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

Get a Used Car Loan in Pune Seamlessly

Pune, referred to as the ‘Oxford of the East,’ is home to several educational institutions and boasts a rich educational heritage. The city is popular for its pleasant weather, lush greenery, and warm hospitality. Drive your dream car in this city with a Pre-owned Car Loan from Poonawalla Fincorp. Avail of up to ₹75 Lakh at a competitive interest rate with minimal documentation. Benefit from online application, flexible repayment tenure and no hidden charges.

Why Choose Poonawalla Fincorp

Up to 100%
Car’s Value
Attractive
Interest Rate
Online
Application
Minimal
Documentation
Flexible
Loan Tenure
No Hidden
Charges

Pre-Owned Car Loan EMI Calculator

Calculate your EMIs instantly with our hassle-free online EMI calculator. Just enter the loan amount, interest rate, and tenure. Try 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 Pune

Depending on whether you are salaried, self-employed or an established firm/company, your eligibility criteria may differ based on:

  • Age
  • Occupation
  • Experience/Vintage
  • Citizenship

Click to know more about eligibility criteria in detail.

Documents Required for a Pre-Owned Car Loan in Pune

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 Pune

We offer a second-hand 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 Types of Cars You Can Buy With a Used Car Loan

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

Who Can Get a Pre-Owned Car Loan in Pune

  • Salaried individuals
  • Self-employed individuals
  • Firms/Companies

Tips for a Successful Used Car Loan Application

  • Review the eligibility criteria
  • Check your credit score
  • Submit all the necessary documents
  • Arrange the down payment
  • Fill the application form correctly
  • Reduce your existing debts

Poonawalla Fincorp Branch Address in Pune

Poonawalla Fincorp Limited
Address: A201 & 202, 2nd floor, AP-81, Koregaon Park Annex, Mundhwa Road, Near Raga Lawns, Mundhwa, Pune - 411036
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. Can I opt for a loan to buy a used car in Pune?

Yes. Poonawalla Fincorp offers a used car loan of up to ₹75 Lakh at attractive interest rates. Benefit from up to 100% car valuation, online application, minimal paperwork, flexible repayment tenure, and no hidden charges.

2. What is the CIBIL score you must maintain for a used car loan in Pune?

You must maintain a CIBIL score of 750 and above for a hassle-free application process. It allows you to get a quick loan approval with favourable loan terms.

3. Which cars are included under the second-hand car loan in India?

With a second-hand car loan from Poonawalla Fincorp, you can purchase SUVs, premium cars, hatchbacks, sedans, etc., of up to ₹75 Lakh.