Get a Used Car Loan in Coimbatore Online
Frequently referred to as the Manchester of South India, Coimbatore is one of the top ten livable cities in India, with bustling urban infrastructure, year-round tropical weather and lush green natural landscapes. Explore the rich heritage of this teeming city in your own car with a Pre-owned Car Loan in Coimbatore from Poonawalla Fincorp. Get your dream car with the convenience and affordability of a used car loan of up to ₹75 Lakh at the lowest interest rates and minimal documentation. Apply now!
Why Choose Poonawalla Fincorp
Pre-owned Car Loan EMI Calculator
Easily calculate your monthly EMI for a Pre-owned Car Loan in Coimbatore before you apply online. Plan your monthly repayment obligations effectively with our user-friendly calculator. Just enter the loan amount, interest rate, and tenure to instantly view your EMI. Try it now!
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.
Eligibility Criteria for a Pre-owned Car Loan in Coimbatore
Eligibility for your used car loan in Coimbatore depends on multiple factors. Specific eligibility criteria may further vary depending upon whether you are salaried, self-employed or an established firm/company.
- Age
- Occupation
- Experience/Vintage
- Citizenship
Click to know more about eligibility criteria in detail.
Documents Required for a Pre-owned Car Loan in Coimbatore
Submit the required documents based on whether you are salaried, self-employed or an established firm/company to avail of this loan:
- Car Documents
- Identity Proof
- Address Proof
- Income Proof
- Bank Account Statement
Click to know more about the documents required in detail.
Interest Rate and Charges for a Used Car Loan in Coimbatore
Poonawalla Fincorp offers a used car loan at attractive interest rate and minimal charges:
4% if paid from other sources
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
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SUVs
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MUVs
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Sedans
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Electric vehicles
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Premium cars
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Hatchbacks
Who Can Get a Pre-owned Car Loan in Coimbatore
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Salaried individuals
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Self-employed professionals
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Firms/Companies
Tips for Successful Second-hand Car Loan Application
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Check your credit score
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Match all eligibility criteria
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Choose the right car
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Keep necessary documents handy
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Avoid multiple loan applications
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Consider a co-applicant to strengthen your application
Poonawalla Fincorp Branch Address in Coimbatore
Poonawalla Fincorp Limited
Address: 6th Floor, Classic Towers, Trichy Road, Coimbatore Tamil Nadu-641018.
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)
Happy Customers, Happy Us


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
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Frequently Asked Questions
The Pre-owned Car Loan amount you can secure from Poonawalla Fincorp ranges from ₹1 Lakh to ₹75 Lakh. However, your final loan amount depends on factors such as your credit profile and repayment capacity.
At Poonawalla Fincorp, you can choose a repayment period that suits your financial plan, ranging from 12 to 72 months. Longer tenures offer lower EMIs, while shorter ones reduce overall interest costs.
Defaulting may lead to late fees, negative impact on your credit score, etc. It is best recommended that you plan your repayments ahead and set up autopay for automatic deduction of your EMI amount.
Multiple factors determine your eligibility for a used car loan including your credit score, income, employment stability, age as well as the car's condition and age. At Poonawalla Fincorp, we also consider your debt-to-income ratio and overall financial health.