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 Bhubaneswar 

Bhubaneswar, the capital of Odisha, is known for its magnificent temples, historical architecture and cultural heritage. Buy the car of your choice in this city with a Pre-owned Car Loan from Poonawalla Fincorp. Avail of 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 quick approval. Apply now!

Why Choose Poonawalla Fincorp

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

Pre-owned Car Loan EMI Calculator

Plan your monthly repayments using our online EMI Calculator. Just enter the loan amount, interest rate and tenure to view the results 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 Loan Against Property in Just 3 Steps

Click on "Apply Now”

Tap the Apply Now button to initiate your application.

Enter Details

Enter your contact, personal, occupation, and property ownership 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 Bhubaneswar 

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 Pre-owned Car Loan in Bhubaneswar 

Provide just a few documents to qualify for our used car loan:

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

Click to know more about the necessary documents in detail.

Interest Rate and Charges for a Used Car Loan in Bhubaneswar

Our second-hand car loan comes with 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 Pre-owned Car Loan

  • Hatchbacks 
  • SUVs 
  • Sedans 
  • Premium cars 
  • MUVs 

Who Can Get a Used Car Loan in Bhubaneswar

  • Self-employed Individuals 
  • Companies or Firms 
  • Salaried Individuals 

Tips for a Successful Pre-owned Car Loan Application

  • Check the eligibility criteria 
  • Borrow only what you need 
  • Check your credit score 
  • Opt for a higher down payment 
  • Keep the required documents handy 
  • Avoid multiple loan applications 

Poonawalla Fincorp Branch Address in Bhubaneswar

Poonawalla Fincorp Limited

Address: Office No. 108, 108(a), 109 & 110, 1st Floor, Odyssa Business Centre, Rasulgarh Square, Bhubaneswar, Odisha -751010.

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

Do I need to pledge any assets to apply for Poonawalla Fincorp's used car loan?

The second-hand car that you are purchasing with our used car loan acts as collateral for the loan. You need not pledge any additional assets to avail of a Pre-owned Car Loan.  

What KYC documents should salaried employees submit to apply for a used car loan?

Submit just a few documents to apply for Poonawalla FIncorp's second-hand car loan: 

  • Voter ID Card 
  • Aadhaar Card 
  • Driving License 
  • PAN Card 
  • Passport 

 

Can I foreclose my second-hand car loan before the end of the loan tenure?

Yes, you have the option to prepay or foreclose Poonawalla Fincorp’s used car loan at any time during the loan tenure.