Situated in the heart of Punjab, Amritsar captivates visitors with its rich cultural heritage and historical significance. Home to the iconic Golden Temple, this vibrant city boasts bustling markets, delectable cuisine, and a warm hospitality that leaves a lasting impression on all who visit.
For many residents of Amritsar, owning a car is more than just a mode of transportation; it is a symbol of progress and convenience. Old car finance in Amritsar provides individuals with the opportunity to own their dream vehicle without the burden of hefty upfront costs.
Bajaj Finance offers used car loans in Amritsar with a host of different features. You can also visit our used car loan EMI calculator to estimate your monthly instalments in advance. This online tool helps you in planning your finances better.
Features and benefits of used car loans in Amritsar
- Sizable financing: Our asset-based financing allows you to get funding of up to 115% of the value of your vehicle at competitive interest rates.
- Large loan amount: Receive up to Rs. 1.02 crore to purchase a second-hand car without worrying about depleting your savings.
- Quick disbursal: Funds can be transferred within 48 hours* after loan approval, allowing you to purchase the car you want.
- Convenient tenures: Use a flexible tenure option of up to 84 months to spread out the cost of your used car.
- Flexi variants: Our Flexi Loan allows you to make fund withdrawals and partial prepayments at no additional cost.
- Pre-approved offers: Customers can check pre-approved used car loan offers by entering their mobile number and OTP.
Eligibility criteria for a Bajaj Finserv Used Car Loan in Amritsar
To qualify for a Bajaj Finserv Used Car Loan in Amritsar, applicants typically need to meet the following eligibility criteria:
- Nationality: Indian
- Age: 18 to 80 years*
- CIBIL Score: 700 or higher
- Employment:
- For salaried: Individuals should have at least 1 year of experience and a minimum monthly salary of Rs. 20,000.
- For self-employed: Applicant must submit an ITR proof of the last 2 years.
* A higher age limit is applicable at the time of loan maturity.
Additional read: Check how to calculate your used car loan eligibility
Interest rates for used car loans in Amritsar
Interest rates for used car loans in Amritsar vary depending on factors such as the borrower's creditworthiness, loan amount, and repayment term. However, borrowers can expect competitive rates that make financing a used car affordable and accessible. Click here to know more about our fees and charges for second-hand car loan in detail.
How to apply for a used car loan in Amritsar
Getting a Bajaj Finserv Used Car Loan in Amritsar is simple:
- Visit the used car loan page and click 'APPLY'.
- Enter your 10-digit mobile number and verify with OTP.
- Fill in your personal information.
- Provide car details like make, model, and colour.
- Review or update your KYC details and schedule an appointment for verification.
Old car finance in Amritsar is essential for buying budget-friendly vehicles. Bajaj Finance offers used car loans with minimal eligibility requirements, facilitating easy purchase of used cars in Amritsar.
Apply for a used car loan today.
