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

Get a Hassle-free Pre-owned Car Loan in Durgapur

Durgapur is known for its cultural traditions, industries, and schools. Drive through the city in your dream car with a Pre-owned Car Loan from Poonawalla Fincorp. Get up to ₹75 Lakh at a competitive interest rate with minimal documentation, quick approval, flexible repayment tenure, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Loan up to 100%
of Car Valuation
Competitive
Interest Rate
Minimal
Documentation
Flexible
Repayment Tenure
Quick
Approval
No Hidden
Charges

Pre-owned Car Loan EMI Calculator

Determine your monthly repayments with our easy-to-use 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
₹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 Durgapur

Depending on 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 Durgapur

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 Durgapur

Poonawalla Fincorp offers a second-hand car loan at attractive interest rates 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% + Applicable taxes
Default Charges
24% p.a. + 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 Second-hand Car Loan

  • Luxury cars 
  • Hatchbacks 
  • Sedans 
  • SUVs 
  • SUVs 

Who Can Get a Pre-owned Car Loan in Durgapur

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

Tips for Successful Used Car Loan Application

  • Meet the eligibility criteria 
  • Check your credit score 
  • Submit all the necessary documents 
  • Arrange the down payment 
  • Fill the application form correctly 

Poonawalla Fincorp’s Branch Address in Durgapur

Poonawalla Fincorp Limited

Address: 2nd Floor, Kwality Hotel Complex, Bhiringi More, Dist-Panchim Bardhman, West Bengal -713213

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

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

Poonawalla Fincorp Limited

Address: 2nd Floor, Kwality Hotel Complex, Bhiringi More, Dist-Panchim Bardhman, West Bengal -713213

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

How much of the value of the car can be financed with a used car loan?

Poonawalla Fincorp offers used car loans with a loan-to-value ratio of up to 100%. Get a high loan amount at competitive interest rates  

What are the factors affecting the interest rate of a used car loan?

The factors that affect the interest rate of your second-hand car loan include: 

  • Car’s age and model 
  • Downpayment 
  • Your income 
  • Credit score 
  • Loan tenure 
  • Loan amount  

 

Can I get the digital provision to get a used car loan from Poonawalla Fincorp?

Yes, you can apply for the loan online by visiting our website. Just click on ‘Apply Now’, fill out the application form, and upload the necessary documents.