Features and benefits of our new car loan

Read on to know why our new car loan is the best choice for you.

Features and benefits of our new car loan

All you need to know about our new car loan 00:32

All you need to know about our new car loan

Watch this video to learn everything about the features of our new car loan.

  • 3 unique variants

    3 unique variants

    We offer three loan variants – Term Loan, Flexi Hybrid Loan, and Flexi Term Loan. Choose what suits you best.

  •  Loan of up to Rs. 10 crore

    Loan of up to Rs. 10 crore

    Get financing up to Rs. 10 crore to purchase your dream car.

  • High-value finance

    High-value finance

    Get asset-based financing at competitive interest rates for up to  100% of the car's value.

  • Flexible tenures

    Flexible tenures

    Repay your loan easily with flexible options ranging from 12 months to 96 months. You can use our online new car loan EMI calculator to find out your monthly instalments in advance.

  • Pre-approved offers

    Pre-approved offers

    You may already have a pre-approved offer. All you need is your mobile number and OTP to check your offer.

  • No hidden charges

    No hidden charges

    The charges applicable on our loan are clearly mentioned in our loan documents. There are no hidden fees or charges.

  • For new passenger cars and taxis

    For new passenger cars and taxis

    New car finance is available for funding purchase of new passenger cars, new taxis, and taxi permit cars.

  • Multiple vehicle segments

    Multiple vehicle segments

    You can get financing for several types of new vehicles including hatchbacks, sedans, cross-overs, multi-utility vehicles (MUVs), sports-utility vehicles (SUVs), and more.

  • New car finance is an unsecured loan that lets you borrow money and repay them through small instalments.

    With a new car loan from Bajaj Finance, enjoy the ease of applying online with minimal paperwork and simple eligibility criteria, and receive quick approval for amounts up to Rs. 10 crore. You also have the flexibility of choosing a repayment tenure that suits you, ranging from 12 months to 96 months.

    Get started by checking your pre-approved offer for new car finance. Enter your 10-digit mobile number and verify your OTP to begin.

    *Terms and conditions apply.

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Step-by-step guide to applying for new car loan

1. Click on the 'APPLY NOW' button on this page to begin.
2. Enter your 10-digit mobile number and submit the OTP for verification.
3. Fill in the application form with details such as your PAN, date of birth, PIN code, and more.
4. Select the name of your finalised car brand and dealer.
5. Verify your KYC details to proceed.
6. Submit your banking details to complete your application.

Our representative will contact you regarding the next steps.