Get a Pre-Owned Car Loan In Tamil Nadu with No Hidden Charges!
Tamil Nadu, the land of ancient temples, is one of the fastest growing states in India. The ever-expanding automobile manufacturing, textiles, pharmaceuticals, and tourism industry in the state, has spurred the personal growth of the residents. It has also resulted in the increasing demand for latest cars.
If you are planning to purchase a car, you can apply for a Pre-owned Car Loan from Poonawalla Fincorp and become a proud car owner. You can get a loan of up to ₹75 Lakh with minimal documentation and no hidden fees.
Features and Benefits of a Pre-Owned Car Loan in Tamil Nadu
When you apply for a Pre-Owned in Tamil Nadu with Poonawalla Fincorp, you can enjoy a wide range of features and benefits, including:
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High-value sanction for purchase
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Flexible loan tenure
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Competitive interest rate & charges
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Online loan application in few steps
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Minimal documentation
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Quick loan processing
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Swift approvals
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100% transparency with no hidden charges
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Customized Pre-Owned Car Loan for easy loan planning
Pre-Owned Car Loan Interest Rates in Tamil Nadu
At Poonawalla Fincorp, we offer a Pre-Owned Car Loan at the most competitive interest rates, starting at 11%* p.a. When you apply for a loan, you must incur a few other charges apart from the interest. As an applicant, you must be aware of these charges to know the exact borrowing cost.
Refer to the table below to know the interest rate 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.
EMI Calculator
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EMI Amount = *
How to apply for a Pre-Owned Car Loan in Tamil Nadu?
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
Types of Pre-Owned Car Loan
Eligibility Criteria for a Pre-Owned Car Loan In Tamil Nadu
To be eligible for a Pre-Owned Loan from Poonawalla Fincorp in Tamil Nadu, you must meet certain criteria. For more details, refer to the table below:
Age
Work Experience
Income
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.
Documents Required for a Pre-Owned Car Loan In Tamil Nadu
At Poonawalla Fincorp, we have simple documentation requirement for a Pre-Owned Car Loan. This speeds the application process, and lets you get quick approval. You must submit a few basic documents that are listed below:
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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
With Poonawalla Fincorp's Pre-Owned Car Loan in Tamil Nadu, you can enjoy benefits such as a higher loan amount up to ₹75 Lakh, attractive interest rate, minimal documentation, and no hidden charges. You can apply for the loan online and get quick approval. So, take your first step towards driving your dream car, Apply Now!
Poonawalla Fincorp’s Branches in Tamil Nadu
Poonawalla Fincorp Limited
Address: 2nd Floor,The Oval Tower, Venkatanarayana Road, T.Nagar, Chennai Tamil Nadu-600017
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Address: No. 12A, 4th Floor,ATP Tower, Bypass Road, Madurai, Tamil Nadu-625016
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Address: No 258/2,2/91, 2nd Floor, Sri Vaari Shopping Mall, New Bus Stand Main Road, Meyyanur, Salem,Tamil Nadu-,-636004
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Address: Office No 2, 3rd Floor, Ray Towers, Vadavoor Salai, 9th Cross, Thillainagar, Trichy, Tamil Nadu--620018.
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Address: 6th Floor, Classic Towers, Trichy Road,Coimbatore Tamil Nadu-641018.
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
*Terms & Conditions Apply
