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 Warangal With Attractive Interest Rates

Warangal, the fascinating city in Telangana, is known for its ancient temples, peaceful lakes, and vibrant history. Explore this city in your own car with a Pre-owned Car Loan from Poonawalla Fincorp.

Unlock funds of up to ₹75 Lakh with quick approval and instant disbursal. Enjoy attractive interest rates, flexible loan tenure, and zero hidden charges. Apply now! 

Why Choose Poonawalla Fincorp

Up to 100% of
Car’s Value
Online Application
Attractive
Interest Rate
Minimal
Paperwork
Extended Repayment
Term
Zero Hidden
Fees

Pre-owned Car Loan EMI Calculator

Plan your EMIs using our free-to-use EMI calculator. Enter the loan amount, interest rate, and tenure for instant results. Calculate 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 Warangal

The eligibility criteria for a second-hand car loan differ based on whether you are a salaried individual, self-employed or a firm/company depending on aspects like:

  • Age
  • Citizenship
  • Work Experience
  • Business Vintage

Click to know more about our eligibility criteria in detail

Documents Required for a Pre-owned Car Loan in Warangal

Qualify for our loan by meeting minimal paperwork requirements:

  • KYC Documents
  • Financial Documents
  • Bank Statements
  • Address Proof
  • Car Documents

Click to know more about the documentation in detail

Interest Rate and Charges for a Used Car Loan in Warangal

Secure a used car loan at competitive 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 Used Car Loan

  • Sedans 

  • Hatchbacks 

  • SUVs/ MUVs 

  • Crossovers 

  • Electric vehicles 

  • Premium vehicles 

Who Can Get a Second-hand Car Loan in Warangal

  • Firms or companies 

  • Salaried employees  

  • Self-employed individuals  

Tips for a Successful Pre-owned Car Loan Application 

  • Get employed at a reputable company  

  • Choose an appropriate repayment tenure  

  • Maintain a high credit score (750 recommended)  

  • Add a co-applicant to ensure approval 

  • Select a car in superior condition  

  • Submit the required documents  

Poonawalla Fincorp Branch Address in Warangal

Poonawalla Fincorp Limited

Address: 3rd floor, Kandakatla's Gateway, Block D, Shop No.12 & 13, No.5-11-503 & 504, KUC Cross Road, Naim Nagar, Hanamkonda, Warangal, Telangana-506009

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. What steps can I take to get quick approval for a second-hand car loan?

To get quick approval for an old car loan, maintain a credit score of 750 or above, meet the basic eligibility criteria, such as age, income, citizenship, etc., and submit the necessary documents like KYC, income proof, address proof, car details, etc. This helps improve your chance of getting swift approval on your used car loan. 

2. Can I buy any car with a Pre-owned Car Loan from Poonawalla Fincorp?

Yes, you can purchase any car of your choice with Poonawalla Fincorp’s used car loan. There is no restriction on the type of vehicle you can purchase. However, ensure the car is in good condition.  

 

3. What are the interest rates for a used car loan?

At Poonawalla Fincorp, the interest rates for a Pre-owned Car Loan starts at 11%*p.a. However, they may vary based on your financial profile.