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

Avail of a Hassle-Free Used Car Loan in Kerala

Kerala is famous for its stunning backwaters, pristine beaches, and rich cultural heritage. Purchase your dream car affordably in this city with a Pre-owned Car Loan from Poonawalla Fincorp. Get a high loan amount of up to ₹75 Lakh at competitive interest rate. Benefit from a high LTV, online application, minimal paperwork, flexible repayment tenure, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Up to 100%
Car’s Value
Competitive
Interest Rate
Minimal
Documentation
Online
Application
Flexible
Repayment Tenure
No Hidden
Charges

Pre-owned Car Loan EMI Calculator

Determine your EMIs with our user-friendly EMI calculator. Just enter the loan amount, interest rate, and tenure to know your repayment schedule. Calculate 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 Kerala

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 Kerala

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 of a Used Car Loan in Kerala

Get a second-hand car loan at attractive interest rates and transparent 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 to Buy With a Pre-owned Car Loan in Kerala

  • Hatchbacks
  • SUVs
  • MUVs
  • Premium cars
  • Electric Vehicles
  • Sedans

Who Can Get a Pre-owned Car Loan in Kerala

  • Salaried individuals
  • Self-employed professionals
  • Firms/Companies

Tips for a Successful Pre-owned Car Loan Application

  • Check your credit score
  • Review the eligibility requirements
  • Keep all required documents ready
  • Reduce your existing debts

Poonawalla Fincorp’s Branch Address in Kerala

Poonawalla Fincorp’s Cochin Branch
Address:5th Floor, Muscat Tower, Sahodaran Ayyappan Road, Above HP World, Kadavnathara, Cochin-682020
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Kannur Branch
Address:2nd Floor, J.R.Complex, Talap Road, Kannur, Kerala-670004
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Kayamkulam Branch
Address:1st Floor, Srees Building, MK Hemachandran Road, Near Sree Krishna Swamy Temple, Puthiyidom, Kanyakulam, Kerala-690502
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Kollam Branch
Address:2nd Floor, Sree Vigneswara Bhavan, Kadapakada, Kollam, Kerala -691008
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Kottayam Branch
Address:1st floor, Vetteel Estate, Kanjikuzhy, Kottayam, Kerala-686004
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Kozhikode Branch
Address:1st Floor, Trinity Arcade, Kannur Road, Near ESAF Bank, West Nadakkavu, Kozhikode, Kerala -673011
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Malappuram Branch
Address:2nd Floor, City Square, Kozhikode Road, Kottapadi junction, Down Hill, Malappuram, Kerala-676519
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Palakkad Branch
Address:1st Floor, KAV Center, Chandranagar, Palakkad, Kerala- 678014
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Pattambi Branch
Address:1st Floor, Koppan Trade Center, Mela Pattambi Post, Palakkad Road, Palakkad, Kerala-679306
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Thodupuzha Branch
Address:1st Floor, Choice Garden, Survey No: 125/3, Vengallur-Mangattukavala Bypass Road, Thodupuzha, Iddikki, Kerala-685585
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Thrissur Branch
Address:2nd Floor, Chowallur Tower, Civil Lines Road, Opp. Mar Augin Thoovana Church, West Fort, Thrissur, Kerala-680004
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Tirur Branch
Address:1st Floor, Kottathara Complex, Naduvilangadi, Tirur, Kerala-676107
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Trivandrum Branch
Address:1st Floor, Sree Uthradam Arcade, Sasthamangalam, Trivandrum, Kerala-695010
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. What CIBIL score is required for a Pre-owned Car Loan in Kerala?

A credit score of 750 and above is considered good. A good CIBIL score improves your chances of loan approval with favourable loan terms.

2. Are there any prepayment or foreclosure charges for a used car loan?

Poonawalla Fincorp offers a used car loan with zero foreclosure charges if paid from own sources. However, a 4% fee is levied if paid from other sources.

3. What types of cars can I purchase with a Used Car Loan in Kerala?

With Poonawalla Fincorp's second-hand car loan, you can own a wide range of used cars worth up to ₹75 Lakh, including premium cars, SUVs, hatchbacks, and sedans, subject to certain terms and conditions.