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 Chandigarh with Instant Disbursal

One of the earliest planned cities of India, Chandigarh has evolved into a hotspot of educational opportunities and has experienced an IT boom. Drive through the streets of this well-developed city in your own car with a Pre-owned Car Loan in Chandigarh. Enjoy a loan of up to ₹75 Lakh with flexible EMIs, minimal documentation and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

Loan up to 100%
of Car's Value
Instant Loan
Approval
Online Application
Competitive
Interest Rate
Flexible
Repayment Option
Minimal
Documentation

Pre-owned Car Loan EMI Calculator

Calculate your monthly repayments using our second-hand car loan EMI calculator. Just enter the loan amount, interest rate, and repayment tenure to get accurate 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 Chandigarh

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 eligibility criteria in detail. 

Documents Required for Pre-owned Car Loan in Chandigarh

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 documents required in detail.  

Interest Rate and Charges for a Used Car Loan in Chandigarh

Get a used car loan at competitive interest rate 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

  • Premium cars 
  • Sedans  
  • Hatchbacks 
  • SUVs 
  • Electric vehicle 

Who Can Get a Pre-owned Car Loan in Chandigarh

  • Salaried employees  
  • Self-employed Individuals  
  • Firms or companies 

Tips for a Successful Pre-owned Car Loan Application 

  • Decide the loan amount based on your requirements 
  • Check eligibility criteria  
  • Keep the necessary paperwork ready  
  • Thoroughly understand the terms and conditions  
  • Maintain a credit score of 750 or more 

Poonawalla Fincorp Branch Address in Chandigarh  

Address: 2nd Floor, SCO 311-312, 35B, Above Canara Bank, Sector-35, Chandigarh, Punjab-160022 

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 have to provide bank statements to apply for a used car loan in Chandigarh?

Yes, if you are a salaried individual, you are required to provide your salary account statement for the last 3 months. Firms, companies or self-employed individuals must submit bank statements for the past 6 months. 

What is the highest loan amount I can avail for a second-hand car?

You can avail of up to ₹75 Lakh for a used car loan from Poonawalla Fincorp. Once you meet the eligibility criteria, you can secure the necessary funds. After considering your credit score and repayment capacity, we will verify your information and documents before providing approval. The loan amount can range from ₹2 Lakh to ₹75 Lakh, according to your needs.  

 

After getting approved for the Pre-owned Car Loan in Chandigarh, will I have to pay any extra charges?

No, we offer second-hand car with zero extra or hidden charges. Any applicable fees or charges are transparently conveyed to you at the very beginning.