Used Car Loan features

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

Features and benefits of our used car loan

Features and benefits of our used car loan 00:39

All you need to know about our used car loan

Watch this video to know everything about the features of our used car loan.

  • 3 unique variants

    3 unique variants

    We offer 3 unique variants for our used car loan – Term Loan, Flexi Term Loan and Flexi Hybrid Loan. Choose the one that works best for you.

  • High-value finance

    High-value finance

    Get asset-based finance of up to 115% of the car’s value at a competitive interest rate with our used car loan.

  • Loan of up to

    Loan of up to Rs. 77 lakh

    Get funds ranging up to Rs. 77 lakh to bring your dream car home.

  • Flexible tenures

    Flexible tenures

    Repay your second-hand car loan easily with convenient repayment options ranging from 12 months to 72 months.

  • Money in your bank account in

    Money in your bank account in 48 hours*

    Get the used car loan amount credited to your account within 48 hours* of approval.

  • Doorstep assistance

    Doorstep assistance

    Get doorstep support to complete your loan application process – from collecting documents to transferring your registration certificate.

  • Pre-approved offers

    Pre-approved offers

    Check your pre-approved offer on a used car loan by simply entering your mobile number and OTP and get funds instantly.

  • No hidden charges

    No hidden charges

    Our fees and charges are clearly mentioned on our loan documents and on this page. Read them in detail before applying.

  • Bajaj Finserv Used Car Loan is a unique financial offering that comes with easy eligibility criteria, quick disbursal, and minimal documentation. Click here to know about the fees and charges for our used car loan.

    * Terms and conditions apply.

    Still haven’t found what you’re looking for? Click on any of the links at the top of this page.

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How to apply for used car loan

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Step-by-step guide to applying for a used car loan

  • Click on the 'APPLY' button on this page.
  • Enter your 10-digit mobile number and submit the OTP for verification.
  • Fill in your personal details including your full name, mobile number, email ID, and more.
  • Enter details of the car if you have identified the one.
  • Verify or update your KYC details and proceed to schedule an appointment for further verification.

Our representative will call you on the next steps. And the loan amount will be transferred to your bank account upon the verification of your submitted documents.

Frequently asked questions

Why should you choose a Bajaj Finserv Used Car Loan?

Our used car loan has many features and benefits including:

  1. Loan of up to Rs. 77 lakh
  2. Tenure of up to 72 months
  3. Flexi facility
  4. Quick approval
  5. Minimal documentation
  6. No hidden charges
What is Bajaj Finserv Used Car Loan?

Bajaj Finserv Used Car Loan is a loan that lets you buy the car of your dreams and pay for its costs in simple equated monthly instalments (EMIs). We offer up to Rs. 77 lakh, and you can pay it back over a period of 12 months to 72 months. Use our used car loan EMI calculator to calculate your monthly installments.

Where can I find the loan account statement for my loan?

The Bajaj Finance Limited customer portal, My Account, makes it simple to access used car finance statements online. This service allows you to access your loan account from any location, whenever you want. The electronic statements and certifications are available for free download as well.

What are the unique features and benefits of a used car loan offered by Bajaj Finance?

When you choose Bajaj Finserv Used Car Loan, you get a host of additional features like:

  • High-value loans: Get access to funds up to Rs. 77 lakh and purchase your dream car easily.
  • Quick disbursal facility: Fulfil the simple used car loan eligibility criteria and get the funds you need within 48 hours* of approval.
  • Flexi facility: Choose a loan variant as per your need from the list of three variants – Term Loan, Flexi Term Loan, and Flexi Hybrid Loan.
  • Flexible repayment tenure: You can repay your loan conveniently during a period of up to 72 months.
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