Kochi, the vibrant coastal city in Kerala, is a melting pot of cultures and a testament to the state's historical significance. Known for its serene backwaters, colonial architecture, and diverse culinary scene, Kochi beautifully blends tradition with modernity. For those looking to own a vehicle, securing a used car loan in Kochi offers an affordable solution, making car ownership more accessible in this bustling city.
Used car loan in Kochi
In the bustling lanes of Kochi, the demand for personal transportation is met with the convenience of used car loans. These financial tools offer residents a practical means of acquiring reliable vehicles without the financial strain associated with purchasing brand-new cars.
If you are looking to finance your second-hand car purchase, you can choose used car loans offered by Bajaj Finance. Our quick disbursal facility and easy online application process, make borrowing hassle-free. Bajaj Finance offers used car loans with a host of attractive features.
Features and benefits of used car loan in Kochi
- High-value finance
Get asset-based financing of up to 115% of the car’s value at competitive interest rates. - Quick disbursal facility
Receive the money that you need within 48 hours* of approval and bring home your dream car without any delay. - Loan up to Rs. 1.02 crore
Easily purchase a car of your choice with a high-value loan of up to Rs. 1.02 crore. - Flexible tenures
Choose a long repayment period of up to 84 months and repay your loan easily into manageable EMIs. - Doorstep assistance
Skip branch visits. Use our doorstep assistance facility and submit your documents to our representative from the comfort of your home. - Flexi Loan variants
Choose Flexi Loan variants for additional facilities. Withdraw multiple times as per your need and part-prepay when you can at no extra cost.
Eligibility criteria for a used car loan in Kochi
Applying for a used car loan in Kochi through Bajaj Finance is hassle-free, thanks to straightforward eligibility criteria and minimal document requirements. Follow these easy-to-meet eligibility criteria to qualify for our used car loan.
- 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.
Additional read: How to calculate your used car loan eligibility
Used car loan interest rates in Kochi
Used car loan interest rates in Kochi may differ among various lenders. Bajaj Finance provides used car loans with competitive interest rates. For detailed information on interest rates in Kochi, you can refer to our fees and charges page.
How to apply for used car loan in Kochi
Securing a used car loan in Kochi with Bajaj Finance is a seamless and hassle-free experience through our online application process. Follow these simple steps for a smooth application:
- Visit the dedicated used car loan page and click on the 'APPLY' button.
- Enter your 10-digit mobile number and verify it with the received OTP.
- Fill in your personal details, including your full name, mobile number, email ID, and other required information.
- If you have already chosen a car, provide its details during the application.
- Confirm or update your KYC details and proceed to schedule an appointment for additional verification.
Our dedicated representative will then get in touch with you to guide you through the remaining steps, ensuring efficiency and ease in the process. Bajaj Finserv Used Car Loans in Kochi not only provide competitive interest rates but also offer a plethora of features, making vehicle ownership affordable and convenient. Experience a hassle-free borrowing journey with our straightforward application process.
