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

Get Up to 100% LTV With a Pre-owned Car Loan in Raipur

Raipur, the capital of Chhattisgarh, is famous for its temples, lakes and manufacturing industries, such as steel, cement, agro products, etc. Buy your dream car in this city with a Pre-owned Car Loan from Poonawalla Fincorp. Secure a loan of up to ₹75 Lakh with minimal paperwork. Enjoy attractive interest rates, a loan of up to 100% of the car’s value and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

Up to 100%
of Car’s Value
Swift
Approval
No Hidden
Charges
Online Application
Minimal
Documentation
Competitive
Interest Rate

Pre-owned Car Loan EMI Calculator

Plan your monthly repayments using our online EMI calculator. Enter the loan amount, interest rate, and tenure for instant results. Try 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 Raipur

The eligibility criteria for Poonawalla Fincorp’s used car loan depend 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 Raipur

Upload just a few documents to apply for 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 Raipur

We offer a used car loan at attractive interest rates and nominal charges:

Interest Rate
11%* p.a. onwards 
Loan Amount
₹2 Lakh - ₹75 Lakh
Loan Processing Fees
Up to 2% 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 to Buy With a Pre-owned Car Loan in Raipur

  • Luxury cars 
  • Electric cars 
  • Crossovers 
  • Hatchbacks 
  • Sedans 
  • SUVs/ MUVs 

Who Can Get a Pre-owned Car Loan in Raipur

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

Tips for a Successful Pre-owned Car Loan Application 

  • Fulfil the eligibility criteria 
  • Borrow only what you need 
  • Check your credit score 
  • Keep the required documents ready 
  • Avoid multiple loan applications  

​Poonawalla Fincorp Branch Address in Raipur   

Poonawalla Fincorp Limited

Address: Office No. 3044 to 3048, 3rd Floor, Currency Tower, VIP Road Chowk, Near Ram Mandir, Raipur, Chhattisgarh -492001

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. Are there any pre-closure options available for Poonawalla Fincorp’s second-hand car loan?

Yes, you have the option to prepay or foreclose your used car loan at any time during the loan tenure. If you pre-close your used car loan using your own funds, you don’t have to pay any charges. However, a 4% fee plus taxes is applicable if you pre-close your loan using other fund sources. 

2. Is the application process for Poonawalla Fincorp’s used car loan fully online?

Yes, our application process for a used car loan is fully digital. You do not have to visit the nearest branch to apply for our loan. Instead, you can complete the application process on our website and upload the necessary documents.  

 

3. Why should I use an EMI calculator to plan the repayment for my second-hand car loan?

Before applying for a Pre-owned Car Loan, you should make a proper repayment plan using our EMI calculator. Missing even a single instalment can have a negative effect on your finances and credit score. Hence, you should budget your income and expenses properly and download the repayment schedule using the EMI calculator.