Apply For a Pre-Owned Car Loan in Vellore with Minimal Documentation!
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.
Pre-Owned Car Loan: EMI Calculator
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EMI Amount = *
Pre-Owned Car Loan Interest Rates in Vellore
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.
Features and Benefits of Pre-Owned Car Loan in Vellore
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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.
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
& 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 Vellore?
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.
*T&C Apply