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

Apply for a Pre-owned Car Loan in Amravati Online

Amravati, the 9th largest city in Maharashtra, is well-known for its wildlife, cultural heritage and historical monuments. The city is also known for its commercial and industrial hub. Enjoy the convenience and affordability of owning your car with a Pre-owned Car in Amravati from Poonawalla Fincorp. Get a high loan amount with up to 100% car valuation, attractive interest rates, online application, quick approval, and flexible repayment tenure. Apply now!

Why Choose Poonawalla Fincorp

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

Pre-owned Car Loan EMI Calculator

Determine your monthly instalments with our user-friendly EMI calculator. Just enter the loan amount, interest rate and tenure. You can also try different combinations to choose the one that suits you the best. 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 Amravati

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

  • Age
  • Occupation
  • Experience/Vintag
  • Citizenship

Click to know more about eligibility criteria in detail.

Documents Required for a Used Car Loan in Amravati

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 necessary documents in detail.

Interest Rate and Charges for a Used Car Loan in Amravati

We offer loans at competitive interest rates and nominal charges:

Interest Rate
11%* p.a. onwards 
Loan Amount
₹2 Lakh - ₹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
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

  • Sedans
  • Hatchbacks
  • SUVs
  • Premium cars

Who Can Get a Pre-owned Car Loan in Amravati

  • Salaried Employees
  • Self-employed Individuals
  • Firms/Companies

Tips for a Successful Used Loan Application

  • Check your credit score
  • Review the eligibility requirements
  • Keep all required documents ready
  • Reduce your existing debts
  • Keep your Credit Utilsation Ration (CUR) low

Poonawalla Fincorp Branch Address in Amravati

Address: 2nd Floor, Plot no. 16, Sai Nagar Road, Opp Brilliancy Tutorial, Gawande Nagar, Amravati, Maharashtra-444605

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 avail of a Pre-owned Car Loan of ₹30 Lakh?

Yes, you can avail of a Pre-owned Car Loan of ₹30 Lakh in Amravati. Benefit from online application, minimal documentation, quick approval, and no hidden charges.

What is the credit score requirement for a used car loan in Amravati?

A credit score of 750 or above is ideal. A good credit score improves your chances of loan approval with favourable loan terms.

 

Do foreclosure charges apply on the Pre-owned Car Loan in Amravati?

Yes, you must pay 4% plus applicable taxes when you foreclose your loan.