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

Get a Used Car Loan in Bilaspur Online

Bilaspur is a city with a rich cultural background and is situated in the centre of Chhattisgarh. Save time and costs of regular commutes in this city by buying a car with a Pre-owned Car Loan. Get up to ₹75 Lakh with a high loan-to-value (LTV) ratio. Benefit from attractive interest rates, hassle-free online application, minimal paperwork, flexible repayment tenure, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Loan up to 100%
Car Valuation
Attractive
Interest Rate
Online
Application
Minimal
Documentation
Flexible
Repayment Tenure
No Hidden
Charges

Pre-owned Car Loan EMI Calculator

Plan your repayments effortlessly with our EMI calculator. Just enter the loan amount, tenure, and interest rate to compute your EMIs. 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 Bilaspur

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 a Pre-owned Car Loan in Bilaspur

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 of a Used Car Loan in Bilaspur

Poonawalla Fincorp offers a loan for a used car at attractive interest rates and minimal 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 Dishonor 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 Bilaspur

  • Self-employed individuals 
  • Salaried individuals 
  • Firms/Companies 

Tips for a Successful Used Car Loan Application

  • Check your credit score 
  • Review the eligibility criteria 
  • Keep the down payment ready 
  • Avoid multiple loan applications 
  • Keep your debt-to-income ratio low 

Poonawalla Fincorp’s Branch Address in Bilaspur

Poonawalla Fincorp Limited

Address: Office No.Shop No. S - 07 & 08, 03rd Floor, B. R. Gwalani Chambers, Vyapar Vihar, Bilaspur, Chhattisgarh -495001

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 a used car loan?

A used car loan is a loan for purchasing a pre-owned car. Poonawalla Fincorp offers second-hand car loans of up to ₹75 Lakh with a high LTV ratio, online application, minimal paperwork, and no hidden charges. 

How much of the value of a car can be financed with a Used Car Loan?

Poonawalla Fincorp offers up to 100% of the car value for a second-hand car loan. However, the sanctioned loan amount may vary based on your credit score, eligibility, occupation, income, and our internal policy. 

 

How much time does it take to get a Used Car Loan approved?

You can get approval and disbursement instantly after successful verification and approval.