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

Pre-owned Car Loan EMI Calculator

Planning how to repay the second-hand car loan in Alwar will be easier if you use a Pre-owned Car Loan EMI calculator. The EMI calculator will help you determine the monthly payments along with the total interest cost by providing the following details, loan amount, interest rate and loan tenure.

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

loan icon Loan up to 100%
of Car's Value
interest rate icon Competitive
Interest Rate
Minimal documentation icon Minimal
Documentation
Online application icon Quick
Approval
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

To process the loan application, the following documents are required:

  • Car Documents: Valid registration certificate and related vehicle papers.
  • Identity Proof: Government-issued ID such as Aadhaar, PAN, or passport.
  • Address Proof: Documents like utility bills, Aadhaar, or a rental agreement.
  • Income Proof: Salary slips, ITR, or business financials.
  • Bank Account Statement: Recent statements to verify income and transactions.

Providing these documents on time will expedite the loan process, leading to a quick approval. Check out the documents required for a Pre-owned Car Loan in detail.

Here are the different types of cars that a buyer can choose from to fulfil their needs:

  • Hatchback: Perfect for individuals who drive around the city frequently.
  • Sedan: Ideal for people who travel vast distances frequently.
  • SUV: Ideal for travelling on highways and for larger families.
  • Premium Vehicle: Provides cutting-edge features and increased comfort.

The following entities can apply for a used car loan in Alwar:

  • Salaried Individuals: Employees working in factories or offices in Alwar.
  • Self-Employed Individuals: Freelancers and self-employed professionals residing in Alwar.
  • Business Owners: Owners of small or large businesses can apply for various financial needs.

To increase the chances of your loan approval, you can follow these tips:

  • Maintain a solid repayment history and steady employment or business continuity in Alwar.
  • To guarantee a quick and easy application procedure, keep all required documents ready.
  • Based on your daily travel and financial needs in Alwar, choose an appropriate loan amount and term.
  • To prevent loan approval delays, carefully evaluate your application before submitting it.
  • Don't apply to several lenders in a short period of time, as this may impact your credit profile.
  • Before completing your application, make sure you fully understand the terms and conditions of the loan.

Following these steps will lead to a smoother, faster used-car loan process.

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 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, prepay or foreclose your loan; however, it may involve nominal charges as per the loan policy.

Yes, both salaried and self-employed individuals are eligible, subject to the lender’s eligibility criteria.

 

You can use a car loan EMI calculator to estimate your monthly instalments.

Generally, you need proof of identity, proof of address, proof of income, and vehicle-related documents.

Yes, interest rates may vary based on factors such as credit history, income, and repayment capacity.

Yes, you can apply online through our website or mobile app.

You can retry later or contact customer support for assistance.

Generally, we disclose all charges upfront; however, it is advisable to review the terms and conditions carefully.

Yes, you can visit our branch office for support with your application.

The approval timeline varies by borrower profile and depends on eligibility and document verification; however, it is usually quick.