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 Jalandhar Instantly

Jalandhar, a vibrant city in Punjab, is known for its cultural heritage and manufacturing industries, such as sports equipment, rubber goods, auto parts, etc. Buy the car of your choice in this city with a Pre-owned Car Loan from Poonawalla Fincorp.

Secure a loan of up to ₹75 Lakh with minimal paperwork. Enjoy competitive rates, a loan of up to 100% of the car’s value and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

Loan Up to 100%
of Car's Value
No Hidden
Charges
Quick
Approval
Flexible
Repayment Option
Minimal
Documentation
Attractive
Interest Rate

Pre-owned Car Loan EMI Calculator

Plan your monthly repayments with our online EMI calculator. Simply enter the loan amount, interest rate and tenure to view the results instantly. Try 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 Jalandhar

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

  • Age
  • Occupation
  • Income
  • Citizenship

Click to know more about the eligibility criteria in detail

Documents Required for a Pre-owned Car Loan in Jalandhar

Submit the required documents based on whether you are salaried, self-employed and firms/companies to avail the loan.

  • KYC Documents
  • Financial/Income documents
  • Ownership and Insurance documents
  • Address proof documents
  • Bank statement

Click to know more about the necessary documents in detail

Interest Rate & Charges for a Pre-owned Car Loan in Jalandhar

Interest Rate
11%* p.a. onwards 
Loan Amount
₹1 Lakh to ₹75 Lakh
Loan Processing Fees
Up to 1% plus applicable taxes
Lowest EMI Per Month
₹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 Types of Cars You Can Buy With a Pre-owned Car Loan

  • Luxury Cars
  • Hatchbacks
  • Sedans
  • MUVs
  • SUVs

Who Can Get a Pre-owned Car Loan in Jalandhar

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

Tips for a Successful Pre-owned Car Loan Application

  • Check the eligibility criteria
  • Decide the loan amount based on your requirements
  • Check your credit score
  • Keep the required documents ready
  • Avoid multiple loan applications

Poonawalla Fincorp Branch Address in Jalandhar

Address: Ground Floor, SCO-3, Opp C D office, Puda complex, Jalandhar, Punjab - 144001

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

1. How do I increase my chances of getting a second-hand car loan with lower EMIs?

You can avail of a second-hand car loan with low EMIs by maintaining a credit score of 750 and above, making a larger down payment, reducing your debt-to-income ratio, etc.

2. Are the interest rates for Poonawalla Fincorp’s Pre-owned Car Loan the same for all loan applicants?

The final interest rate for our second-hand car loan can vary across applicants depending on their credit scores, monthly income, repayment capacity, etc. The interest rate for our second-hand car loan starts from 11%* p.a.

 

3. What is the lowest EMI for a Pre-owned Car Loan from Poonawalla Fincorp?

The lowest possible EMI for our second-hand car loan starts from ₹1,903 for a loan amount of ₹1 Lakh, an interest rate of 11%* p.a. and a loan tenure of 72 months.