Located in the vibrant state of Bihar, Hajipur stands as a city with a rich cultural heritage and historical significance. Known for its ancient temples, bustling markets, and vibrant festivals, Hajipur is not only a cultural hub but is also witnessing a significant shift in its transportation landscape. The rising popularity of used cars has become a notable trend, reflecting the city's evolving preferences towards affordable and reliable mobility solutions.
Used car loans in Hajipur
The increasing popularity of used cars in Hajipur can be attributed to a variety of factors. As the city undergoes urbanisation, residents are increasingly recognising the practicality and cost-effectiveness of purchasing pre-owned vehicles. The availability of a diverse range of well-maintained used cars in the market has further fuelled this trend. To support this growing demand for used cars, financial institutions in Hajipur have introduced specialised used car loans.
These financial products are designed to provide residents with the necessary financial backing to turn their dream of owning a car into reality. Bajaj Finance, one of the leading NBFCs, offer used car loans that come with simple eligibility criteria and minimal documents. Read on to learn more about the features offered by Bajaj Finserv Used Car Loans.
Features and benefits of used car loans in Hajipur
Asset-based financing
Get asset-based financing with Bajaj Finserv Used Car Loan. Get a loan amount of up to 115% of the car's value.
Quick disbursal facility
Benefit from our quick disbursal facility and get the funds that you need within 48 hours* of approval.
High-value loan
With Bajaj Finserv Used Car Loan, get a substantial loan amount of up to Rs. 1.02 crore and bring home your dream car.
Long repayment tenure
Repay your used car loan into small monthly instalments over a period of up to 84 months
Doorstep document collection
Use our doorstep document collection facility and submit the required paperwork to our representative from the comfort of your home.
Flexi Loan variants
Choose our unique Flexi facility for additional facilities. Withdraw funds when you need them from the sanctioned limit and part-prepay when you can at no extra cost.
Eligibility criteria for used car loans in Hajipur
Securing a used car loan in Hajipur requires meeting specific eligibility criteria, including factors such as age, credit score, and monthly income. Bajaj Finance simplifies the process by providing used car loans with straightforward eligibility requirements. This ensures that qualifying for a high-value loan becomes easy by meeting these essential parameters.
Nationality: Indian
Age: 18 to 80*
CIBIL Score: 700 or higher
Salaried individuals: Individuals should have at least 1 year of experience and a minimum monthly salary of Rs. Rs. 20,000.
Self-employed individuals: Applicant must submit an ITR proof of the last 2 years.
*Higher age limit is applicable at the time of loan maturity.
Eligibility criteria for salaried individuals |
Eligibility criteria for self-employed individuals |
Nationality: Resident Indian |
Nationality: Resident Indian |
Age: 18 to 80* |
Age: 18 to 80* |
CIBIL Score: 700 or higher |
CIBIL Score: 700 or higher |
Individuals should have at least 1 year of experience and a minimum monthly salary of Rs. Rs. 20,000. |
Applicant must submit an ITR proof of the last 2 years. |
*Higher age limit is applicable at the time of loan maturity.
Used car loan interest rates in Hajipur
Used car loan interest rates in Hajipur may differ among various lenders. Bajaj Finance stands out by offering competitive interest rates and flexible repayment options with its used car loans. For a comprehensive breakdown of our interest rates, visit our fees and charges page, where detailed information is available.
How to apply for a used car loan in Hajipur
Availing of a used car loan from Bajaj Finance is a seamless and user-friendly process. Simply follow these steps for an easy online application.
- Visit the used car loan page and click on the 'APPLY' button.
- Enter your mobile number and verify your details with the OTP authentication.
- Fill in the application form with your personal details, including your full name, email address, and other required information.
- If you have selected a car, you will be asked to enter its details.
- Verify your KYC information. In case of any changes, you can also update your KYC details. Additionally, you have the option to schedule a convenient time for further verification.
Upon submitting the application form, our representative will connect with you to guide you on further steps. With a hassle-free application process and minimal documents, Bajaj Finance ensures a smooth borrowing experience for you.
