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How to Apply For a Personal Loan For Used Cars Online

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How to Apply For a Personal Loan For Used Cars Online

  • Highlights

  • Personal loans can help you finance your second-hand car

  • Applying for a personal loan is quick, easy and hassle-free

  • Share your details and get instant approval on your loan

  • Bajaj Finserv offers loans for used cars up to Rs.25 lakh

Having your own set of wheels not only provides immense convenience but is also considered a status symbol in society. And, if you are a driving enthusiast, going for long drives is also a rejuvenating experience.

Customers are spoilt for choice with an array of cars to choose from various auto manufacturers, be it a sedan, hatchback, SUV or MPV. It is no surprise then, that people keep selling and buying cars more frequently.

The outcome of this is the availability of quality used cars in the second-hand market. Individuals who are looking to buy their first car at a more affordable price have never had the going so good for them. High quality and feature-loaded cars are available at almost half their original sticker price.

However, purchasing a car is not a small investment, and some people might not have the entire amount at a given time. Consider Bajaj Finserv Personal Loan for Used Cars to help you achieve your dream in the most efficient and hassle-free way. Here’s how you can apply for this loan.

Fill in your basic details

Availing a personal loan from Bajaj Finserv is extremely convenient and can be done from the comfort of your home. All you need to do to apply for a personal loan is enter a few details online. The first step in this process is to fill in the personal, financial and employment details. Additionally, you can also check your pre-approved loan offers and save time.

State your requirement

The next step is to mention your required amount and the tenor that you’re comfortable repaying the amount in. You can apply for a loan up to Rs.25 lakh at attractive rates of interest. The tenor can range from 24 to 60 months. The repayment of the amount is made even more convenient with the Flexi Loan facility that allows you to pay only the interest as EMI, with the principal amount being payable at the end of the tenor.

Submit your basic documents

Bajaj Finserv has a minimal documentation process. The documents needed to be submitted include the following:


Disbursal in just 24 hours

Once the loan has been approved, the disbursal of the amount takes place within 24 hours. You can also check the status of the loan application by calling our customer care number on 1800-103-3535, and enter the unique reference number that is sent on your email or phone.

These are all the steps you need to keep in mind in order to secure a personal loan from Bajaj Finserv. So, what are you waiting for? Apply for a loan and get that car you’ve always wanted.

Start by checking your eligibility by clicking on the link here.

Apply for Personal Loan

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