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 Kolkata with Flexible Tenure

Kolkata, also known as the ‘Cultural Capital of India’ is the largest city in West Bengal. Make your daily commute hassle-free by owning your dream car with a Pre-owned Car Loan in Kolkata. Unlock funds of up to ₹75 Lakh from Poonawalla Fincorp with attractive interest rates and extended repayment tenure. Benefit from minimal documentation, fast approval, instant disbursal, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Loan up to 100%
of Car's Value
No Hidden
Charges
Flexible
EMIs
Minimal
Documentation
Swift
Disbursal
Quick
Approval

Pre-owned Car Loan EMI Calculator

Check your monthly repayments using our online EMI calculator. Slide to enter the loan amount, interest rate, and loan tenure for instant results. 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
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 Kolkata

The eligibility criteria for a second-hand car loan vary based on whether you are a salaried individual, self-employed or a firm/company depending on aspects like:

  • Age Limit
  • Nationality
  • Work Experience
  • Business Vintage

Click to know more about the eligibility criteria in detail. 

Documents Required for a Pre-owned Car Loan in Kolkata

Apply for our used 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 Used Car Loan in Kolkata

Interest Rate
11%* p.a. onwards 
Loan Amount
₹2 Lakh to ₹75 Lakh
Loan Processing Fees
Up to 2% 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 Pre-owned Car Loan

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

Who Can Get a Pre-owned Car Loan in Kolkata

  • Self-employed individuals 
  • Companies or firms 
  • Salaried employees 

Tips for a Successful Used Car Loan Application

  • Choose a loan amount within as per your repayment capability 
  • Maintain a good credit score  
  • Ensure to have a manageable EMI 
  • Reduce your outstanding debts 
  • Meet the lender’s eligibility requirements 
  • Compare offers from different car dealers  
  • Avoid discrepancies in your loan application 

Poonawalla Fincorp Branch Address in Kolkata

Address: 6th Floor, Apeejay House, Block B, Unit No: B/6/1, 15 Park Street, Kolkata, West Bengal-700016 

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

What are the foreclosure charges for a second-hand car loan?

There are no foreclosure charges applicable if the loan repaid from your own sources. However, paying from other sources will impose a 4% charge on the outstanding loan amount. 

Can I transfer my existing car loan to Poonawalla Fincorp?

Yes, it is possible to transfer your existing car loan to Poonawalla Fincorp. Opt for a Pre-owned Car Loan balance transfer facility if you are in search of low rates of interest and extended loan tenure. 

 

What is the penalty for missing an EMI payment?

In case you miss an EMI payment, a penalty of 24% p.a. + taxes will be charged on the overdue amount. Additionally, if a cheque bounces, a penalty of ₹500 plus applicable taxes will be levied for each bounce.