Apply for a Pre-owned Car Loan With Minimal Paperwork
Vadodara, known as Gujarat's cultural heartbeat, is famous for its architecture, several large-scale industries and classical music. Purchase your dream car in the city for a hassle-free commute with a Pre-owned Car Loan of up to ₹75 Lakh from Poonawalla Fincorp.
Benefit from our competitive interest rates, a loan of up to 100% of the car’s value, flexible EMIs and instant disbursal.
Why Choose Poonawalla Fincorp
Pre-owned Car Loan EMI Calculator
Make use of our online EMI calculator to know your monthly repayments. Simply enter the loan amount, interest rate and tenure to view the results instantly. Try 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 Vadodara
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 a Pre-owned Car Loan in Vadodara
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 the documentation in detail
Interest Rate and Charges for a Used Car Loan in Vadodara
Apply for a second-hand car loan with competitive interest rates and nominal 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
- SUVs
- Hatchbacks
- MUVs
- Minivans
- Sedans
- Electric vehicles
Who Can Get a Pre-owned Car Loan in Vadodara
- Self-employed Professionals
- Salaried Individuals
- Firms or Companies
Tips for a Successful Pre-owned Car Loan Application
- Fulfil the eligibility criteria
- Determine the loan amount based on your requirements
- Check your credit score
- Keep the required documents ready
- Avoid multiple loan applications
Poonawalla Fincorp’s Branch Address in Vadodara
Poonawalla Fincorp Limited
Address:701, 7th Floor, Samanvay silver, Munjmauda, Akota, Vadodara, Gujarat-390020
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
You can purchase any car, including MUVs, SUVs, crossover, electric car, etc. with our used car loan. Depending on your eligibility, you can get a loan amount ranging from ₹1 Lakh to ₹75 Lakh to cover the costs of your dream car.
If you fail to make timely EMI payments, you will incur a penalty interest of 24% p.a. + taxes on the EMI amount. Additionally, a bounce charge of ₹500 plus taxes will be levied, and your credit score will be negatively impacted. To avoid these consequences, ensure timely payments and maintain a healthy credit history.
The lowest possible EMI for our Pre-owned Car Loan starts from ₹1,903 for a loan amount of ₹1 Lakh, an interest rate of 11%* p.a. and a loan tenure of 72 months.