Overview

With a Loan Against Car, you can pledge your vehicle to fund various needs like higher-education, home renovation, working capital and more. Use your car to get up to 95% of your car’s value.
 

Features & Benefits

  • Loans up to Rs. 20 lakh

    Avail a Loan Against Car and get up to Rs. 20 lakh that can be repaid within a tenor of 12 to 60 months.

  • Money in bank in 24 hours

    Bajaj Finserv disburses your Loan Against Car in just 24 hours.

  • Hassle-free loan application process

    Minimal documentation and easy-to-meet eligibility criteria make it convenient for you avail the loan.

  • Pre-approved offers

    Instant approval

    Get your loan application approved on the same day. If you are a part of the Bajaj Finserv family, you enjoy pre-approved offers and instant approvals.
    Bajaj Finserv offers transparency so that you are fully-informed about the fees and charges on your loan.

  • Online account management

    Track your loan-related information anytime, anywhere with our customer portal- Experia.

Eligibility

Eligibility Salaried Individuals: Individuals who are a minimum of 21 years of age at the time of applying for the loan, and no older than 60 at the end of the loan tenure. Individuals who have had a job for minimum of 1 year and earning a minimum of Rs. 23,000 per month. The vehicle should have a minimum repayment track record of 9 months.

Self Employed Individuals: This includes self-employed sole proprietors who are a minimum of 25 years of age at the time of applying for the loan, and no older than 60 at the end of the loan tenure. Individual ITR of minimum Rs 2,00,000 and 2 years of ITR required. The vehicle should have a minimum repayment track record of 9 months.

Documents Required KYC Passport Size Photo Bank Statement Financials – Salary Slips or ITR

Documents Required

  • KYC

  • Passport Size Photo

  • Bank Statement

  • Financials – Salary Slips or ITR

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