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 Online

Thodupuzha, a town in the Idukki district of Kerala, is famous as a shooting locale for many South Indian movies due to its beautiful landscape. Purchase your dream car in Thodupuzha with a Pre-owned Car Loan from Poonawalla Fincorp.
Secure a loan of up to ₹75 Lakh with minimal paperwork. Benefit from our competitive interest rates, a loan of up to 100% of the car’s value, flexible EMIs and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

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

Pre-owned Car Loan EMI Calculator

Use our online EMI calculator to plan your monthly repayments. Enter the loan amount, interest rate and tenure to know your EMIs instantly. Try it 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 Thodupuzha

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 Thodupuzha

Submit 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

Access instant funds with a used car loan at 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. plus 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 Types of Cars You Can Buy with a Used Car Loan

  • Hatchbacks
  • Premiums cars
  • Sedans
  • MPVs
  • SUVs
  • Electric vehicles

Who Can Get a Pre-owned Car Loan in Thodupuzha

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

Tips for a Successful Pre-owned Car Loan Application

  • Fulfil the eligibility criteria
  • Maintain a credit utilisation ratio of 30%
  • Check your credit score
  • Frequently check your credit report for discrepancies
  • Keep the required documents ready
  • Avoid multiple loan applications

Poonawalla Fincorp Branch Address in Thodupuzha

Poonawalla Fincorp Limited

Address: 1st Floor, Choice Garden, Survey No: 125/3, Vengallur-Mangattukavala Bypass Road, Thodupuzha, Iddikki, Kerala-685585
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

What is the repayment tenure of Poonawalla Fincorp’s used car loan?

We offer you a flexible tenure on our second-hand car loan, ranging from 12 months to 72 months, to repay the loan amount.

What is the minimum credit score required to avail of a second-hand car loan from Poonawalla Fincorp?

Having a credit score of 750 and above increases your chances of getting approval for our used car loan at lower interest rates and favourable terms.

Are there any restrictions on how I can use a second-hand car loan from Poonawalla Fincorp?

Yes, you can use our second-hand car loan only to purchase a pre-owned car for personal use.