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

Apply for a Pre-owned Car Loan in Kota Online

Kota is known for its museums, palaces, temples, paintings and a thriving coaching industry. Purchase the car of your dreams in this city with a Pre-owned Car Loan of up to ₹75 Lakh from Poonawalla Fincorp. Get up to 100% of the car’s value with attractive interest rates, minimal paperwork and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

Up to 100%
of Car's Value
No Hidden
Charges
Quick
Approval
Flexible
EMIs
Minimal
Documentation
Online
Application Process

Pre-owned Car Loan EMI Calculator

Use our online EMI calculator to plan your monthly repayments. Just enter the loan amount, tenure and interest rates to derive accurate results. Try it 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 Kota

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

  • Age
  • Citizenship
  • Experience/Vintage
  • Occupation

Click to know more about our eligibility criteria in detail. 

Documents Required for a Used Car Loan in Kota

Upload just a few documents to avail of a used car loan:

  • KYC Documents
  • Income Proof
  • Address Proof
  • Car Documents
  • Bank Account Statement

Click to know more about the required documents in detail. 

Interest Rate and Charges for a Pre-owned Car Loan in Kota

Poonawalla Fincorp offers a used car loan with competitive interest rates and nominal charges:

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
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 SUVs 

  • Electric vehicles 

  • Hatchbacks 

  • Premium cars 

  • Sedans 

Who Can Get a Pre-owned Car Loan in Kota

  • Salaried Employees  

  • Firms or Companies 

  • Self-employed Professionals 

Tips for a Successful Pre-owned Car Loan Application

  • Check the eligibility criteria 

  • Finalise 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 Kota

Address: 1st floor, 1-C-18, Sweet Moments Building, Above Bank of Baroda, SFS, Sheela Choudhury Hospital Road, Talwandi, Kota, Rajasthan - 324005 

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 avail of a used car loan online with Poonawalla Fincorp?

Yes, you can visit our website to apply online for a used car loan. You can also download the Poonawalla Fincorp app to apply for the loan. Make sure to fulfil our eligibility criteria and submit the necessary documents to have a higher chance of getting quicker loan approval and instant disbursal. 

2. What address proof documents should a firm or company submit to get Poonawalla Fincorp’s used car loan?

A firm or company should submit: 

  • Electricity bill for owned premises 

  • Rent agreement for Rented premises 

  • Passport for Partner / Directors 

 

3. Do I need to pledge any assets to apply for Poonawalla Fincorp’s used car loan?

No, you need not pledge any additional assets to avail of our used car loan. The car you buy with our loan acts as collateral.