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

Get a Pre-owned Car Loan in Ambala Instantly

Once a strategic military outpost, Ambala has evolved into a vibrant commercial hub offering a unique blend of old-world charm and modern amenities. Buy your car affordably in this city with a Personal Loan in Ambala from Poonawalla Fincorp. 
Get up to ₹75 Lakh at competitive interest rates with minimal documentation, quick approval, minimal documentation, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Loan up to 100%
of Car's Value
Competitive
Interest Rate
Minimal
Documentation
Online
Application
Flexible
Repayment Option
No Hidden
Charges

Pre-owned Car Loan EMI Calculator

Determine your EMIs with our user-friendly EMI calculator. Just enter the loan amount, interest rate, and tenure to know your repayment schedule. Calculate now!

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
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 Ambala

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 our eligibility criteria in detail.

Documents Required for a Pre-owned Car Loan in Ambala

Submit the required documents based on whether you are salaried, self-employed and firms/companies to avail the loan.

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

Click to know more about the required documents in detail. 

Interest Rate and Charges for a Used Car Loan in Ambala

We offer used car loan at competitive interest rates and nominal charges:  

Interest Rate
11%* p.a. onwards 
Loan Amount
₹1 Lakh to ₹75 Lakh
Loan Processing Fees
Up to 2%
Lowest EMI Per Month
Starting from ₹1903* per Lakh for 72 months
Loan Tenure
12 – 72 Months
Prepayment/Foreclosure Charges
4% plus applicable taxes
Default Charges
24% p.a. plus 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 Used Car Loan

  • Sedans 
  • Hatchbacks 
  • SUVs 
  • Premium cars  

Who Can Get a Second-hand Car Loan

  • Salaried individuals  
  • Self-employed professionals 
  • Firms/companies 

Tips for a Successful Pre-owned Car Loan Application

  • Check your credit score  
  • Review the eligibility requirements  
  • Keep all required documents ready  
  • Reduce your existing debts  

Poonawalla Fincorp Branch Address in Ambala

Poonawalla Fincorp Limited 

Address: 1st Floor, F-4 Plot No 30, ward no 7, Block no 7, Jain Nagar, Ambala City, Haryana - 134003 

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

Can I get a used car loan online in Ambala?

Yes, you can apply for a second-hand car loan online in just in a few steps: 

Step 1: Click on ‘Apply now’  

Step 2: Fill out the application form 

Step 3: Upload all the necessary documents 

Upon verification, the loan amount will be credited to your bank account. 

How long will it take to process my second-hand car loan application?

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

 

What is the CIBIL score required for a Pre-owned Car Loan in Ambala?

A CIBIL score of 750 and above is considered good. A good credit score allows a quick loan approval with favourable loan terms.