Used car loan in Lucknow

Read our detailed guide to learn about the features, eligibility criteria, and application process of our used car loan in Lucknow.
Used car loan in Lucknow
5 min read
13 February 2024

Lucknow, the capital of Uttar Pradesh, boasts a rich tapestry of history, with its magnificent architecture, vibrant traditions, and delectable cuisine. The city's charm is mirrored in its bustling streets, where the amalgamation of modernity and tradition creates a unique atmosphere.

Used car loans in Lucknow

Lucknow, with its expanding urban landscape, witnesses a growing demand for personal transportation. When it comes to acquiring a vehicle in the city, used cars emerge as a popular choice for many.

Used car loans in the city provide a convenient pathway for residents to access reliable vehicles without breaking the bank. Financial institutions and banks in Lucknow offer a range of used car loan options, catering to diverse needs and preferences.

If you are looking to fund your pre-owned car purchase, choose Bajaj Finserv Used Car Loan to get a high-value loan within 48 hours* of approval. This quick disbursal facility ensures that you can purchase your dream car without any delay. Our used car loans in Lucknow come with a host of attractive benefits.

Features and benefits of used car loans in Lucknow

  • High-value finance
    Our used car loans provide you with asset-based financing. You can get funds up to 115% of the car’s value at competitive interest rates.
  • Funds in 48 hours*
    Get the funds that you need in just 48 hours* of approval and drive home the car of your choice easily.
  • Loan up to Rs. 1.02 crore
    Purchase the vehicle of your choice with a high-value loan of up to Rs. 1.02 crore.
  • Flexible tenures
    With our flexible tenure options, repay your used car loan in Lucknow with ease over a period of up to 84 months.
  • Doorstep assistance
    With our doorstep assistance facility, you can submit your documents to our representative from the comfort of your home.
  • Flexi Loan variants
    Our used car loans come in unique Flexi Loan variants. These loan variants come with additional facilities of multiple fund withdrawals and part-prepayment at no extra cost.

Additional read: Know other benefit of pre-owned car loan

Eligibility criteria for a used car loan in Lucknow

Used car finance in Lucknow offered by Bajaj Finance come with simple eligibility criteria and minimal documents. If you are looking to apply for a used car loan in Lucknow, follow these basic parameters.

  • Nationality: Indian
  • Age: 18 to 80*
  • CIBIL Score: 700 or higher
  • 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.

*Higher age limit is applicable at the time of loan maturity.

Additional read: Check how to calculate your used car loan eligibility

Used car loan interest rates in Lucknow

Interest rates for used car loans in Lucknow vary among lenders. Bajaj Finance offers used car loans that come with competitive interest rates. You can check our fees and charges for used car loan page to know more about used car loan interest rates in Lucknow.

How to apply for used car loans in Lucknow

Bajaj Finance offers a seamless online application process for their used car loans, ensuring a hassle-free experience. Follow these straightforward steps:

  • Visit the used car loan page and select the 'APPLY' button.
  • Input your 10-digit mobile number and validate it through the OTP received.
  • Complete your personal information, including full name, mobile number, email ID, and more.
  • If you have already identified the car, provide its details.
  • Confirm or update your KYC details and proceed to schedule an appointment for additional verification.

Our dedicated representative will reach out to assist you through the subsequent steps, ensuring a smooth and efficient process. Used car loans in Lucknow open the doors to affordable and convenient vehicle ownership. With a plethora of features, competitive interest rates, and straightforward application processes, Bajaj Finserv Used Car Loans make borrowing hassle-free.

Explore used car loans in other locations

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Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

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Disclaimer

While care is taken to update the information, products, and services included in or available on our application, website and related platforms, there may be inadvertent inaccuracies or typographical errors or delays in updating the information. The material contained in this site, and on associated web pages, is for reference and general information purpose and the details mentioned in the respective product/service document shall prevail in case of any inconsistency. Subscribers and users should seek professional advice before acting on the basis of the information contained herein. Please take an informed decision with respect to any product or service after going through the relevant product/service document and applicable terms and conditions.

*Terms and conditions apply

Frequently asked questions

How much used car loan can I get in Lucknow?

When you choose a Bajaj Finserv Used Car Loan, you can access a high-value loan of up to Rs. 1.02 crore. This substantial loan amount allows you to purchase your desired car with ease.

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

Interest rates might vary from lender to lender. Bajaj Finance offers used car loans that come with competitive interest rates starting at 10%.

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

To become eligible for a Bajaj Finserv Used Car Loan, you should have a CIBIL Score of 700 or higher. Apart from meeting this credit score requirement, you also need to fulfil some basic criteria to qualify for a used car loan from Bajaj Finance.

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