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

Secure a Pre-owned Car Loan in Hissar With Minimal Paperwork

Hissar, the steel production capital of India, is a thriving city due to its industrial growth and cultural heritage. Purchase your own car in this city for a hassle-free commute with a Pre-owned Car Loan from Poonawalla Fincorp.

Avail of a loan of up to ₹75 Lakh to finance the purchase of a used car with instant disbursal. Take advantage of our attractive interest rates, loan of up to 100% of the car’s value and quick approval.

Why Choose Poonawalla Fincorp

Up to 100%
of Car’s Value
Swift
Approval
No Hidden
Charges
Minimal
Documentation
Extended
Repayment Tenure
Competitive
Interest Rate

Pre-owned Car Loan EMI Calculator

Make use of our online EMI calculator to estimate your monthly payments. Enter the loan tenure, loan amount and interest rate to know your EMIs instantly. 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 Hissar

Our eligibility criteria depend on whether you are salaried, self-employed or a firm/company and on aspects like:

  • Age
  • Citizenship
  • Occupation
  • Experience/Vintage

Click to know more about our eligibility criteria in detail.

Documents Required for Pre-owned Car Loan in Hissar

Upload just a few documents to avail of the loan:

  • KYC Documents
  • Income Proof
  • Address Proof
  • Car Documents
  • Bank Account Statement

Click to know more about the required documents in detail.

Interest Rate and Charges for a Pre-owned Car Loan in Hissar

Get our used car loan with attractive interest rates and nominal charges:

Interest Rate
11%* p.a. onwards 
Loan Amount
₹2 Lakh - ₹75 Lakh
Loan Processing Fees
Up to 2% plus applicable taxes
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. + 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 Pre-owned Car Loan

  • Sedans 
  • SUVs 
  • MUVs 
  • Crossovers 
  • Hatchbacks 
  • Electric vehicles 

Who Can Get a Pre-owned Car Loan in Hissar

  • Salaried Individuals 
  • Self-employed Individuals 
  • Firms or Companies  

Tips for a Successful Pre-owned Car Loan Application

  • Fulfil the eligibility criteria  
  • Decide the loan amount based on your requirements 
  • Check your credit score 
  • Keep your credit utilisation ratio below 30%  
  • Keep the necessary documents ready 
  • Avoid multiple loan applications 

Poonawalla Fincorp Branch Address in Hissar

Poonawalla Fincorp Limited

Address: 2nd Floor, SCF-81 & 82, Above Bata Showroom, Delhi-Hissar Highway, Urban Estate-2, Hissar, Haryana-125001

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

rightArrow
rightArrow

Frequently Asked Questions

Do I need to pledge any assets to avail of a used car loan?

You do not need to pledge any additional collateral when applying for the loan. The car you purchase by availing of the second-hand car loan from Poonawalla Fincorp serves as collateral for the loan.  

What happens if I default on the EMIs of Poonawalla Fincorp’s second-hand car loan?

If you miss your EMI payments for our used car loan, a penalty of 24% p.a. + taxes is applicable on the overdue amount. Defaulting on your EMIs may also have an adverse impact on your credit score.  

 

What is the minimum interest rate for a used car loan from Poonawalla Fincorp?

The minimum interest rate for a used car loan from Poonawalla Fincorp starts from 11%* p.a. The interest rate applicable depends on your credit score, monthly income, repayment capacity, market value of the collateral, etc.