Get a Pre-owned Car Loan in Ludhiana With Quick Approval
Ludhiana is an important industrial city in Punjab known for its historical forts, monuments and local cuisine. Own the car of your choice in this city with a Pre-owned Car Loan from Poonawalla Fincorp. Avail of a loan of up to ₹75 Lakh with minimal paperwork. Benefit from our competitive rates, flexible EMIs, loan of up to 100% of the car’s value and instant disbursal. Apply now!
Pre-owned Car Loan EMI Calculator
Plan your monthly repayments instantly with our online EMI calculator. Slide the bar to enter the loan amount, tenure and interest rate. Use now!
Why Choose Poonawalla Fincorp
Loan up to 100%of Car's Value
No HiddenCharges
Swift Loan Approval
Instant Disbursal
Minimal Documentation
Competitive Interest Rate
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.
Our eligibility criteria depend 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.
Provide minimal 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 necessary documents in detail.
Get our second-hand loan at attractive interest rates and nominal charges:
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
- Luxury Cars
- Pre-owned sedans
- SUVs
- Hatchbacks
- Crossovers
- Salaried Employees
- Self-employed Individuals
- Firms or Companies
- Check the eligibility criteria
- Decide the loan amount based on your requirements
- Check your credit score
- Keep all the necessary documents handy
- Avoid multiple loan applications
Address: 7th Floor, SCO 10 & 11, Feroz Gandhi Market, Above DCB Bank Ludhiana, Punjab-141001
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
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!
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!
Pre-owned Car Loan
Very professional staff knowledgeable and polite should be always a first choice to choose Poonawalla i always get gentle reminder about my due date and once payment is made love the teamwork thankyou
Thats a smooth process. It helped me getting my query resolved within fraction of seconds.
Pre-owned Car Loan
All Good Services has Provided From Poonawalla Fincorp I will Definitely Recommend the Company.
Pre-owned Car Loan
The service is very good I have received the payment at the time they were given everything is very good.
Pre-owned Car Loan
I will definitely recommend the company if someone ask or need as I have been associated with company from last 10 years
Discover More with
Other Loan Options to Suit Your Needs
Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s
FinHub
-
pre owned car loan16 Oct 2025| 7 min -
pre owned car loan16 Oct 2025| 6 min
Frequently Asked Questions
A salaried individual needs to submit:
- Driving License
- Voter ID
- Passport
If you miss your EMI payment for our second-hand car loan, a penalty of 24% p.a. + taxes is applicable to the outstanding amount.
No, you cannot get our used car loan without submitting your proof of income. The income documents help us ascertain whether you have a stable income and whether you can repay the loan. These documents differ depending on whether you are salaried, self-employed or a firm/company.