Get a Pre-owned Car Loan in Madurai
Madurai is a major cultural centre in Tamil Nadu known for its historical significance, pilgrimage sites and festivals. It is an industrial hub in Tamil Nadu with several industries including IT, agriculture, manufacturing, etc. Purchase your desired car in this city with a Pre-owned Car Loan from Poonawalla Fincorp. Get a loan of up to ₹75 Lakh with minimal paperwork. Benefit from our attractive interest rates, flexible EMIs, loan of up to 100% of the car’s value and instant disbursal.
Pre-owned Car Loan EMI Calculator
Use our EMI calculator to estimate your monthly payments. Just enter the loan amount, interest rate and tenure to know your EMIs instantly. Calculate now!
Why Choose Poonawalla Fincorp
Loan up to 100%of Car's Value
Attractive Interest Rate
Quick Approval
Minimal Paperwork
No HiddenCharges
OnlineApplication Process
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 differ depending on whether you are salaried, self-employed or a firm/company and on other 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 used car loan at attractive interest rates and nominal charges:
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
- Sedans
- SUVs
- MUVs
- Hatchbacks
- Salaried Employees
- Self-employed Individuals
- Firms or Companies
- Check the loan eligibility criteria
- Determine the loan amount based on your requirements
- Check your credit score
- Maintain a credit utilisation ratio of up to 30%
- Keep the required loan documents ready
- Avoid multiple loan applications
Address: No. 12A, 4th Floor, ATP Tower, Bypass Road, Madurai, Tamil Nadu - 625016
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
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pre owned car loan16 Oct 2025| 7 min -
pre owned car loan16 Oct 2025| 6 min
Frequently Asked Questions
Applying for a used car loan can impact your credit score. Once you apply for the loan, a hard inquiry is generated, which may result in your credit score to reduce by a few points. However, repaying your EMIs on time and maintaining a low credit utilisation ratio can help improve your credit score over time.
The main advantages of getting our used car loan include availing of a loan of up to 100% of the car’s value, no hidden charges, 100% online application process, flexible EMIs, minimal paperwork, swift approval and instant disbursal.
If you miss an EMI payment on your second-hand car loan, you will have to pay a default interest of 24% p.a. + taxes of the overdue amount. It will also have a negative impact on your credit score.