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

Get a Flexible Pre-owned Car Loan in Bareilly

Bareilly, a vibrant city in the state of Uttar Pradesh, is known for its rich cultural heritage and traditional handicrafts. Fulfil your dream of owning a car in this lively city by availing of a Pre-owned Car Loan from Poonawalla Fincorp. Secure a loan of up to ₹75 Lakh with minimal paperwork. Enjoy competitive rates, a loan of up to 100% of the car’s value and swift approval. Apply now!

Why Choose Poonawalla Fincorp

Up to 100%
of Car’s Value
Instant
Disbursal
Attractive
Interest Rate
Flexible
Repayment Options
Minimal
Documentation
No Hidden
Charges

Pre-owned Car Loan EMI Calculator

Use our online EMI calculator to plan your monthly repayments. Simply enter the necessary details, including loan amount, interest rate, and tenure, to calculate EMIs instantly. Try 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 Bareilly

The eligibility criteria for Poonawalla Fincorp’s used car loan depend on whether you are salaried, self-employed or a firm/company and on other aspects like:

  • Age
  • Citizenship
  • Experience/Vintage
  • Occupation

Click to know more about our eligibility criteria in detail. 

Documents Required for a Second-hand Car Loan in Bareilly

Upload just a few documents to avail of a used car loan:

  • KYC Documents
  • Income Proof
  • Car Documents
  • Bank Account Statement

Click to know more about the documentation in detail. 

Interest Rate and Charges for Pre-owned Car Loan in Bareilly

Interest Rates
11%* p.a. onwards 
Loan Amount
₹2 Lakh to ₹75 Lakh
Loan Processing Fees
Up to 2% 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 Interest
2% per month
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

  • Premium cars 
  • Hatchbacks 
  • Crossovers 
  • SUVs 
  • Sedans 
  • EVs 

Who Can Get a Second-hand Car Loan in Bareilly

  • Self-employed professionals  
  • Salaried individuals 
  • Companies or firms 

Tips for a Successful Pre-owned Car Loan Application

  • Decide loan amount based on your requirements 
  • Check eligibility criteria 
  • Keep documents handy 
  • Provide accurate information  
  • Check your credit score 

Poonawalla Fincorp Branch Address in Bareilly

Address: 2nd Floor, Sheel Kishan Tower, Block No. 63, Plot no.09, Near Bikaner Wala, Bareilly, Uttar Pradesh-243001 

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

rightArrow
rightArrow

Frequently Asked Questions

What is the applicable interest rate for a Pre-owned Car Loan?

The applicable rate of interest for a Pre-owned Car Loan from Poonawalla Fincorp starts from 11%* p.a. However, please note that the applicable rate of interest depends on the borrower's financial profile, such as monthly income, credit score, etc. 

What are the applicable bounce charges associated with a used car loan?

The applicable instrument dishonour charges associated with our Pre-owned Car Loan is ₹500 per bounce plus applicable taxes. In other words, ₹500 will be levied in case of a repayment cheque bounce. 

 

What is a loan-to-value (LTV) ratio?

The loan-to-value ratio is the amount of loan offered by a lender against the market value of an asset. Here, in a Pre-owned Car Loan, the asset is the vehicle you are purchasing.