pre-owned car loan in vellore

Pre-Owned Car Loan in Vellore

Higher Loan Amount | No Concealed Fees | Competitive Interest Rates

Located in the southern state of Tamil Nadu, India, Vellore is a city known for its rich history, cultural heritage, and educational institutions. With its bustling markets, vibrant lifestyle, and growing population, the demand for personal transportation in Vellore has been on the rise.

Poonawalla Fincorp's Used Car Loan in Vellore is designed to make the process of owning a pre-owned car easier and more accessible. Whether you're a salaried individual, self-employed, or a business owner, our loan products are tailored to make your car ownership journey seamless and convenient. Experience the joy of driving your dream car in Vellore with our support.

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Interest rates for a Used Car Loan in Vellore vary depending on several factors, such as the loan amount, loan tenure, and creditworthiness. For more information, please review the following 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
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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    Up to 100% Car Value Funding

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    Quick Loan Processing

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    Minimal Documentation

Up to 100% Car Value Funding

Experience stress-free car ownership with our financing options. We offer funding up to 100% of the car's value, empowering you to buy your desired car without any compromises.

Quick Loan Processing

With Poonawalla Fincorp's efficient loan processing, you can expect a speedy approval process, ensuring that you can fulfil your car dreams without unnecessary delays, and drive away in your desired pre-owned car sooner.

Minimal Documentation

We understand that a hassle-free loan process is important. You can avail loan with minimal documentation, making it convenient and time saving for you.

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Apply Online

Click on ‘Apply Now’ and provide your contact details and loan details

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Personal
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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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Verification

Verification

Application will then proceed for verification and assessment

Follow these steps to get a Used Car Loan in Vellore

  • Visit the official website and 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 Vellore

After you submit your application, our team will quickly examine it and initiate the distribution of the loan funds upon successful verification. If you would rather have a face-to-face meeting, feel free to come to our branch located at the address provided.

Apply for a Used Car Loan in Vellore with us and enjoy the benefits of higher loan amount, transparent pricing, and competitive interest rates. We make the process of owning a used car convenient and hassle-free. With minimal documentation requirements, flexible repayment options, and quick loan processing, we ensure a seamless experience. Whether you're upgrading your car, replacing an unreliable car, or fulfilling your transportation needs, Poonawalla Fincorp is here to support you.

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