Frequently asked questions
Our car loan balance transfer and top-up comes with many features and benefits that include:
- 3 unique variants
- Loan amount of up to Rs. 47 lakh
- Tenure of up to 72 months
- Minimal documentation
- Quick disbursal
- No hidden charges
Flexi Hybrid Loan is a unique variant of our loan. Your loan tenure is divided into two parts – the initial tenure and the subsequent tenure.
During the initial tenure, your EMIs consist only of the applicable interest. Whereas during the subsequent tenure, your EMIs consist of both, the principal and the interest components.
Use our car loan balance transfer and top-up EMI calculator to know your monthly instalments.
You can access and manage your loan account through our customer portal, My Account. You can download both the electronic statements and the certificates for free.
With Bajaj Finserv Car Loan Balance Transfer and Top-up, you have the option to transfer the outstanding balance of your existing car loan and get a high-value top-up of up to 180% of the car's value with a limit of up to Rs. 47 lakh. This includes all of our fees and charges. We recommend that you check our fees and charges before applying.
Car loan balance transfers and top-ups can be advantageous if used wisely. A balance transfer with a lower interest rate can save money, while a top-up loan provides extra funds. However, they require careful consideration of terms and charges levied by the chosen lender. We advise you to assess your financial situation before making a decision.
You can apply for Bajaj Finserv Car Loan Balance Transfer and Top-up by following these simple steps:
- Head over to the car loan balance transfer page and click on the 'APPLY' button.
- Fill in your asset details.
- Fill in the application form with your personal information.
- Submit your loan against car application.
Transferring your existing car loan to a new lender has the following benefits:
- Reduced interest rates
- Improved loan features
- Lower costs related to your loan
- Better repayment terms