Loan Against Car

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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 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.
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 makes it convenient for you avail the loan.
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 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.