Ahmedabad, the vibrant city on the banks of the Sabarmati River, is a dynamic blend of culture, history, and modernity. In this bustling metropolis, owning a car is essential for navigating the city's busy streets and urban landscape. For many, purchasing a second-hand car is an affordable solution. With the availability of used car loans in Ahmedabad, owning your dream vehicle becomes an accessible reality, without the burden of large upfront payments. Bajaj Finance provides used car loans that come with a host of benefits, ensuring an easy and quick process to help you own your car.
With the Bajaj Finserv Used Car Loan, you can also benefit from pre-approved offers that will fast-track your financing process. Check if you are eligible for a pre-approved used car loan offer and speed up your used car purchase in Ahmedabad.
Read on to know more about the features of the used car loan offered by Bajaj Finance and how you can apply for one.
Features and benefits of used car loan in Ahmedabad
The Bajaj Finserv Used Car Loan offers a wide range of benefits that make it an attractive choice for those looking to finance their second-hand car purchase:
- Considerable financing: Benefit from asset-based financing that provides up to 115% of the vehicle’s value at competitive interest rates.
- High-value loan amount: With loan amounts up to Rs. 1.02 crore, you have the flexibility to buy a used car that fits your needs and budget without worrying about draining your savings.
- Quick disbursement: Once approved, your loan is disbursed in just 48 hours*, ensuring that you can bring home your desired vehicle without any delays.
- Flexible repayment tenure: Choose a repayment period of up to 84 months, allowing you to manage your expenses comfortably by spreading the cost of your car.
- Flexi Loan variant: Our Flexi Loan option allows you to withdraw funds multiple times and make partial prepayments at no extra cost, offering added flexibility.
Eligibility criteria for used car loan in Ahmedabad
Getting a used car loan in Ahmedabad from Bajaj Finance is easy, thanks to our simple eligibility criteria. To qualify, you need to meet these basic requirements:
For Salaried Individuals:
- Nationality: Indian
- Age: 18 to 80 years*
- CIBIL Score: 700 or higher
- Minimum Salary: Rs. 20,000 per month
- Work Experience: At least 1 year
Additional read: How to calculate your used car loan eligibility
For Self-employed Individuals:
- Nationality: Indian
- Age: 18 to 80 years*
- CIBIL Score: 700 or higher
- Income Proof: ITR for the last 2 years
*The higher age limit applies at the time of loan maturity.
Once you meet these basic parameters, you will need to submit the required documents, including, PAN card, KYC documents, bank statements, salary slips or ITR proofs (for self-employed individuals) and more.
It is simple to calculate your loan eligibility and find out how much you can borrow. Check your used car loan eligibility now and move closer to owning your desired used car.
Used car loan interest rates in Ahmedabad
Interest rates for used car loans in Ahmedabad vary depending on factors like credit score, loan amount, and repayment tenure. Bajaj Finance offers competitive used car loan interest rates that make your borrowing experience more affordable. You can also calculate your EMI in advance using our used car loan EMI calculator, helping you plan your finances better.
How to apply for a used car loan in Ahmedabad
Applying for a used car loan in Ahmedabad is quick and straightforward with Bajaj Finance. Simply follow these easy steps:
- Visit the used car loan page and click the ‘APPLY’ button.
- Enter your mobile number and verify it with an OTP.
- Fill in your personal details, such as full name, mobile number, and email ID.
- Enter the details of your chosen car.
- Verify or update your KYC details, then proceed to schedule an appointment for further verification.
- Submit your application, and our representative will assist you through the next steps.
In Ahmedabad, where tradition and modernity meet, owning a car is essential for navigating the city's busy streets. Bajaj Finserv Used Car Loan provides a convenient and affordable way to finance your second-hand car purchase. With quick disbursal, high-value loans, and flexible repayment options, securing your dream vehicle has never been easier.
Check your pre-approved used car loan offer in Ahmedabad today and make your car ownership dreams a reality.
*Terms and conditions apply
