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 Kanpur Online

Kanpur is known as the ‘Leather City of the World’ as it is one of the largest leather hubs in the country. It is also known for its textile, chemical, and cloth manufacturing industries. Fulfil your dream of owning a car in this city with a Pre-owned Car Loan. Get up to ₹75 Lakh at competitive interest rates with minimal documentation, quick approval, flexible repayment tenure, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Up to 100%
of Car’s Value
Attractive
Interest Rate
Online
Application
Minimal
Paperwork
Flexible
Repayment Tenure
No Hidden
Charges

Pre-owned Car Loan EMI Calculator

Calculate your payable EMIs effortlessly with our online EMI calculator. Just enter the loan amount, interest rate, and tenure. Try now!

Optimise Your Pre-Owned Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Rupees one lakh

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 Kanpur

Depending upon 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 Kanpur

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 Kanpur

Poonawalla Fincorp offers a loan for used car at attractive interest rates and nominal charges:

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

  • Pre-owned sedans 

  • Hatchbacks 

  • SUVs 

  • Crossovers 

  • Premium vehicles 

Who Can Get a Used Car Loan in Kanpur

  • Salaried individuals  

  • Self-employed individuals 

  • Firms/Companies   

Tips for a Successful Pre-owned Car Loan Application 

  • Check your credit score 

  • Review the eligibility criteria 

  • Keep the down payment ready 

  • Avoid multiple loan applications 

  • Keep your debt-to-income ratio low 

Poonawalla Fincorp Branch Address in Kanpur

Address: 1st Floor, 16/116 (29), Plot No 34, Block 16 ( subplot 4 ) Bhargava Estate, Civil Lines, Kanpur, Uttar Pradesh-208001

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. Can I purchase a hatchback with a Used Car Loan in Kanpur?

Yes, you can purchase a hatchback with a used car loan. Avail of up to ₹75 Lakh at competitive interest rate.  

2. Can I finance the entire cost of a second-hand car with a loan?

Yes, at Poonawalla Fincorp, we offer up to 100% of the car's value as a loan, allowing you to purchase your desired car without compromises. However, the sanctioned loan amount may vary depending on your eligibility, credit score, and our internal policy. 

 

3. Is the loan application process with Poonawalla Fincorp fully digital?

Yes, the loan application process with Poonawalla Fincorp is fully digital. Click on ‘Apply Now’ and complete the application process in just a few minutes.