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

Get a Used Car Loan in Alwar Online

Alwar, one of the oldest cities in Rajasthan, is most well-known for its traditional Rajasthani clothes, jewellery and handicrafts. Drive your dream car in this city with a Pre-owned Car Loan in Alwar from Poonawalla Fincorp. We offer a high loan amount of up to ₹75 Lakh with up to 100% car valuation.

Benefit from competitive interest rates, online application, minimal documentation, quick approval, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Up to 100%
of Car's Value
Competitive
Interest Rates
Minimal
Documentation
Quick
Approval
Flexible
Repayment Option
No Hidden
Charges

Pre-owned Car Loan EMI Calculator

Plan your repayments ahead using our EMI calculator. Just enter the loan amount, tenure and interest rate in the respective fields to compute EMIs. Calculate now!

Optimise Your Pre-Owned Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Rupees one lakh

Interest Rate

%
11 %
30 %

Tenure

Months
12Months
72Months

Apply for a Pre-owned Car Loan in Just 3 Steps

Click on "Apply Now"

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

Enter Details

Enter your DOB, contact, employment and car details.

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

Eligibility Criteria for a Pre-owned Car Loan in Alwar

Depending upon whether you are salaried, self-employed or an established firm/company, your eligibility criteria may differ based on:

  • Age
  • Occupation
  • Experience/Vintage
  • Citizenship

Click to know more about eligibility criteria in detail.

Documents Required for a Pre-Owned Car Loan in Alwar

Submit the required documents based on whether you are salaried, self-employed or an established firm/company to avail of this loan:

  • Car Documents
  • Identity Proof
  • Address Proof
  • Income Proof
  • Bank Account Statement

Click to know more about the documents required in detail.

Interest Rate and Charges of a Used Car Loan in Alwar

We offer second-hand car loans at competitive interest rates and nominal charges:

Interest Rate
11% p.a. onwards 
Loan Amount
₹1 Lakh - ₹75 Lakh
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% if paid from other sources
Default Charges
24% p.a. + taxes
Repayment Instrument Dishonour Charges
₹500 per bounce plus applicable taxes
Stamp Duty
At actuals (as per state)
Hidden Charges
Nil

Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf

*T&C Apply

Different Cars You Can Buy With a Second-hand Car Loan

● Buying premium cars

● Hatchbacks

● SUVs

● Sedans

Who Can Get a Pre-owned Car Loan

● Salaried individuals

● Self-employed professionals

● Firms/companies

Tips for a Successful Used Car Loan Application

● Check your credit score

● Keep all the necessary documents ready

● Offer to increase your downpayment

● Compare quotes from different car dealers

● Choose a shorter repayment tenure

Poonawalla Fincorp’s Branch Address in Alwar

Address: 1st Floor, Plot No 1 and 2, Scheme 3, Basant Vihar, Alwar, Rajasthan-301001

Contact Number: 1800-266-3201 (Toll Free)

Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

 

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

rightArrow
rightArrow

Frequently Asked Questions

1) Can I buy a second-hand car entirely with a loan?

Yes, you can buy a used car with up to 100% of the car’s value from Poonawalla Fincorp. Buy your dream car worry-free with our loan.

2) How long does it take to receive funds from a Pre-owned Car Loan in Alwar?

You can get approval and disbursement instantly after successful verification and approval.

 

3) What types of cars can I buy with a Used Car Loan in Alwar?

With Poonawalla Fincorp’s used car loan in Alwar, you can buy models and brands of used cars worth up to ₹75 Lakh. This lets you buy most premium cars, SUVs, hatchbacks and sedans.

Happy Customers, Happy Us