Surat, the diamond city of Gujarat, is a metropolis steeped in history and commerce. Renowned for its textile industry, Surat is a blend of culture, business, and opportunity. Its rich heritage, coupled with modern infrastructure, makes it a prime location for individuals seeking to invest in pre-owned vehicles.
Acquiring a used car loan in Surat is a hassle-free process, allowing residents to realise their dream of owning a car. These loans offer financial flexibility, allowing individuals to purchase quality used cars without straining their budget.
Bajaj Finance offers used car loans in Surat with a host of different features.
You can check our online used car loan EMI calculator to evaluate your monthly instalments in advance. This tool helps you in planning your finances better.
Features and benefits of used car loans in Surat
- Significant finance: You can obtain funds up to 115% of your car's worth at reasonable interest rates with our asset-based financing.
- Huge loan amount: Receive up to Rs. 1.02 crore to purchase a used car without having to worry about your budget.
- Quick disbursal: Get funds in just 48 hours* after loan approval, allowing you to purchase the car of your choice.
- Flexible payback schedule: Spread the cost of your used car over a convenient time frame of up to 84 months.
- Flexi variants: Our Flexi Loan offers numerous fund withdrawals and part-prepayment options, at no extra cost.
Eligibility criteria for used car loans in Surat
Applicants typically need to fulfil the following criteria to be eligible for a Bajaj Finserv Used Car Loan in Surat:
- Nationality: Indian
- Age: 18 to 80 years*
- CIBIL Score: 700 or higher
- Employment:
For salaried: Individuals should have at least
1 year of experience and a minimum monthly salary of 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
Interest rates and charges of used car loans in Surat
You can get a Bajaj Finserv Used Car Loan at competitive interest rates. We clearly state our fees and charges on both our loan documents and our website. Know all about our used car loan fees and charges before applying for a Bajaj Finserv Used Car Loan.
How to apply for a used car loan in Surat
Applying for a Bajaj Finserv Used Car Loan is an easy process.
- Visit the used car loan page and click 'APPLY'.
- Enter your mobile number and the OTP sent to it.
- Enter your personal information and click on 'PROCEED'.
- Enter the details of your car such as the make, model, variant, and colour.
- Then, check or update your KYC information and schedule an appointment for additional verification.
- Our representative will call you to take you through the next steps.
Our straightforward eligibility requirements and minimal documentation for a used car loan make it simple to obtain a pre-owned car loan in Surat.
