How to apply for new car finance
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Frequently asked questions
To start the application process for new car finance, click on ‘APPLY NOW’ on this page.
Fill in the application form with a few basic details such as your name, date of birth, PAN, and the details of the finalised car brand and dealer.
Follow the instructions provided and wait for our representative to reach out to you.
While the application process for a new car loan from Bajaj Finance is easy, the approval process is fast and hassle-free.
Meet the simple eligibility parameters and make sure you have a CIBIL Score in excess of 700. Keep your basic KYC documents handy and complete the application online.
It's really that simple!
Check out the eligibility criteria for used car finance
You only require a few simple documents to get a new car loan from Bajaj Finance.
These include:
- KYC documents - Aadhaar/ PAN Card/ Voter’s ID/ Passport
- Employee ID Card
- Salary slips for the last 3 months
- Bank account statements for the previous 3 months
Depending on your profile, you may be asked to submit a few additional documents. This may be communicated to you over the course of the application process.
While your eligibility for a new car loan may vary, you can expect an amount ranging from Rs. 1 lakh to Rs. 10 crore. You can choose from various car types, including hatchbacks, sedans, MUVs, SUVs, and premium cars and finance it using our new car finance.
Yes, you can apply for new car finance even if you already have one or more ongoing loans. However, remember that Bajaj Finance will evaluate your credit profile, your current CIBIL Score, and your debt-to-income ratio before approving your loan application.
To have a higher possibility of approval, make sure you repay your ongoing loans, maintain a healthy credit score, and manage your money well.
Check your CIBIL Score for free
