An EMI stands for Equated Monthly Instalments which consist of both the principal and interest components of the loan amount you need to repay your lender. EMI gives you the ease and benefit of paying back the loan amount in smaller convenient instalments that can be spread conveniently over a period as per your convenience.
You can get avail a Used Car Finance from Bajaj Finserv up to 90% of the car valuation. Usually, this goes up to Rs.20 lakh, depending on your eligibility.
All your information is secure with us. Our online application process is a completely secured application system, using state of the art security systems.
As our esteemed customer you are entitled to a host of benefits through the Bajaj EMI Network. Contact our sales representative for preapproved offers and other benefits.
Following are the charges: 4% + applicable taxes on principal outstanding / amount being prepaid.
Part prepayment and foreclosure are allowed only after you complete paying your 1st 6 EMIs.
Verification or valuation will be required for the vehicle. To make your loan experience hassle-free, Bajaj Finserv does the valuation and verification done for your vehicles as a part of the loan application process itself.
With a Used Car Loan from Bajaj Finserv, you can fund any private vehicle of your choice.
There is no funding provided for:
- Yellow plate or commercial Vehicles
- Vehicles owned by more than 3 previous customers
- Vehicles with a age of more than 10 years on loan completion
To obtain a duplicate NOC, please visit our nearest branch and submit application for duplicate NOC along with the original RC copy and a photo identity (if there’s any additional document needed, you will be informed)
In case of loan cancellation, the interest charges would be borne by the customer from the date of disbursement till the date of the cancellation. Processing fee, stamp duty, documentation charges and RTO charges are non-refundable charges that cannot be waived/ refunded in case of loan cancellation.
