pre-owned car loan in visakhapatnam

Pre-Owned Car Loan in Visakhapatnam

Flexible Repayment Option | Attractive Interest Rates | No Hidden Charges

Visakhapatnam, or Vizag, is a thriving coastal city in Andhra Pradesh, India. With its scenic beaches and growing industries, the demand for personal transportation, including used cars, is constantly rising. To meet your aspirations in Visakhapatnam, Poonawalla Fincorp provides a customized Used Car Loan designed specifically for you.

Our Used Car Loan in Visakhapatnam is the key to transforming your dream of owning a pre-owned car into a reality. Whether you have your eye on a sleek sedan, a versatile SUV, or a stylish hatchback, our loan amount can be utilized to purchase a wide range of used cars from authorized dealers in Visakhapatnam.

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Pre-Owned Car Loan Interest Rates in Visakhapatnam are a key factor in determining the total expense of your loan. Refer to the below table 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
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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    Competitive Interest Rates

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    Quick Loan Approval

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    Minimal Documentation

Competitive Interest Rates

Our Pre-Owned Car Loans come with affordable interest rates, making your monthly repayments manageable and helping you stay within your budget while fulfilling your dream of owning a pre-owned car.

Quick Loan Approval

We understand the urgency of acquiring funds for your pre-owned car purchase. Our streamlined loan approval process ensures quick access to the funds you need, allowing you to drive your dream car without unnecessary delays.

Minimal Documentation

We believe in simplifying the loan application process for our customers. With our Pre-Owned Car Loans, you can enjoy a hassle-free experience as we require minimal documentation.

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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 Visakhapatnam

  • 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 Visakhapatnam.

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

Get a Used Car Loan in Visakhapatnam with no hidden charges and enjoy the benefits of flexible repayment options and attractive interest rates. Poonawalla Fincorp offers a seamless borrowing experience, making your dream of owning a pre-owned car a reality. Apply today and drive home in your desired car.

Poonawalla Fincorp Limited

Address: Door No.10-5-/22/2/3, 2nd Floor, Varsha Tower, Waltair Main Road, Opp to WNS building, Vishakhapatnam, Andhra Pradesh-530003
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

*T&C Apply

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