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 Delhi Effortlessly

Delhi is a city where ancient history and modern culture coexist. The city is a blend of different cultures, religions, and languages. Drive your dream car with a Pre-owned Car Loan in Delhi from Poonawalla Fincorp.

Get a high loan amount of up to ₹75 Lakh with a high Loan-to-Value (LTV) ratio. Benefit from attractive interest rates, online application, minimal documentation, quick approval, flexible repayment tenure, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Up to 100%
of Car's Value
Attractive
Interest Rates
Online
Application
Minimal
Paperwork
Flexible
Repayment Option
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
₹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 a Pre-owned Car Loan in Delhi

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 a Pre-owned Car Loan in Delhi

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 of a Used Car Loan in Delhi

We offer loans for a used car at attractive 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 Second-hand Car Loan

  • Electric vehicles 

  • Hatchbacks 

  • Premium cars 

  • SUVs 

  • Sedans  

  • MUVs 

Who Can Get a Pre-owned Car Loan in Delhi

  • Salaried individuals  

  • Self-employed 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 Delhi

Address: 5th Floor, Prem Dohil Sadan, Plot No 11, Rajendra Place, New Delhi -110008 

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. What is the maximum loan amount available for a used car loan in Delhi?

Poonawalla Fincorp offers Pre-owned Car Loan between ₹1 Lakh to 75 Lakh. The sanctioned loan amount may vary depending on your eligibility and our internal policy. 

2. Why should I transfer my second-hand car loan to Poonawalla Fincorp?

Poonawalla Fincorp offers Pre-owned Car Loan balance transfer at affordable interest rates along with other benefits such as up to 100% car valuation, flexible loan tenure, online application, quick approval, and zero hidden charges. 

 

3. Can I finance the entire cost of a second-hand car with a loan?

Yes, at Poonawalla Fincorp, we offer up to 100% of the car's value as a loan, allowing you to purchase your desired car without compromises. However, the sanctioned loan amount may vary depending on your eligibility, credit score, and our internal policy.