Loan Amount
Up to ₹75 Lakh
Interest Rate
Starting at 11%* p.a.
Loan Tenure
12-72 Months

Pre-owned Car Loan EMI Calculator

Before applying for a car loan, it is important to carefully plan your finances. One effective way to estimate your monthly budget is by using a Pre-owned Car Loan EMI calculator to determine how much you will need to pay each month.

Optimise Your Pre-Owned Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹200000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
11%
30%

Tenure

Months
12 Months
72 Months

Why Choose Poonawalla Fincorp

high loan value icon Loan up to 100%
of Car’s Value
Interest rate icon Competitive
Interest Rate
Minimal documentation icon Minimal
Documentation
Online application icon Online
Application
flexible repayment icon Flexible Repayment
Tenure
No hidden charges icon No Hidden
Charges

Apply for a Used Car Loan in Just 3 Steps

step1

Click on "Apply Now"

Tap the “Apply Now” button to initiate your application.

step2

Enter Details

Enter your DOB, contact, employment and car details.

step3

Upload Documents

Upload the necessary documents for quicker approval.

On successful verification, the loan amount will be disbursed into your bank account instantly.

Get exclusive offers thoughtfully customised just for you

You need to submit the following documents for an easy loan process:

  • Car Documents

  • Aadhaar card, PAN card, or any other valid ID proof
  • Valid address proof showing current residence
  • Salary slips for salaried individuals or financial records for self-employed applicants
  • Bank statements and bank account verification documents
  • Registration certificate, insurance papers, and related vehicle documents

The sooner you provide accurate documentation, the faster your paperwork can be verified. 

Buyers in Ajmer can choose from multiple car types when applying for a Pre-Owned Car Loan. The type of car should match the buyer’s lifestyle and usage:

  • Hatchbacks: Ideal for navigating narrow streets and city driving.
  • SUVs: Suitable for daily commuting and handling varied road conditions.
  • Sedans: Best for comfortable long drives and trips to nearby areas like Pushkar.
  • Luxury Vehicles: Offer superior comfort, advanced features, and an enhanced driving experience.

Whether you are buying your first pre-owned car or upgrading your current vehicle, financing it with a used car loan can make the process easier.

A wide range of applicants can apply for this loan:

  • Salaried Individuals: Working professionals.
  • Self-Employed Individuals: Traders, freelancers, and consultants.
  • Business Owners: Individuals requiring a vehicle for daily business operations.

Follow these tips to improve your chances of loan approval:

  • Maintain a strong credit score by making timely payments and managing credit responsibly.
  • Borrow an amount that suits your income and day-to-day expenses in areas like Vaishali Nagar, Adarsh Nagar, and Civil Lines.
  • Verify all details in your application to avoid delays during verification.
  • Avoid applying to multiple lenders within a short period.
  • Stay informed about all applicable charges, fees, and taxes before finalising your loan.

These tips can help ensure a smooth and efficient loan process.

Poonawalla Fincorp Limited
Address:Office No.103 & 104, 1st floor, M-square Building, Gaurav Path, Vaishali Nagar, Ajmer, Rajasthan -305001
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

Yes, a used car loan in Ajmer can help you commute conveniently between Ajmer City and Kishangarh with fixed and manageable monthly payments.

Yes, employees working in RIICO industrial areas or other industrial zones can apply for a Pre-Owned Car Loan, subject to eligibility criteria and income proof.

Yes, owning a car can help you avoid crowded public transport, especially during peak tourist seasons in areas like Ajmer Sharif and Pushkar.

No, your location within Ajmer does not impact the interest rate; it primarily depends on your credit profile, income, and vehicle details.

Yes, you can secure financing for used car purchases from local dealers, subject to proper verification of vehicle documents.

Yes, a used car loan offers convenience for families travelling regularly to nearby places like Pushkar.

Typically, you need income proof (such as ITR or salary slips), bank statements, KYC documents, and vehicle-related documents.

Yes, self-employed individuals, including shop owners and traders, can apply by providing valid income and business proof.

Yes, visiting a branch can help you better understand loan options and make the online application process easier.

You can use a car loan eligibility or EMI calculator to estimate monthly payments and choose a loan amount that fits your budget.