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All about our used car loans
Used car loans offer a practical pathway to owning a reliable vehicle affordably. Whether you are looking to upgrade your current vehicle or stepping into car ownership for the first time, these loans provide access to quality vehicles without financial strain. Bajaj Finance offers high-value used car loans of up to Rs. 1.02 crore that allow you to bring home your desired car with ease.
Features and benefits of used car loans
Bajaj Finance offers used car loans that come with a host of benefits such as:
- High-value loan: Get funds ranging up to Rs. 1.02 crore to bring your dream car home.
- Quick disbursal: Get the used car loan amount credited to your account within 48 hours* of approval
- Flexible tenures: Repay your second-hand car loan easily with convenient repayment options ranging from 12 months to 84 months.
- Doorstep assistance: Get doorstep support to complete your loan application process – from collecting documents to transferring your registration certificate.
Frequently asked questions
A used car loan from Bajaj Finance allows you to finance your desired pre-owned vehicle purchase. You can borrow up to Rs. 1.02 crore, with repayment options available over 12 months to 84 months
You can choose a used car loan from Bajaj Finance to obtain a high-value loan to fund your pre-owned car purchase. This loan comes with simple eligibility criteria and minimal paperwork.
When applying for a used car loan, the amount you qualify for depends on your eligibility and the value of the vehicle. Bajaj Finance provides asset-based funding up to 115% of the car's value.
Salaried individuals must have a minimum monthly income of Rs. 20,000 to qualify for a used car loan. Additionally, they need to provide salary slips and bank account statements as part of the application process.
Your eligibility for a used car loan is influenced by various factors such as your credit score, income, employment status, and other considerations. Bajaj Finance provides used car loans with straightforward eligibility requirements and minimal documentation.
Disclaimer
Bajaj Finance Limited has sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.