DEEP CLEANING
Get all your car's parts, like the fabric on your seats, dashboard, seat belts, A/C vents, boot area, and roof liner, deep cleaned. This will leave you with a germ-free and spanking new cabin that you and your fellow passengers will appreciate.
POLISHING
Scorching heat and prolonged exposure to sunlight can affect the interior of your car as well. Routine polishing can help retain the shine and lustre of your car’s interior. Give your car's surface a new look by giving it a clear, sparkling clean polish.
UPHOLSTERY
Make your ride fancier by aesthetically upgrading the seats and modernising the interior. The actual price depends on the material used – fabric, Rexine, leatherette, or real leather. The cost of these upgrades can be quite high. Cover it with our car loan balance transfer and top-up.
3 unique variants of our car loan balance transfer and top-up
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Flexi Term Loan
Let us say you have a Rs. 20 lakh loan with a 24-month repayment period. You made timely EMI payments for the first year. By this time, you must have repaid approximately Rs. 10 lakh plus interest.
Now, you need an extra Rs. 5 lakh. All you have to do is withdraw the amount from your Flexi Term Loan account.
Let us say you decided to pay off a certain amount of your debt after four more months, around Rs. 10 lakh. You can simply prepay in your Flexi Term Loan account.
Interest is adjusted throughout, and you pay interest only on the remaining principal. Both the principal and the adjusted interest are included in your EMI.
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Flexi Hybrid Loan
This variant works just like the Flexi Term Loan. The only difference is that, for the initial period of the loan, your EMI will only consist of the applicable interest. For the subsequent period, the EMI will consist of both, the interest and principal components.
Click here for a detailed description of how our Flexi Hybrid Loan works.
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Term Loan
This is like a regular top-up loan. You borrow a certain amount of money, which is divided into equated monthly instalments that consist of both, principal and the applicable interest.
Features and benefits of our car loan balance transfer and top-up
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Benefits of Car Loan Balance Transfer and Top-up
Watch this video for a quick view of the key features of Bajaj Finserv Car Loan Balance Transfer and Top-up
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3 unique variants
Choose the type of loan that fits your needs – Flexi Term, Flexi Hybrid, or Term.
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Loan of up to Rs. 47 lakh
Transfer the 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.
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Flexible tenures
Repay your loan easily with convenient repayment options ranging up to 72 months.
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No part-prepayment charge on Flexi Loans
Pay back a portion of your loan ahead of schedule at no extra cost with our Flexi facility. You can part-prepay as many times as you want.
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Immediate processing
In most cases, you will get the car loan balance transfer and top-up amount credited to your account within 48 hours of approval.
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Premium services
Get additional services such as car insurance, life insurance, financial fitness report, and GPS tracker at a very nominal cost.
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No hidden charges
All fees and charges are mentioned upfront on this page and in the loan document. We advise you to read these in detail.
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Doorstep assistance
Get doorstep support by submitting your documents to our representative without stepping out of your home.
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*Terms and conditions apply.
Still haven’t found what you’re looking for? Click on any of the links at the top of this page.
Car loan balance transfer and top-up application process
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Frequently asked questions
Car loan balance transfer and top-up is a facility where you can transfer your existing car loan to Bajaj Finance and can also get some extra funds as a top-up based on your car’s valuation.
You do not need a guarantor to avail of a car loan balance transfer and top-up. However, if your income does not meet our credit criteria, then you may require a guarantor to get a loan.
With Bajaj Finserv Car Loan Balance Transfer and Top-up, you can repay the loan over tenures ranging up to 72 months.
This facility is available only to transfer an existing loan to Bajaj Finance and get a top-up amount.
With a car loan balance transfer and top-up, you can fund any private vehicle of your choice.
However, funding is not provided for:
- Yellow plate or commercial vehicles
- Vehicles owned by more than 3 previous customers
- Vehicles with an age of more than 10 years on loan completion
Your CIBIL score plays a vital role in getting a car loan balance transfer and top-up. CIBIL Score must be 720 or above to be eligible for this facility.
To make your loan application procedure simple and seamless, we perform vehicle valuation and verification as a part of the loan application process.
When you opt for a car loan balance transfer and top-up from Bajaj Finance, you get up to Rs. 47 lakh as a top-up loan. You can utilise these funds to give your car a new appealing interior.
Bajaj Finserv Car Loan Balance Transfer and Top-up come with simple eligibility criteria and minimal paperwork. When you choose our car loan balance transfer, you get a top-up of up to Rs. 47 lakh to manage your interior expenses.
When you choose a car loan balance transfer and top-up from Bajaj Finance, you get the top-up loan amount within 48 hours * of approval.
Transferring your car loan depends on your eligibility and the lender’s terms and conditions. If you want to retransfer your car loan, the new lender will evaluate your creditworthiness before initiating the transfer. However, it is not advisable to retransfer your loan because you may have to pay additional processing and foreclosure charges.
