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

EMI Calculator for a Pre-owned Car Loan

Estimate your EMI in seconds with our online EMI calculator. Simply enter the amount, interest rate and tenure to see the results right away. 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
12 Months
72 Months

Why Choose Poonawalla Fincorp

high loan value icon Loan up to 100%
of Car’s Value
Quick icon Quick
Approval
zero hidden charges icon Zero Hidden
Charges
Competitive interest rate icon Competitive
Interest Rate
Repayment icon Flexible
Tenure
minimal documentation icon Minimal
Documentation

Apply for a Used Car Loan in Just 3 Steps

step1

Click on "Apply Now"

Tap the “Apply Now” button to initiate your application.

step2

Enter Details

Enter your DOB, contact, employment and car details.

step3

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

Submit a few necessary documents for a second-hand car loan:

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

Click to know more about the necessary documents in detail.

  • Pre-owned Hatchbacks 
  • SUVs 
  • Premium cars 
  • Sedans 
  • Pick up (Commercial) 
  • Self-employed individuals 
  • Salaried individuals 
  • Companies or firms 
  • Avail a reasonable amount of loan 
  • Reduce your existing liabilities 
  • Choose a popular car model 
  • Maintain a healthy credit score 
  • Meet the required eligibility criteria 
  • Provide accurate information in your application 

Poonawalla Fincorp Limited

Address: 2nd & 3rd Floor, Chandini Emporio, C-9, Vaishali Marg, Near Vaishali Circle, Vaishali Nagar, Jaipur, Rajasthan-302021

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

You can lower the EMI of a used car loan by extending the loan tenure and decreasing the loan amount. Hence, it's advisable to borrow only the amount you need and ensure the EMI is manageable to avoid unnecessary financial strain. 

You can receive a maximum loan amount of ₹75 Lakh from Poonawalla Fincorp to purchase a used car based on your financial profile. 

 

Yes, you can get this loan to upgrade your existing car. It may include visual enhancement, installation of bluetooth system, enhancing the engine performance, etc.