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 Thane Instantly

Thane, known as the "city of lakes," is a bustling industrial hub that plays a vital role in India's economy. Purchase your own car in this city to travel anywhere comfortably with a Pre-owned Car Loan from Poonawalla Fincorp. Get a loan of up to ₹75 Lakh with competitive rates, no hidden charges, a loan of up to 100% of the car’s value and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

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

Pre-owned Car Loan EMI Calculator

Make use of our online EMI calculator to estimate your monthly payments. Just enter the loan amount, interest rate and tenure to know your EMIs instantly. Try 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 Thane

Our eligibility criteria 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 Pre-owned Car Loan in Thane

Upload 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 Pre-owned Car Loan in Thane

We offer a used car loan at attractive interest rates and nominal 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
  • SUVs
  • Premium cars
  • EVs
  • MUVs

Who Can Get a Pre-owned Car Loan in Thane

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

Tips for a Successful Used Car Loan Application

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

Poonawalla Fincorp Branch Address in Thane

Poonawalla Fincorp Limited
Address:1st Floor, Nirmal Deep, Doctor Moose Road, Opp. Talao Pali, Near Gadkari Rangaytan Hall, Jhambli Naka, Thane West, Maharashtra -400602
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. How do I calculate the EMIs for a second-hand car loan from Poonawalla Fincorp?

You can compute the monthly payment of your used car loan with our EMI calculator. Enter your loan amount, interest rate, and loan tenure to learn your EMI instantly.

2. What is the penalty for missing an EMI payment for Poonawalla Fincorp’s second-hand car loan?

The penalty for missing an EMI payment on our used car loan is 24% p.a. + taxes. Additionally, in case of a cheque bounce, you have to pay a fee of ₹500 plus applicable taxes per bounce.

3. What is the maximum loan amount I can avail of for a used car loan in Thane from Poonawalla Fincorp?

The maximum loan amount available for our second-hand car loan is up to ₹75 Lakh. This amount is subject to the car's valuation, your income, credit score and our loan approval criteria.