Delhi, the bustling heart of India, is a city that moves at its own vibrant pace. For residents, traversing the city's dynamic landscape requires a reliable set of wheels. Enter the world of car loans in Delhi – a financial vehicle that not only propels you into the driver's seat but also offers a smoother journey towards car ownership.
Bajaj Finance, one of the leading NBFCs, makes car ownership easy by offering tailored financing solutions. With two unique products – used car loans and new car loans, Bajaj Finance provides quick access to funds that help you bring home your dream car.
As the name suggests, used car loans provide you with funds to finance the purchase of your pre-owned vehicle, while new car loans give you easy access to funds for a brand-new car purchase. Our car loans come with simple eligibility criteria and minimal documents. Read on to learn more about the features and benefits of our car loans and how to apply for them.
Features and benefits of our car loans
Both our car loans come with a host of attractive features. These include high-value loans, minimal documents, flexible repayment tenure and more. Here is the list of features of our car loans.
- With our new car loans, you can get up to Rs. 10 crore while our used car loans provide you with quick access to loans of up to Rs. 1.02 crore.
- Our car loans come with flexible repayment tenure options. If you opt for a new car loan, you can choose a repayment tenure of up to 96 months. However, our used car loans come with a repayment tenure of up to 84 months.
- Our quick approval facility ensures that you receive funds without any hassles and bring home your desired vehicle without any delay.
- Both our car loans come in 3 unique variants – Term Loan, Flexi Term Loan and Flexi Hybrid Loan. Our Flexi variants provide you with additional facilities like multiple withdrawals and part-prepayment at no extra cost. Our Flexi Hybrid variant lets you pay interest-only EMIs for the initial part of the tenure.
Documents required for car loans
Both our car loans – used car loan and new car finance require only a handful of documents. These include KYC documents, a PAN card, salary slips, bank account statements and more. If you are applying for a used car loan, you also need to submit your vehicle registration certificate and insurance copy.
How to apply for car loans
Our car loans come with a hassle-free online application process. You can visit our used car loan page or new car loan page and open the application form by clicking on the ‘Apply’ button. You will be asked to share your basic information, car details and more. Once you fill in the required information, you can proceed to submit the form. Once your form is submitted, our representative will reach out to you to guide you on further steps.
Our used car loans come with an additional feature of a doorstep document collection facility that allows you to submit your documents from the comfort of your home.
Our car loans make financing easy and hassle-free for you. Our easy application process, quick approval, and flexible repayment tenures make borrowing convenient for you. Choose our car loans and bring home the car of your choice with ease.
