pre-owned car loan in patiala

Pre-Owned Car Loan in Patiala

Competitive Interest Rates | Minimal Paperwork | Easy Process

Located in the state of Punjab, Patiala is a historic city known for its rich Sikh heritage, royal palaces, and cultural significance. With a vibrant population and a developing economy, Patiala also witnesses demand for pre-owned cars. Poonawalla Fincorp recognizes the requirements of Patiala's residents and offers Used Car Loan in Patiala designed to meet their specific needs. With competitive interest rates, flexible repayment options, and quick loan approvals, Poonawalla Fincorp supports the people of Patiala in fulfilling their aspirations of owning a quality pre-owned car.

Poonawalla Fincorp extends its range of Pre-Owned Car Loans, meticulously designed to cater to their specific needs. Whether it's exploring the scenic roads of Punjab or embarking on memorable journeys with loved ones, Poonawalla Fincorp is committed to supporting the residents of Patiala in experiencing the joy and freedom that comes with owning a trusted pre-owned car.


Interest rates play a crucial role in determining the affordability of a loan. Please see below for more details:

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
Late Payment Charges 3% per month
Cheque Bounce Charges ₹1000 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges

Used Car Loan in Patiala, come with several features and benefits that make them an attractive financing option. Here are some notable ones:

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    Flexible Loan Amount

  • Loan Amount Ranging Logo

    Competitive Interest Rates

  • Easy Access To Funds Logo

    Convenient Repayment Options

  • Competitive Interest Rate Logo

    Quick Approval and Disbursal

Flexible Loan Amount

You can avail of a loan amount based on the value of the preowned car you intend to purchase.

Competitive Interest Rates

We strive to provide competitive interest rates to make your loan more affordable.

Convenient Repayment Options

Choose a loan tenure that suits your financial situation and enjoy flexible repayment options.

Quick Approval and Disbursal

With streamlined processes, lenders aim to provide quick loan approval and disbursal, allowing you to get behind the wheel of your dream car sooner.

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Apply Online

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

Follow these steps to get a Used Car Loan in Patiala:

  • 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 Patiala.

Upon submission of your application, our team will promptly review it and, upon successful verification, proceed with the prompt disbursal of the loan amount. If you would like to have a face-to-face interaction, we extend a warm welcome for you to visit our branch at the provided address.

Poonawalla Fincorp Limited

Address: Ground Floor, Plot/SCO 134, Choti Bardari, Patiala, Punjab : 147001
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

With a Used Car Loan in Patiala, the dream of owning a pre-owned car is possible. Poonawalla Fincorp, a trusted financial institution, offers reliable loan services, ensuring a seamless journey from application to repayment. Whether you're a professional or a family in need of a dependable vehicle, exploring the Pre-Owned Car Loan options can transform your aspirations into reality. Waste no time, connect with Poonawalla Fincorp today, and embark on your journey to owning a preowned car in Patiala!

*Terms & Conditions Apply

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