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.


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
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
  • Easy Access To Funds Logo

    Competitive Interest Rates

  • Easy Access To Funds Logo

    Quick Loan Approval

  • Loan Amount Ranging Logo

    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.

Semi Circle Logo
Laptop Logo

Apply Online

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

Semi Circle Logo
Document Required Logo

Personal Details

Enter your DOB, Qualification and other necessary details

Semi Circle Logo
Verfied LogoEmployment
& Car

Employment & Car Details

Enter your employment details, car details (if car is finalized) and submit the form

Semi Circle Logo
timer logo


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, "Varsha Tower", 2nd Floor Waltair Main Road, Opp to WNS, Vishakhapatnam-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

Explore Various Types of Our Used Car Loan Arrow Logo

Insightful Pre-Owned Car Loan Blogs Arrow Logo

Benefits of having a car
7 Benefits You'll Enjoy if You Upgrade to Your Own Car From a Bike

In any case, whenever someone is planning to buy a car, the first question that most of them will have is 'do I buy a brand-new vehicle or just go for a used car?'

Second hand car Loan
Loan For Second Hand Cars: Here's How You Can Get it Easily

A second-hand car or pre-owned car is one of the undisturbed markets – both post and pre-COVID times. Due to the hassle-free process of second hand car loan,

Contact Us logo Quick Apply CIBIL Score logo Free CIBIL Whatsapp logo Connect on WhatsApp