Used Car Loans in Jamshedpur

Read our detailed guide to learn about the features of our used car finance and how to apply it.
Used Car Loans in Jamshedpur
5 min read
15 February 2024

Jamshedpur, often called the Steel City of India, is a well-planned industrial town known for its clean streets, organised layout, and thriving economy. With major companies like Tata Steel and Tata Motors headquartered here, the city offers a perfect blend of work and lifestyle. As more professionals and families settle into this dynamic environment, the need for personal vehicles has seen steady growth.

Used cars are an increasingly popular choice for Jamshedpur residents who want reliable mobility without the financial burden of buying a new vehicle. And to make that purchase even easier, Bajaj Finserv Used Car Loan provides a flexible and affordable solution. With easy eligibility, fast approvals, and minimal documentation, financing your next vehicle is simple and convenient.

Check your pre-approved used car loan offer today and explore budget-friendly car finance options. Just enter your mobile number and verify it via OTP to begin.

Features and benefits of used car loan in Jamshedpur

Bajaj Finserv Used Car Loan is built to meet your car financing needs with features that offer convenience and value:

  • Quick disbursal
    After approval, funds are disbursed within 48 hours*, ensuring you can proceed with your car purchase without delays.

  • Loan up to 115%
    Get financing up to 115% to purchase the used car that best suits your lifestyle and requirements.

  • Flexible tenures
    Repay your loan over a tenure of up to 84 months, so you can manage your EMIs with ease.

  • Doorstep assistance
    Complete your documentation without leaving your home — our team will visit you to collect the required papers.

Pro tip: Use our used car loan EMI calculator to estimate your monthly instalments and plan your finances accordingly.

Eligibility criteria for a used car loan in Jamshedpur

Here are the simple eligibility requirements to apply for a Bajaj Finserv Used Car Loan in Jamshedpur:

  • 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.

To speed up your application, keep your PAN card, address proof, salary slips or ITRs, and bank statements ready.

Check your used car loan eligibility online to get an instant understanding of how much you can borrow — no paperwork needed at this stage.

Additional read: Other benefits of choosing used car finance

Used car loan interest rates in Jamshedpur

Your interest rate is determined by factors such as your credit score, income level, and repayment plan. Bajaj Finance offers competitive and transparent rates on used car loans in Jamshedpur, helping you keep EMIs manageable throughout the loan tenure.

How to apply for a used car loan in Jamshedpur

Applying for a Bajaj Finserv Used Car Loan is a quick and straightforward online process. Here are the steps:

  1. Visit the used car loan page and click on ‘APPLY’.
  2. Enter your mobile number and verify it using an OTP.
  3. Fill in your personal and employment details.
  4. Provide the car’s information if you have already selected one.
  5. Upload or verify your KYC documents.
  6. Book a home visit or a verification call to complete the final step.

Our representative will reach out to assist you through the disbursal process.

Whether you are driving to work in Adityapur or heading out for a weekend trip to Dalma Hills, owning a car in Jamshedpur brings unmatched ease and independence. With Bajaj Finserv Used Car Loan, you can bring home a vehicle that suits your lifestyle — without large upfront payments or complicated processes. Quick approval, flexible terms, and doorstep support make it easier than ever.

Check your pre-approved used car loan offer in Jamshedpur and take your first step toward vehicle ownership today.

Frequently asked questions 

How much-used car loan can I get in Jamshedpur?

Bajaj Finance offers used car loans up to Rs. 1.02 crore. , helping you buy the car you want without worrying too much about your budget. The exact loan amount depends on your eligibility. You can check your used car loan eligibility in just a few clicks and find out how much you can borrow.

What is the interest rate for second-hand car loans in Jamshedpur?

The interest rates for used car loans from Bajaj Finance start at 10% p.a.

What is the CIBIL Score required to get a used car loan in Jamshedpur?

To apply for a used car loan in Jamshedpur, you’ll need a CIBIL Score of at least 700. The process is easy and requires minimal paperwork.

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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.