan in Nagpur?
Follow these steps to get a Used Car Loan in Nagpur,
- 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 Nagpur,
After you have submitted your application, our team will promptly review it. Upon successful verification, we will expedite the disbursement of the loan amount. If you prefer a personal interaction, you are welcome to visit our branch at the provided address.
Poonawalla Fincorp Branch Address in Nagpur:
Poonawalla Fincorp Limited
Address: 1st Floor, Vision, Plot No. 9, CTS No. 1062, VIP road, beside traffic park, Mouje Gadge, Dharampeth, Nagpur, Maharashtra-440010
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's Used Car Loan in Nagpur, service offers a convenient and affordable solution for individuals seeking to purchase a used car. With competitive interest rates, flexible repayment options, quick loan processing, and minimal documentation requirements, Poonawalla Fincorp ensures a seamless borrowing experience. Whether you're a first-time buyer or looking to upgrade to a better vehicle, our Pre-Owned Car Loan can help you drive home your dream car. Take the first step towards owning your pre-owned car by availing of our reliable financing service today.
*Terms & Conditions Apply
