In the bustling city of Gurgaon, where every minute counts, having a reliable mode of transportation is paramount. Cars have become indispensable for commuting, whether it is for work, dropping kids at school, or running errands. However, buying a brand-new car is difficult as it comes with a hefty price tag. This is where used cars come to the rescue as they are cheaper alternatives. Though used cars are cost-effective but still require a huge sum of money in one go. In such a case used car loans can come in handy as it provides quick access to funds.
In Gurgaon, availing of a used car loan is a straightforward process that allows you to bring home your desired car without straining your finances. Financial institutions in the city offer used car loans with competitive interest rates and a hassle-free application process.
Bajaj Finance, one of the leading NBFCs offers used car loans that come with simple eligibility criteria and minimal documents. Features such as an easy online application process and quick disbursal make your borrowing experience hassle-free. Read on to know more about the features and benefits of Bajaj Finserv Used Car Loan.
Features and benefits of used car loans in Gurgaon
- Quick disbursal
Choose Bajaj Finserv Used Car Loan and get the money that you need within 48 hours* of approval. - Loan up to Rs. 1.02 crore
Get up to Rs. 1.02 crore and bring home your desired car without any hassles. - Flexible tenures
Repayment is easy with our flexible tenure options. You can spread the cost of your car over a repayment period of up to 84 months. - Doorstep assistance
Submitting your documents is simple with our doorstep assistance facility. You can submit your documents to our representative from the comfort of your home. - Flexi Loan variants
With our Flexi Loan variants, you can withdraw multiple times from your approved limit and part-prepay it at no extra cost.
Eligibility criteria and required documents for a used car loan in Gurgaon
Availing of Bajaj Finserv Used Car Loan is hassle-free. You can easily meet our simple used car loan eligibility criteria and submit just a few documents to get a high-value used car loan from us. Fulfil these basic parameters.
Nationality: Indian
Age: 18 to 80*
CIBIL Score: 700 or higher
For salaried: Individuals should have at least 1 year of experience and a minimum monthly salary of Rs. Rs. 20,000.
For self-employed: Applicant must submit an ITR proof of the last 2 years.
*Higher age limit is applicable at the time of loan maturity.
Once you meet the above-mentioned criteria, all you have to do is submit the required documents – PAN card, KYC documents, bank statement, salary slips and more.
Used car loan interest rates in Gurgaon
Interest rates for used car loans in Gurgaon may vary among lenders. With Bajaj Finserv Used Car Loans, you can get funds at competitive interest rates. Visit our used car loan fees and charges page to know more about the used car loan interest rates in Gurgaon. In order to plan your finances better, you can also use our online used car loan EMI calculator. This online tool will help you to evaluate your EMI amount beforehand in just a few clicks.
How to apply for a used car loan in Gurgaon
Applying for used car finance in Gurgaon is easy and hassle-free. Follow these simple steps for a hassle-free online application.
- Visit our used car loan page and click on the 'APPLY' button.
- Enter your mobile number and complete the verification with an OTP.
- Fill in the form with your personal details, including full name, mobile number and other relevant information.
- Input the details of your car if you have already selected.
- Confirm or edit your KYC details and proceed to schedule an appointment for additional verification.
Our dedicated representative will connect with you to guide you on further steps. Bajaj Finance offers second-hand finance in Gurgaon at competitive interest rates. Click on the below link to learn more about our used car loans
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