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

Get a Flexible Used Car Loan in Bathinda

Bathinda, a beautiful city in Punjab, popularly known as the "Punjab’s City of Lakes," has several evolving industries, such as power, food grains, cotton, and tourism. Leverage this city's evolving economy by availing of a Pre-owned Car Loan in Bathinda to purchase a vehicle for personal use. Avail of a used car loan from Poonawalla Fincorp to get a loan up to 100% of its value and bring home your dream car today. Apply now!

Why Choose Poonawalla Fincorp

Loan up to 100%
of Car's Value
Online
Application
Minimal
Paperwork
Flexible
Repayment Option
Quick
Approval
No Hidden Charges

Pre-owned Car Loan EMI Calculator

Prepare a solid repayment plan with our EMI calculator, and never miss a deadline. Just enter the loan amount, interest rate and tenure to get accurate results instantly. 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 Pre-owned Car Loan in Bathinda

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 Pre-owned Car Loan in Bathinda

Submit minimal documents based on whether you are salaried, self-employed or an established firm/company:

  • Identity Proof
  • Address Proof
  • Income Proof
  • Bank Account Statement
  • Car Documents (if you have selected the car)

Click to know more about the documents required in detail.  

Interest Rate and Charges for a Used Car Loan in Bathinda

Avail of our used car loan at competitive interest rates and nominal charges:

Interest Rate
11%* p.a. onwards 
Loan Amount
₹2 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
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 
  • SUVs 
  • Crossovers 
  • Hatchbacks 
  • Premium vehicles 
  • Electric Vehicles 

Who Can Get a Pre-owned Car Loan in Bathinda

  • Salaried individuals 
  • Self-employed individuals 
  • Firms or companies  

Tips for a Successful Used Car Loan Application

  • Keep all the documents handy 
  • Maintain a healthy credit score 
  • Create a solid repayment plan 
  • Provide accurate information 
  • Meet eligibility criteria 
  • Select a popular car make and model 

Poonawalla Fincorp Branch Address in Bathinda

Address: 1st Floor, Grover Complex, Shri Hanuman Chowk, GT Road, Bathinda, Punjab-151001 

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

What is the maximum repayment period for a Pre-owned Car Loan?

You can obtain a Pre-owned Car Loan from Poonawalla Fincorp and repay it over a maximum duration of 72 months, or 6 years, from the date of approval. 

How can an EMI calculator assist with loan planning?

An EMI calculator computes the monthly instalment amount and provides a repayment schedule, which is also called an amortisation schedule. This information is essential for creating a solid repayment plan and helps us in making informed loan decisions. 

 

Does Poonawalla Fincorp offer an online application process?

Yes, we at Poonawalla Fincorp provide easy access to digital solutions through a fully online-based application process that is accessible from our website and mobile application.