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 Nagaland with Flexible EMIs

Nagaland is a beautiful state in Northeast India, known for its rich cultural heritage and stunning landscapes. Unlock the freedom to own your dream car in this vibrant state with a Pre-owned Car Loan from Poonawalla Fincorp.

Avail of up to ₹75 Lakh with hassle-free online application and minimal documentation. Enjoy attractive interest rates, flexible loan tenure, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Loan up to 100%
of Car’s Value
Quick Application
Process
Attractive
Interest Rates
Minimal
Paperwork
Extended
Repayment Term
Zero Hidden
Fes

Pre-owned Car Loan EMI Calculator

Calculate your monthly instalments using our online EMI calculator. Enter your loan amount, interest rate, and tenure in the calculator to get results instantly. 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 Nagaland

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

  • Age Limit
  • Citizenship
  • Work Experience
  • Business Vintage

Click to know more about our eligibility criteria in detail. 

Documents Required for a Pre-owned Car Loan in Nagaland

Get a second-hand car loan with minimal documentation:

  • KYC Documents
  • Financial Documents
  • Bank Statements
  • Bank Statements
  • Car Documents

Click to know more about the documentation in detail. 

Interest Rate and Charges for a Used Car Loan in Nagaland

We offer a used car loan at competitive interest rates and minimal 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 You Can Buy with a Pre-owned Car Loan 

  • Sedans 

  • Hatchbacks 

  • Premium cars 

  • SUVs 

  • Electric vehicles 

  • MPVs 

Who Can Get a Pre-owned Car Loan in Nagaland

  • Salaried individuals 

  • Companies or firms 

  • Self-employed individuals  

Tips for a Successful Used Car Loan Application

  • Fill out your application carefully  

  • Apply for a loan amount within your means 

  • Meet all the eligibility criteria  

  • Keep your CIBIL score above 750 

  • Gather the necessary documents 

  • Lower your current liabilities before applying 

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. How do I calculate the EMI amount of my Pre-owned Car Loan in Nagaland?

You can calculate your EMIs using our free EMI calculator. Simply enter your loan amount, the interest rate, and the loan tenure. Our EMI calculator will display the monthly instalment amount instantly and accurately. 

2. How can I apply for a Pre-owned Car Loan in Nagaland at favourable terms?

You can apply this loan by meeting our eligibility criteria regarding age, income, employment, etc., and submitting the required documents. In addition, you should repay your bills on time and maintain a low credit utilisation ratio (below 30%), among other practices. This helps you get a used car loan on favourable terms. 

3. What is the maximum loan amount I can apply for a Pre-owned Car Loan from Poonawalla Fincorp?

You can secure a maximum loan amount of ₹75 Lakh from Poonawalla Fincorp to buy a used car of your choice. However, you must meet the eligibility criteria and several factors, such as monthly income and credit score, to get this amount.  

*T&C Apply