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 Dhanbad With Flexible EMIs

Dhanbad, known for its coal mines and industrial establishments, is one of the fastest-growing cities in Jharkhand. Own your dream car to enhance your lifestyle with a Pre-owned Car Loan in Dhanbad from Poonawalla Fincorp. Get up to ₹75 Lakh with affordable interest rates, flexible tenure, minimal documentation and a seamless application process. What’s more? Enjoy fast approval, instant disbursal, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Loan up to 100%
of Car’s Value
Affordable
Interest Rate
Minimal
Documentation
Flexible
Tenure
Quick
Approval
Zero Hidden
Charges

Pre-owned Car Loan EMI Calculator

Make a proper repayment plan using our online EMI calculator. Enter your desired loan amount, interest rate, and tenure to calculate your monthly payments. Calculate 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 Dhanbad

The eligibility criteria for a Pre-owned Car Loan differ based on whether you are a salaried individual, self-employed or a firm/company depending on aspects like:

  • Age
  • Citizenship
  • Work Experience
  • Business Vintage

Click to know more about our eligibility criteria in detail.

Documents Required for a Pre-owned Car Loan in Dhanbad

Submit a few necessary documents to get a used car loan:

  • KYC Documents
  • Financial Documents
  • Bank Statements
  • Address Proof
  • Car Documents

Click to know more about the documentation in detail.

Interest Rate and Charges for a Used Car Loan in Dhanbad

We offer a second-hand car loan at affordable 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 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

  • Hatchbacks 
  • SUVs 
  • Premium cars 
  • Sedans  
  • Electric Vehicles 
  • MUVs 

Who Can Get a Pre-owned Car Loan in Dhanbad

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

Tips for a Successful Pre-owned Car Loan Application 

  • Meet our eligibility criteria  
  • Try maintaining a credit score of 750+ 
  • Review your credit report regularly 
  • Keep all required paperwork ready 
  • Obtain a better understanding of your loan terms 

Poonawalla Fincorp Branch Address in Dhanbad

Poonawalla Fincorp Limited

Address: 1st Floor, Goodwill Plaza, Bank More, Dhanbad, Jharkhand -826001

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

rightArrow
rightArrow

Frequently Asked Questions

Can I take out a Pre-owned Car Loan to upgrade my vehicle?

Yes, with Poonawalla Fincorp, you can obtain a used car loan to upgrade to a more recent or higher-end model that suits your driving requirements, offering better features and improved fuel efficiency. 

What are the consequences if I miss a loan repayment?

Missing loan repayments can result in a 24% p.a. plus taxes, damage to your credit score, and potential legal action. It is important to make timely payments to avoid these repercussions. 

 

What happens to my loan if I sell the car before full repayment?

If you want to sell your car, you must notify us and settle the outstanding loan amount in full. However, there may be a foreclosure charge if the loan amount is paid from other sources.