Get a Used Car Loan in Karnal With Flexible EMIs
Karnal, known as the ‘Rice Bowl of India’, is one of the most beautiful and clean cities in Haryana. Explore the scenic beauty of this city in your own car with a Pre-owned Car Loan from Poonawalla Fincorp. Get a loan of up to ₹75 Lakh with benefits like attractive interest rates, flexible loan tenure, and zero hidden charges. Apply now!
Why Choose Poonawalla Fincorp
Pre-owned Car Loan EMI Calculator
Plan your monthly repayments using our online EMI calculator. Enter the loan amount, interest rate, and tenure to know your EMIs instantly. Calculate now!
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.
Eligibility Criteria for a Used Car Loan in Karnal
The eligibility criteria for a second-hand car loan differ based on whether you are a salaried individual, self-employed or a firm/company depending on aspects like:
- Age limit:
- For salaried employees: 24-60 years
- For self-employed individuals: 24-65 years
- For a proprietor, partner or director of a firm/company: At least 24 years
- Nationality: Indian
- Work experience (for salaried):
- Loan amount of up to ₹10 Lakh: At least 3 months in current employment with total work experience of 12 months
- Loan amount of ₹10 Lakh to ₹75 Lakh: At least 6 months in current employment with total work experience of 24 months
- Business vintage (for self-employed):
- Loan amount of up to ₹10 Lakh: Minimum 24 months in current business
- Loan amount of ₹10 Lakh to ₹75 Lakh: Minimum 36 months in current business
- Business vintage (for firm or company): Should be in the same business for at least 2 years
Click to know more about our eligibility criteria in detail.
Documents Required for a Pre-owned Car Loan in Karnal
Get a second-hand car loan with minimal documentation:
- KYC Documents
- Financial Documents
- Bank Statements
- Address proof
- Car Documents
Click to know more about the documentation in detail.
Interest Rate and Charges for a Pre-owned Car Loan in Karnal
Enjoy affordable interest rates and nominal charges with a used car loan:
4% if paid from other sources
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 Used Car Loan
- Crossovers
- Sedans
- SUVs/ MUVs
- Hatchbacks
- Premium cars
- Electric cars
Who Can Get a Pre-owned Car Loan
- Salaried Employees
- Self-employed Individuals
- Firms or Companies
Tips for a Successful Pre-owned Car Loan Application
- Choose the right loan amount
- Maintain a credit score of 750 or above
- Understand the loan terms and conditions
- Review your credit report to avoid errors
- Fulfil the basic eligibility criteria
- Avoid multiple loan applications
Poonawalla Fincorp Branch Address in Karnal
Address:1st Floor, SCO 90 & 91 Sector 16, Namestey Chowk, Pritam Nagar, Karnal, Haryana -132001
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
Happy Customers, Happy Us


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
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Frequently Asked Questions
Yes, you can purchase any type of car with Poonawalla Fincorp’s used car loan. From SUVs and MUVs to crossovers and electric cars – you can opt for any model without restrictions. Based on your eligibility, you can request an amount between ₹2 Lakh - ₹75 Lakh to meet the costs associated with buying the car of your dreams.
No, there are zero foreclosure charges for foreclosing your Pre-owned Car Loan if you repay the loan from your own sources. However, a charge of 4% applies on the outstanding loan amount (plus taxes) if you repay from other sources.
Maintaining a credit score of 750 or above helps you secure a loan on favourable terms. To maintain such a stable credit score, make your repayments on time, check your credit report for errors, maintain a credit utilisation ratio below 30%, and so on.