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

Secure a Pre-owned Car Loan in Vijayawada Instantly

Vijayawada is known for its ornate temples, delicious food and culture. This city is also home to several industries, such as construction, food processing, entertainment, etc. Buy a car in Vijayawada with a Pre-owned Car Loan of up to ₹75 Lakh from Poonawalla Fincorp. Benefit from our attractive interest rates, minimal documentation, simple eligibility criteria and instant approval. Apply now!

Why Choose Poonawalla Fincorp

Loan up to 100%
of Car’s Value
No Hidden
Charges
Swift
Approval
Flexible
EMIs
Minimal
Paperwork
Competitive
Interest Rate

Pre-owned Car Loan EMI Calculator

Use the EMI calculator to plan your monthly repayments. 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 Vijayawada

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 Pre-owned Car Loan in Vijayawada

Submit just a few documents:

  • KYC Documents
  • Income Proof
  • Address Proof
  • Car Documents
  • Bank Account Statement

Click to know more about documentation in detail

Interest Rate and Charges for Used Car Loan in Vijayawada

We offer a second-hand 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%
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 to Buy With a Pre-owned Car Loan

  • Electric vehicles 
  • SUVs  
  • Sedans 
  • Premium vehicles 
  • Crossovers 
  • Hatchbacks 

Who Can Get a Pre-owned Car Loan in Vijayawada

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

Tips for a Successful Used 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 Vijayawada

Address: 3rd Floor, R.S. Tower, Door No.40-25-80/1, Revenue Ward 13A, Kurra Satyanarayana Street, Gayatri Nagar, Benz Circle, Vijayawada, Andhra Pradesh - 520010 

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 car documents do I have to provide to apply for Poonawalla Fincorp’s second-hand car loan?

You need to provide the registration certificate (RC) and insurance documents of your car to apply for our second-hand car loan.  

What is the minimum age to apply for Poonawalla Fincorp’s used car loan?

The minimum age to apply for our second-hand car loan is 24 years, regardless of whether you are a self-employed professional, a salaried employee or a partner/proprietor/director of a firm or a company. 

Are there any penalties if you default on a used car loan from Poonawalla Fincorp?

Yes, if you miss an EMI of your used car loan, you have to pay a penalty of 24% p.a. + taxes on the overdue amount. Defaulting on your EMIs will also have a negative impact on your credit score.