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New cars on EMIs

For many, owning a car represents a cherished dream, embodying notions of independence, freedom, and mobility. Beyond mere transportation, cars provide indispensable utilities that enhance modern living. One of the primary draws of new car ownership is its convenience: with a personal vehicle, individuals can travel effortlessly, free from the constraints of public transportation schedules and routes. Cars also serve as essential tools for daily activities, facilitating commutes to work, transporting goods, running errands, and accessing vital services. In India, a burgeoning automotive industry features popular brands such as Maruti Suzuki, Tata Motors, Mahindra & Mahindra, and Hyundai, catering to diverse consumer preferences and needs. Check out a range of new cars on Bajaj Mall and book your desired vehicle using our new car loan. Benefit from our flexible repayment tenures and purchase your new car on easy EMIs.


Sedan cars on EMIs

Sedan cars are renowned for their exceptional comfort, making them a preferred choice for drivers seeking a smooth and relaxed ride. With spacious interiors that accommodate passengers comfortably, sedans often feature plush seating and ample legroom, ensuring a pleasant journey even on long drives. Whether commuting daily or embarking on road trips, sedan cars consistently deliver a blend of luxury and comfort that appeals to a diverse array of drivers. You can visit Bajaj Mall and check out a wide range of sedan cars offered by Maruti Suzuki, Hyundai, Honda and more. Once you find your desired car, you can finance it using our new car loans and spread the cost of your purchase into small monthly instalments. Benefit from our flexible repayment plans and bring home your desired sedan car with ease.


Electric cars on EMIs

Electric cars represent a significant evolution in automotive technology, offering numerous benefits that appeal to today's environmentally conscious consumers. Unlike traditional internal combustion engine vehicles, electric vehicles (EVs) are powered by electric motors and rechargeable batteries, producing zero tailpipe emissions. This makes them a cleaner alternative, contributing to reduced air pollution and lower greenhouse gas emissions. You can check out a range of electric vehicles on Bajaj Mall and book your desired electric car using our new car loans and spread the cost of your purchase into small monthly instalments.

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Frequently asked questions

Can I get a new car on EMIs?

You can purchase a new car on equated monthly instalments (EMIs). With the help of car you, you can spread the cost of your car into small monthly instalments and repay it over a fixed period of time. You can check out a collection of new cars on Bajaj Mall. Once you find your desired car, you can book it online using our financing solution.
 

What would be the EMI amount for a Rs. 5 lakh car?

The EMI amount for a Rs. 5 lakh car would depend on factors such as the interest rate and tenure of the loan. It's important to check with banks or financial institutions for exact calculations based on current interest rates and loan terms before making a decision. You can use our online new car loan EMI calculator to evaluate your monthly instalments in advance.

How much down payment do I need to pay to purchase a Rs. 10 lakh car?

The down payment required to purchase a Rs. 10 lakh car typically varies depending on the lender's policies and your financial profile. However, if your down payment amount is higher, your loan amount will get reduced and therefore, you have to pay lower EMIs.

How is the interest rate determined for a car loan?

Car loan interest rates are influenced by several key factors. These include your credit score, the duration of the loan, the amount borrowed, and current market rates. Typically, individuals with higher credit scores and shorter loan terms qualify for lower interest rates. This makes them more attractive borrowers to lenders, resulting in potentially reduced overall loan costs.

What are the car loan repayment terms?

Our new car loan offers flexible repayment options extending up to 96 months. We provide two innovative variants: the Flexi Term Loan and Flexi Hybrid Loan, each designed to enhance your borrowing experience. With the Flexi Loan variants, you receive a pre-approved limit from which you can withdraw funds as needed. Interest is applied only on the withdrawn amount, not the entire limit. Additionally, the Flexi Hybrid Loan allows you to pay interest-only EMIs initially, offering greater financial flexibility. Moreover, you can make multiple part-prepayments without incurring any extra charges.

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Disclaimer

Bajaj Finance Limited has sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.