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 Bhilai Durg

Bhilai Durg is an urban agglomeration, one of the largest urban areas in Chhattisgarh. It is famous for the massive Bhilai Steel Plant and other industries. Accelerate your career or business in this rich industrial city by getting a reliable means of transport with a Pre-owned Car Loan. Enjoy benefits like flexible EMIs, instant approval, minimal documentation and 100% of car’s value with a Pre-owned Car Loan in Bhilai Durg from Poonawalla Fincorp. Apply now!

Why Choose Poonawalla Fincorp

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

Pre-owned Car Loan EMI Calculator

Calculate your monthly payments and check your repayment schedule instantly with our user-friendly loan EMI calculator. Enter the amount, interest rate, and tenure to see the results. 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 Pre-owned Car Loan in Bhilai Durg

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 Used Car Loan in Bhilai Durg

Submit the required documents based on whether you are salaried, self-employed or an established firm/company to avail of this loan:

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

Click to know more about the necessary documents in detail.

Interest Rate and Charges for a Pre-owned Car Loan

Avail of a used car loan at attractive 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 Used Car Loan

  • SUVs
  • Hatchbacks
  • Sedans
  • Electric Cars
  • Luxury Cars

Who Can Get a Pre-owned Car Loan

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

Tips for Successful Pre-owned Car Loan Application

  • Assess your financial situation
  • Decide the loan amount based on your requirements
  • Check eligibility requirements
  • Provide accurate information
  • Calculate your monthly payments in advance
  • Prepare a solid repayment plan

Poonawalla Fincorp Branch Address in Bhilai Durg

Poonawalla Fincorp Limited

Address: 2nd Floor, Sairam Business Park, above TATA Motors showroom, G. E. Road, Krishna Nagar, Supela, Bhilai, Chhattisgarh -490023

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 are the benefits of getting Poonawalla Fincorp's used car loan?

There are several unique benefits of availing of a Pre-owned car loan from Poonawalla Fincorp. These include a competitive interest rate, no foreclosure charges, 100% of the car’s value, instant approval, flexible tenure, and a convenient process.

Can I download the repayment schedule for a used car loan?

Yes, you can download the repayment schedule of a second-hand car loan from the EMI calculator page. Once you have calculated your equated monthly instalments, click on the "Download Repayment Schedule" option, and a PDF file will be downloaded to your system.

 

How can I get my Pre-owned Car Loan application processed faster?

By meeting the eligibility criteria, submitting required documents and having a good credit score can help your loan application to get processed faster.