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In summary
Used Car Ownership Made Easy
- Loan amounts range from Rs. 1 lakh to Rs. 2.50 crore.
- Get funding of up to 100% of the car’s value.
- Repayment tenure ranges from 12 months to 84 months.
- Interest rates range from 10% to 18.25% p.a.
- A CIBIL Score of 650 or higher is required.
- Vehicle age and previous ownership also affect eligibility.
Already shortlisted a car. Check if you are eligible for a pre-approved Bajaj Finance Used Car Loan offer and fast-track your used car purchase.
Why consider a used car loan in Agra?
A used car may cost less than a new one but paying the entire amount upfront can still put pressure on your savings. Financing options like used car loan lets you divide the purchase cost into planned monthly payments. This can help if you need a car for work, family travel, daily errands, or regular outstation journeys from Agra. Instead of using most of your available funds on the purchase, you can keep some money aside for insurance, servicing, fuel, and unexpected repairs.
Before choosing a car, decide how much EMI you can comfortably pay every month. This can help you set a realistic purchase budget and avoid stretching your finances.
What does Bajaj Finance Used Car Loan offer?
Bajaj Finance Used Car Loan provides financing for eligible customers buying a pre-owned private car. The final loan amount and terms depend on your profile and the vehicle selected.
| Feature | Details |
| Loan amount | Rs. 1 lakh to Rs. 2.50 crore |
| Funding | Up to 100% of the car’s value |
| Repayment tenure | 12 months to 84 months |
| Interest rate | 10% to 18.25% p.a. |
Funding of up to 100% of the car’s value does not mean every customer will receive the full value. The approved amount depends on your eligibility, repayment capacity, credit profile, and vehicle assessment.
Additional read: Other benefits of choosing used car finance
What are the used car loan interest rates and charges?
Bajaj Finance Used Car Loan interest rates range from 10% to 18.25% p.a. The rate offered to you can vary based on factors such as your credit profile, income, repayment capacity, loan amount, tenure, and vehicle details.
Apart from interest, check the applicable fees and charges before accepting the loan. Do not compare loans only by their starting interest rate. Check the rate offered to you, EMI, tenure, fees, and total repayment amount together.
How can you choose a suitable EMI and tenure?
A shorter tenure generally means a higher EMI but a shorter repayment period. A longer tenure can reduce the monthly EMI, but you remain committed to the loan for more time.
Before choosing the tenure, consider:
- your monthly income
- existing EMIs
- household expenses
- expected car-running costs
- emergency savings
- age of the car
The car’s age is important because it must not be more than 12 years years old at the end of the loan tenure. An older car may therefore qualify for a shorter tenure. Use a used car loan EMI calculator to compare different loan amounts and tenure options before applying.
The aim should be to find an EMI that fits your budget, not simply to borrow the highest amount available.
Who can apply for a used car loan in Agra?
Salaried and self-employed Indian applicants can apply for a Bajaj Finance Used Car Loan, subject to eligibility.
| Criteria | Salaried applicants | Self-employed applicants |
| Nationality | Indian | Indian |
| Age | 21 to 80 years* | 21 to 80 years* |
| CIBIL Score | 650 or higher | 650 or higher |
| Income requirement | Minimum salary of Rs. 20,000 per month | ITR for the last 2 years |
| Experience | At least 1 year of work experience | ITR based income assessment |
*Age should be 80 or less at the end of the loan tenure.
Meeting these basic conditions does not guarantee loan approval. Your complete application, repayment capacity, credit profile, and selected vehicle are considered during assessment. If you already have several ongoing EMIs, check how another monthly payment will affect your budget before applying.
Additional read: How to calculate your used car loan eligibility
Which used cars can qualify for financing?
Your eligibility is only one part of the loan assessment. The car you want to buy must also meet the applicable conditions.
| Vehicle requirement | Details |
| Vehicle type | Private car |
| Maximum vehicle age | Not more than 12 years old at the end of the loan tenure |
| Previous owners | Not more than 2 previous owners |
This is especially important when buying an older car. For example, if a vehicle is already around 10 years old, the longest repayment tenure may not be available because the car must remain within the permitted age limit when the loan ends.
What should you check before buying a used car in Agra?
Check the car documents
Review:
- Registration Certificate
- insurance details
- ownership information
- service records
- pollution certificate, where applicable
- any existing hypothecation or outstanding finance
The details on the vehicle documents should match the car and seller information.
Check the physical condition
Inspect important components such as:
- tyres
- brakes
- battery
- suspension
- engine
- transmission
- air-conditioning
- lights and electrical systems
A cheaper car may not always be the better choice if it needs expensive repairs soon after purchase.
Check the car documents
Review:
- Registration Certificate
- insurance details
- ownership information
- service records
- pollution certificate, where applicable
- any existing hypothecation or outstanding finance
The details on the vehicle documents should match the car and seller information.
Check the physical condition
Inspect important components such as:
- tyres
- brakes
- battery
- suspension
- engine
- transmission
- air-conditioning
- lights and electrical systems
A cheaper car may not always be the better choice if it needs expensive repairs soon after purchase.
Think about how you will use the car
For regular driving within Agra, you may prefer a car that is easy to drive, park, and maintain. If you frequently travel outside the city, also pay attention to highway comfort, tyre condition, braking performance, service history, and overall reliability. The right used car should fit both your purchase budget and your expected running costs. For regular driving within Agra, you may prefer a car that is easy to drive, park, and maintain.
If you frequently travel outside the city, also pay attention to highway comfort, tyre condition, braking performance, service history, and overall reliability.
The right used car should fit both your purchase budget and your expected running costs.
What documents do you need for a used car loan?
- KYC documents
- PAN card
- Employee ID card, where applicable
- Salary slips for the last 2 months
- Bank account statements for the previous 3 months
- Vehicle Registration Certificate
Vehicle insurance copy
Self-employed applicants may need to provide ITR proof for the previous 2 years. The documents required can vary depending on your applicant profile and verification needs. Before proceeding with the purchase, also check whether the vehicle documents provided by the seller are complete and correct.
How to apply for a used car loan in Agra?
- Visit the Used Car Loan application page.
- Enter your mobile number and verify it using the OTP.
- Fill in your personal and employment details.
- Provide the required income information.
- Enter the vehicle details if you have already selected a car.
- Complete the required KYC and verification.
- Submit the application for assessment.
Before applying, it is useful to check your EMI, applicable charges, borrower eligibility, and vehicle eligibility.
Already selected your car and planned your budget? Check your eligibility for the Bajaj Finance Used Car Loan and find out how much you can borrow.
Explore used car loans in other locations
| Used Car Loan in Delhi | Used Car Loan in Faridabad | Used Car Loan in Ghaziabad |
| Used Car Loan in Gandhinagar | Used Car Loan in Meerut | Used Car Loan in Gurgaon |
What do our customers say about us
Amit Chauhan
Reviewed on 04 Mar 2025
Smooth and transparent used car loan process. The interest rates were competitive, and the documentation was minimal. The team guided me clearly at every step, making my used car purchase simple and stress-free. Highly recommended for quick approvals.
Ashwin Kamble
Reviewed on 24 Feb 2025
Clear guidance, quick approval, and flexible repayment options made buying my used car easier than expected. The team handled everything professionally. Very satisfied and would definitely recommend their used car loan.
Rohit Sharma
Reviewed on 12 Apr 2025
I had a great experience while applying for my used car loan. The process was quick, and the interest rate helped me manage the purchase better. Customer service was helpful throughout. Highly recommended for a smooth used car financing experience.
Ajay Kulkarni
Reviewed on 08 Dec 2024
My used car loan experience was simple and hassle-free. The approval was quick, the repayment options were flexible, and the team explained every step clearly. It helped me buy my preferred used car without financial stress. I would surely recommend it.
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Frequently asked questions about used car loan in Agra
Overview
Repayment
Who can apply for a used car loan in Agra?
Both salaried and self-employed customers can apply subject to the applicable eligibility conditions. Salaried applicants need the required work experience and income, while self-employed applicants need the applicable ITR proof.
How much used car loan can I get in Agra?
Bajaj Finance Used Car Loan amounts range from Rs. 1 lakh to Rs. 2.50 crore. The actual amount offered depends on your eligibility, repayment capacity, credit profile, and the value of the car you plan to buy.
What documents are required for a used car loan?
Common documents include KYC documents, PAN card, income proof, bank statements, vehicle RC, and insurance documents. Salaried and self-employed applicants may need different income-related documents based on their profiles.
What is the repayment tenure for a used car loan?
Bajaj Finance Used Car Loan offers repayment tenures from 12 months to 84 months. The actual tenure available can depend on your eligibility and the age of the vehicle.
How can I calculate EMI for a used car loan?
A comfortable EMI is usually more useful than choosing the maximum amount you are eligible to borrow. You can use the online used car loan EMI calculator by entering the loan amount, tenure and interest rate and find out the EMI amount instantly.
Disclaimer
1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.
2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.