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
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Loans up to Rs. 20 lakhs
Avail a Loan Against Car and get up to Rs. 20 lakh that can be repaid within a tenor of 12 to 60 months.
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Money in bank in 24 hours
Bajaj Finserv disburses your Loan Against Car in just 24 hours.
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Hassle-free loan application process
Minimal documentation and easy-to-meet eligibility criteria makes it convenient for you avail the loan.
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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.
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Online account management
Track your loan-related information anytime, anywhere with our customer portal- Experia.
Eligibility
- Individuals who are a minimum of 21 years of age at the time of applying for the loan, and not older than 60 at the end of the loan tenure.
- Individuals who have had a job for minimum 1 year and earning a minimum of Rs. 25,000 per month.
- The vehicle should have a minimum repayment track record of 11 months.
Self Employed Individuals:
- This includes self-employed sole proprietors with a minimum age of 25 years at the time of applying for the loan, and no older than 60 at the end of the loan tenor.
- Individual ITR of minimum Rs 2,50,000 and 2 years of ITR required.
- The vehicle should have a minimum repayment track record of 11 months.
Documents Needed
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KYC
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Passport Size Photo
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Bank Statement
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Financials – Salary Slips or ITR
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