Frequently Asked Questions

What is BT TOP up?

Balance Transfer – Top Up – transfer your car loan to Bajaj Finance and get extra funds based on your car valuation.

What is the process of collection of documents?

Our executive will get in touch with you to complete the documentation at your convenience.

What are the cities wherein this product is available?

Pune, Mumbai, Ahmedabad, Delhi, Chennai, Bangalore, Hyderabad and Jaipur.
We are expanding rapidly, please check back for new locations shortly

Are there any foreclosure and part prepayment charges?

4% + applicable taxes on the principal outstanding / amount being prepaid.
Allowed only after completion of 6 months tenure.

What are the tenor options available?

You can choose a tenor ranging from 12 to 60 months depending on your preference and the loan sanctioning conditions.

On what criteria will the loan be sanctioned to me?

All loans are sanctioned on the basis of internal policies of Bajaj Finserv Ltd.

Do I need a guarantor/co-applicant for Pre-owned Car Loans?

No, but if your income does not meet our credit criteria, then you may be required to have a guarantor/co-applicant to stand surety for your loan.

Can I see my loan summary and future instalments online?

Yes. Login to the Experia portal with your credentials to view all your loan details.

Can I get funding for new cars?

No. As of now, we are only offering loans on pre-owned cars.

Does this require Car Verification or Valuation?

Verification / Valuation will be required of vehicles. Bajaj Finserv will arrange to have the valuation and verification done for your vehicles as a part of the loan application process itself.

Which cars can be financed for Balance Transfer Top-Up loan?

We offer funding for all private passing vehicles be it hatchback or sedan. To know more, give us a call or visit your nearest branch.
Please Note: We do not fund Yellow Plate or Commercial Vehicles.

Subscribe to our Newsletter

People Also Considered

Health Insurance

Protection against expenses arising due to medical emergencies


Pocket Insurance

Secure yourself and your valuables against everyday risks


Car Insurance

Get comprehensive risk coverage for your car


Two Wheeler Insurance

Comprehensive insurance for your two-wheeler