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 in West Bengal Instantly

West Bengal is famous for its vibrant art, culture and rich biodiversity. The state’s economy is mainly dependent on agro-based and manufacturing industries. Purchase your own car in the state with a Pre-owned Car Loan from Poonawalla Fincorp. Get a loan of up to ₹75 Lakh with competitive 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
No Hidden
Charges
Quick
Approval
Minimal
Documentation
Attractive
Interest Rate
No Hidden Charges

Pre-owned Car Loan EMI Calculator

Use our online EMI calculator to plan your monthly repayments. Slide the bar to enter the loan amount, interest rate and tenure to know your EMI instantly. Try it 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 West Bengal

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 West Bengal

Upload minimal documents to avail of a used car loan:

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

Click to know more about our necessary documents in detail.

Interest Rate and Charges for a Used Car Loan in West Bengal

Our used car loan comes with 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 Pre-owned Car Loan

  • SUVs  

  • MUVs  

  • Sedans 

  • Luxury Cars 

  • Hatchbacks 

  • Electric Vehicles 

Who Can Get a Pre-owned Car Loan in West Bengal

  • Self-employed Individuals  

  • Firms or Companies 

  • Salaried Employees  

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 required documents ready 

  • Avoid multiple loan applications 

Poonawalla Fincorp Branch Address in West Bengal

Poonawalla Fincorp’s Durgapur Branch 

Address: 2nd Floor, Kwality Hotel Complex, Bhiringi More, Dist - Panchim Bardhman, West Bengal -713213 

Contact Number: 1800-266-3201 (Toll Free) 

Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.) 

Poonawalla Fincorp’s Kolkata Branch 

Address: 6th Floor, Apeejay House, Block B, Unit No: B/6/1, 15 Park Street, Kolkata, West Bengal - 700016 

Contact Number: 1800-266-3201 (Toll Free) 

Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.) 

Poonawalla Fincorp’s Siliguri Branch 

Address: 1st Floor, Unity Building, Sevoke Road, Siliguri, West Bengal - 734001

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 is the impact of your credit score while applying for a used car loan?

Your credit score has a role in deciding the interest rate and loan terms of your used car loan. If you have a credit score of 750 and above, you have a higher chance of getting better terms and conditions on your second-hand car loan. 

2. Can self-employed individuals get Poonawalla Fincorp’s used car loan?

Yes, self-employed individuals can apply for our second-hand car loan, provided they meet the eligibility criteria and submit the documents required for getting loan approval. 

3. How can I reduce the EMI on my second-hand car loan?

You can reduce the EMI of your second-hand car loan by selecting a longer tenure or making a higher down payment.