Amritsar, the spiritual heart of Punjab, is a city that beautifully blends tradition with modern living. Known worldwide for the Golden Temple, vibrant bazaars, and rich culture, Amritsar is also a growing urban centre with a rising demand for personal mobility. From navigating the busy streets of Hall Bazaar to commuting to nearby towns like Tarn Taran and Batala, owning a car makes life more convenient for residents here.
While the appeal of buying a new car is strong, it often involves a high upfront investment. For many people in Amritsar, purchasing a second-hand vehicle is a smart and affordable alternative. And with the right financing support, you do not have to compromise on the car you want. Bajaj Finserv Used Car Loan offers a reliable, quick, and flexible financing solution to help you buy your preferred pre-owned car without draining your savings.
Check your pre-approved used car loan offer and explore personalised loan options available for you in Amritsar. Just enter your mobile number and verify it with an OTP to begin.
Features and benefits of used car loan in Amritsar
Here are the features that make Bajaj Finserv Used Car Loan ideal for your vehicle purchase:
- Quick disbursal
Once approved, the loan amount is transferred to your account within 48 hours*, ensuring a smooth and timely purchase. - Loan up to 115%
Borrow up to 115% to finance a wide variety of used vehicles, from city hatchbacks to family SUVs. - Flexible repayment options
Choose a repayment tenure that fits your financial comfort — up to 84 months— with EMIs structured to suit your monthly income. - Doorstep documentation service
Enjoy the convenience of having your documents collected right from your home or workplace. No need for branch visits. - Digital application process
From application to approval, the entire loan process is 100% online, making it easy, secure, and paperless.
Pro tip: Use the used car loan EMI calculator to plan your EMIs. This tool gives you a clear estimate of your monthly payments based on the loan amount, tenure, and interest rate.
Eligibility criteria for a used car loan in Amritsar
To apply for a Bajaj Finserv Used Car Loan in Amritsar, you need to meet a few simple eligibility conditions:
- Nationality: Indian citizen
- Age: 18 to 80 years*
- CIBIL Score: 700 or higher
For salaried individuals:
- Individuals should have at least 1 year of experience and a minimum monthly salary of Rs. Rs. 20,000.
For self-employed individual:
- Applicant must submit an ITR proof of the last 2 years.
*Note: The higher age limit applies at the time of loan maturity.
Keep documents like your PAN card, Aadhaar card or other KYC proof, recent salary slips or ITRs, and bank statements ready for a smooth verification process.
Check your used car loan eligibility online in just a few clicks. It’s free, fast, and requires no documentation upfront.
Additional read: Other benefits of choosing used car finance
Used car loan interest rates in Amritsar
Your interest rate will be based on multiple factors such as your credit profile, income level, loan tenure, and vehicle value. Bajaj Finance offers competitive and transparent interest rates in Amritsar, ensuring your EMIs remain affordable throughout the loan period.
With no hidden fees and complete cost transparency, you can plan your repayment with confidence and peace of mind.
How to apply for a used car loan in Amritsar
Applying for a Bajaj Finserv Used Car Loan is simple and fully online. Just follow these steps:
- Visit the used car loan page and click on ‘APPLY’.
- Enter your 10-digit mobile number and confirm it using the OTP.
- Provide your personal details such as name, employment status, income, and location.
- Add details of the used car you plan to purchase (if selected).
- Upload your KYC documents or complete the digital verification process.
- Schedule a document collection visit or verification call as required.
Once your documents are verified, the loan is processed quickly, and funds are disbursed so that you can finalise your car purchase without delay.
Whether you're commuting between Ranjit Avenue and Lawrence Road or planning a road trip to Wagah Border, having your own car in Amritsar brings unmatched comfort, independence, and reliability. With Bajaj Finserv Used Car Loan, financing your next vehicle is easy, efficient, and tailored to your budget. High-value loans, flexible tenures, and doorstep service ensure a hassle-free experience from start to finish.
Check your pre-approved used car loan offer in Amritsar today and take the first step toward owning the car you’ve always wanted.
