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Explore our range of products for automobiles. Check out our collection of used cars, compare and select the one that suits your requirements. You can use our financing solution – used car loan and fund your car purchase with ease.
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What is a used car loan?
A used car loan from Bajaj Finance allows you to finance your desired pre-owned vehicle purchase. You can borrow from Rs. 1 lakh to Rs. 2.50 crore, with repayment options available over 12 months to 84 months
How can I obtain financing for a pre-owned vehicle?
You can choose a used car loan from Bajaj Finance to obtain a high-value loan to fund your pre-owned car purchase. This loan comes with simple eligibility criteria and minimal paperwork.
What are the factors that affect used car loan eligibility?
Your eligibility for a used car loan is influenced by various factors such as your credit score, income, employment status, and other considerations. Bajaj Finance provides used car loans with straightforward eligibility requirements and minimal documentation.
Is it necessary to have a salary account to avail of a used car loan?
Salaried individuals must have a minimum monthly income of Rs. 20,000 to qualify for a used car loan. Additionally, they need to provide salary slips and bank account statements as part of the application process.
What are the documents required to avail of a used car loan?
If you are applying for a used car loan offered by Bajaj Finance, you will need to submit your PAN card, KYC documents, employee ID card, salary slips or income proof, bank account statement, and vehicle-related documents such as the Registration Certificate (RC) of the car. Additional documents may be required based on your employment type and credit profile.
Used car loans on EMIs
Used cars on EMIs
Drive home a reliable pre-owned car with easy and affordable EMI options. Enjoy flexible loan tenures, budget-friendly monthly payments, and competitive interest rates that make owning a used car convenient, economical, and stress free.
Factors to consider before choosing a used car EMI plan
Before selecting a used car EMI plan, consider important factors such as interest rate, loan tenure, vehicle age, down payment, processing charges, and your monthly repayment ability. Evaluating these details helps you choose an EMI plan that remains comfortable and financially manageable throughout the loan term.
Disclaimer
Bajaj Finance Limited has sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.