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Loan Against Car

Up to Rs. 77 lakh | Tenure of up to 84 months

Bajaj Finance offers a high-value loan against car of up to Rs. 77 lakh with simple eligibility criteria and minimal documents. A loan against a car offers a practical solution for immediate financial needs without parting with your vehicle. This secured loan allows individuals to use their car as collateral, unlocking the equity within. With minimal paperwork and quick approval processes, it provides swift access to funds, making it an ideal option for emergencies or planned expenses.

With features such as quick disbursal, flexible repayment tenure and an easy online process, Bajaj Finserv Loan Against Car makes borrowing easy.

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Frequently asked questions

What is a loan against car?

Bajaj Finserv Loan Against Car is a secured loan that allows to get funds against your car. Get up to Rs. 77 lakh and repay it easily over a loan repayment tenure of up to 84 months.

Who can avail of a loan against car?

Both salaried and self-employed individuals can avail of a loan against car if they own a car, meets the minimum eligibility criteria, and submits the required documents.

What are the eligibility criteria for getting loan against car?

The eligibility criteria are as follows:

Nationality: Indian

Age: 18 to 80 years*

Employment:

For Salaried: Individuals should have at least 1 year of experience and a minimum monthly salary of Rs. 20,000.

For Self-Employed: Applicant must submit an ITR filed for the last 2 years.

*Age should be 80 or less at the end of the loan tenure.

What is the salary required to be eligible for loan against car?

Individuals should have at least a minimum monthly salary of Rs. 20,000 to apply for our loan against car.

How does a loan against a car work?

A loan against car works like any other secured loan. You need to fulfil the required eligibility criteria, fill out application form and submit a handful of documents. Based on the valuation of your car, a loan amount will be offered to you. You can either choose to go ahead with the same amount or choose a lower amount as per your need. With Bajaj Finserv Loan Against Car, you can get up to Rs. 77 lakh for your financial needs.

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Understanding our loan against car

A loan against a car is a savvy financial move, allowing you to leverage your vehicle's value without parting ways with it. This secured loan option empowers individuals to use their car as collateral, unlocking immediate financial support. With Bajaj Finserv Loan Against Car, you can get up to Rs. 77 lakh and manage your expenses with ease.

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