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

Avail of a Pre-owned Car Loan in Nagpur Instantly

Nagpur, the ‘Orange City’ of Maharashtra, is well-known for its architecture, natural beauty and cuisine. The city is also a major centre for several textile and agro-based industries. Bring home your favourite car 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 minimal paperwork and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

Loan up to 100%
of Car’s Value
Competitive
Interest Rate
Minimal
Documentation
Flexible Repayment Tenure
No Hidden
Charges
Quick
Approval

Pre-owned Car Loan EMI Calculator

Use the online EMI calculator to plan out your loan repayments according to your budget. Enter the loan amount, interest rate, and tenure to know your EMIs instantly. 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 Nagpur

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.

Documents Required for a Pre-owned Car Loan in Nagpur

Provide 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 necessary documents in detail.

Interest Rate and Charges for a Used Car Loan in Nagpur

We offer a used car loan with competitive interest rates and nominal charges:

Interest Rate
11%* p.a. onwards 
Loan Amount
₹2 Lakh - ₹75 Lakh
Loan Processing Fees
Up to 2%
Lowest EMI Per Month
Starting from ₹1903* per Lakh for 72 months
Loan Tenure
12 – 72 Months
Prepayment/Foreclosure Charges
4% plus applicable taxes
Default Charges
24% p.a. + taxes
Repayment Instrument Dishonour Charges
₹500 per bounce
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

  • Pre-owned hatchbacks 
  • Sedans 
  • SUVs 
  • MUVs 
  • Electric Vehicles 
  • Premium vehicles 

Who Can Get a Pre-owned Car Loan in Nagpur

  • Salaried Employees  
  • Firms or Companies 
  • Self-employed Individuals  

Tips for a Successful Used Car Loan Application 

  • Check the eligibility criteria 
  • Decide the loan amount based on your requirements 
  • Check your credit score 
  • Keep the required documents handy 
  • Avoid multiple loan applications  

Poonawalla Fincorp Branch Address in Nagpur

Poonawalla Fincorp Limited

Address: Office No.1st Floor, Vision, Plot No. 9, CTS No. 1062, VIP road, beside traffic park, Mouje Gadge, Dharampeth, Nagpur, Maharashtra-440010

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

Can I transfer my existing second-hand car loan to Poonawalla Fincorp?

Yes, you can transfer your existing used car loan to Poonawalla Fincorp at lower interest rates and favourable terms.  

What KYC documents should a self-employed individual submit to apply for Poonawalla Fincorp’s used car loan?

A self-employed professional needs to submit:  

  • Aadhaar Card 
  • Voter ID Card 
  • PAN Card 
  • Passport 

 

Is there a restriction on the type of car I can purchase with Poonawalla Fincorp’s used car loan?

There is no restriction on the type of car you can purchase with our second-hand car loan. You can opt for an SUV, MUV, sedan, premium vehicle, etc., with our used car loan.