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 Cochin Online

Cochin is known as the ‘Queen of Arabian Sea’. The city boasts a rich history as a prominent spice trading hub. Drive your dream car in this city with a Pre-owned Car Loan of up to ₹75 Lakh from Poonawalla Fincorp. Benefit from our competitive interest rates, loan of up to 100% of the car value, minimal paperwork and quick approval. Apply now!

Why Choose Poonawalla Fincorp

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

Pre-owned Car Loan EMI Calculator

Plan your monthly repayments with our user-friendly EMI calculator. Just enter the loan amount, interest rate, and tenure. Calculate now!

Optimise Your Pre-Owned Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Rupees one lakh

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 Cochin

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
  • Occupation
  • Experience/Vintage
  • Citizenship

Click to know more about eligibility criteria in detail.

Documents Required for Pre-owned Car Loan in Cochin

Submit just a few documents to get a 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 Used Car Loan in Cochin

We offer second-hand car loans at competitive interest rates and nominal charges:

Interest Rate
11%* p.a. onwards 
Loan Amount
₹1 Lakh - ₹75 Lakh
Loan Processing Fees
Up to 1% plus applicable taxes
Lowest EMI Per Month
Starting from ₹1903* per Lakh for 72 months
Loan Tenure
12 - 72 months
Prepayment/Foreclosure Charges
0% if paid from own sources
4% if paid from other sources
Default Charges
24% p.a. + taxes
Repayment Instrument Dishonour Charges
₹500 per bounce plus applicable taxes
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 in Cochin

● Hatchbacks

● SUVs

● Premium cars

● MUVs

● Sedans

Who Can Get a Pre-owned Car Loan in Cochin

● Salaried Individuals

● Self-employed Professionals

● Firms or Companies

Tips for a Successful Second-hand Car Loan Application

● Check the eligibility criteria

● Keep all the necessary documents ready

● Offer to increase your downpayment

● Check your credit score

● Compare quotes from different car dealers

● Avoid multiple loan applications

Poonawalla Fincorp Branch Address in Cochin

Poonawalla Fincorp Limited

Address: 5th Floor, Muscat Tower, Sahodaran Ayyappan Road, Above HP World, Kadavnathara, Cochin-682020

Contact Number: 1800-266-3201 (Toll Free)

Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

*T&C Apply

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

1. Can I purchase a second-hand car entirely with a used car loan from Poonawalla Fincorp?

Yes, you can get a loan amount of up to 100% of the car’s value with our used car loan.

2. What is the loan tenure for a Pre-owned Car Loan from Poonawalla Fincorp?

We offer a used car loan with flexible repayment tenures ranging from 12 to 72 months. You can choose the loan tenure based on your repayment capacity

 

3. How long does it take to receive the loan amount for a Pre-owned Car Loan in Cochin?

You can get approval and disbursement for a used car loan instantly, provided you meet the eligibility criteria and submit the necessary documents.