Used car loans in Hubli

Read our detailed guide to learn about the features, eligibility criteria, and application process of Bajaj Finserv Used Car Loan.
Used car loans in Hubli
3 min
6 April-2024

Hubli, officially known as Hubballi, is one of Karnataka’s fastest-growing cities and a key commercial centre in the state. With a strong presence in trade, education, and industry, the city is bustling with activity and opportunity. Whether you are commuting to Dharwad, travelling for work, or managing a busy schedule in the city, owning a personal vehicle is essential in a place like Hubli.

With the rising cost of new vehicles, many residents are turning to pre-owned cars for their value and affordability. However, even second-hand vehicles require a considerable investment. This is where Bajaj Finserv Used Car Loan offers a practical solution. With easy approval, high loan amounts, and flexible EMIs, it helps you finance your used car without disrupting your savings.

Check your pre-approved used car loan offer now and explore affordable financing options for your next car in Hubli. Just enter your mobile number and verify it with an OTP.

Features and benefits of used car loan in Hubli

Choosing a Bajaj Finserv Used Car Loan comes with a host of benefits that simplify your car-buying journey:

  • High-value finance
    Get up to 115% of the car’s value through asset-based financing, helping you cover not just the car cost but also associated expenses like insurance or registration.

  • Quick disbursal facility
    Once your loan is approved, the funds are disbursed within 48 hours*, so you can drive home your chosen car without delay.

  • Loan up to Rs. 1.02 crore
    Finance a wide range of second-hand cars with a high loan amount of up to Rs. 1.02 crore.

  • Long repayment tenures
    Repay your loan comfortably over tenures of up to 84 months, with EMIs that fit your budget.

  • Doorstep assistance
    Submit documents from the comfort of your home with our doorstep document pickup service.

Pro-tip:

Use the used car loan EMI calculator to estimate your monthly payments and plan your budget in advance.

Eligibility criteria for a used car loan in Hubli

Applying for a used car loan in Hubli is easy if you meet the following basic 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: Maximum age applies at the time of loan maturity.

Documents required typically include PAN card, address proof, salary slips or ITRs, and recent bank statements.

Check your used car loan eligibility to know how much you can borrow — the process is fully digital and quick to complete.

Additional read: Other benefits of choosing used car finance

Used car loan interest rates in Hubli

Interest rates on used car loans in Hubli are based on several factors like your credit history, income, and loan amount. Bajaj Finance ensures that the rates offered are competitive and transparent, making your repayment journey affordable and predictable.

How to apply for a used car loan in Hubli

Here are the steps to apply for a Bajaj Finserv Used Car Loan in Hubli:

  1. Visit the used car loan page and click on ‘APPLY’.

  2. Enter your mobile number and verify it through an OTP.

  3. Provide your personal and employment details.

  4. Enter the used car’s details, if you’ve already selected a vehicle.

  5. Upload or verify your KYC documents online.

  6. Schedule a document verification call or doorstep appointment, as needed.

Once completed, our representative will help you move forward with the disbursal process quickly.

Whether you are driving through the city’s industrial zones or heading out for a road trip in North Karnataka, owning a car gives you flexibility, comfort, and independence. Bajaj Finserv Used Car Loan makes it easy for Hubli residents to finance a quality pre-owned car with minimal paperwork and quick approvals.

Check your pre-approved used car loan offer today and take the next step toward owning your ideal vehicle in Hubli.

Explore used car loans in other locations

Used Car Loan in Delhi

Used Car Loan in Mumbai

Used Car Loan in Manipur

Used Car Loan in Nagpur

Used Car Loan in Kanpur

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.

Frequently asked questions

What is the used car loan interest rate in Hubli?
Interest rates in Hubli may vary among different lenders. With Bajaj Finserv Used Car Loan, you can get funds with competitive interest rates starting at 10%.

How much loan can I get to purchase a used car?

With Bajaj Finserv Used Car Loan, you can get funds up to Rs. 1.02 crore to finance your pre-owned vehicle purchase. The final loan amount is determined based on your eligibility. Check your used car loan eligibility in just a few clicks to know how much you can borrow.

Can I get a loan for a second-hand car in Hubli?
If you are seeking financing for a pre-owned car purchase, you can opt for used car loans. Bajaj Finance offers these loans with straightforward eligibility criteria and minimal document requirements.

Show More Show Less