Features and benefits of our used car loan
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All you need to know about our used car loan
Watch this video to know everything about the features of our used car loan.
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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.
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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.
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Loan of up to Rs. 1.02 crore
Get funds ranging up to Rs. 1.02 crore to bring your dream car home.
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Flexible tenures
Repay your second-hand car loan easily with convenient repayment options ranging from 12 months to 72 months.
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Money in your bank account in 48 hours*
Get the used car loan amount credited to your account within 48 hours* of approval.
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Doorstep assistance
Get doorstep support to complete your loan application process – from collecting documents to transferring your registration certificate.
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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.
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No hidden charges
Our fees and charges are clearly mentioned on our loan documents and on this page. Read them in detail before applying.
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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.
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How to apply for used car loan
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Frequently asked questions
Our used car loan has many features and benefits including:
- Loan of up to Rs. 1.02 crore
- Tenure of up to 72 months
- Flexi facility
- Quick approval
- Minimal documentation
- No hidden charges
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. 1.02 crore, 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.
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.
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. 1.02 crore 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.
