In Navi Mumbai, owning a car is more of a necessity than a luxury. Whether you are commuting to work, travelling with family, or simply running errands, a personal vehicle can offer unmatched convenience and comfort. If buying a new car feels financially challenging, a second-hand car can be a practical option. This is where a used car loan in Navi Mumbai can help.
With the Bajaj Finserv Used Car Loan, you can get a high-value loan by simply meeting some basic eligibility criteria and submitting a few documents. You might also have a pre-approved offer waiting for you. Check your pre-approved used car loan offer in Navi Mumbai with your phone number and OTP – No branch visit required.
Features and benefits of used car loans in Navi Mumbai
Quick disbursal of funds: Once your application is approved, Bajaj Finance disburses the loan amount within 48 hours, allowing you to purchase your chosen vehicle without delays.
Substantial loan amount: Bajaj Finance offers used car loans with amounts of up to Rs. 1.02 crore. This allows you to finance a wide range of second-hand cars—be it a compact hatchback or a premium SUV.
Flexible repayment tenures: You can repay your loan over a period of up to 84 months, making EMIs more manageable. This flexibility helps you plan your finances better without overburdening your monthly budget.
Doorstep assistance facility: Enjoy the convenience of our doorstep document pickup. Our representative will visit your location to collect the necessary documents—saving you time and effort.
Eligibility criteria and required documents for used car loan in Navi Mumbai
Here is the list of used car loan eligibility criteria that you need to fulfil when applying for the loan.
Nationality: Indian
Age: 18 years to 80 years*
CIBIL Score: 700 or higher
For salaried individuals: Minimum 1 year year of work experience and monthly income of at least Rs. 20,000
For self-employed individuals: ITR proof for the past 2 years years
Checking your loan eligibility is an easy and online process. You can check your used car loan eligibility in just a few clicks – no branch visit required.
Documents required:
PAN card
KYC documents (Aadhaar/passport/voter ID/driving licence)
Salary slips for last 2 months
Bank account statements for the last 3 months
Vehicle registration certificate and insurance papers
These basic documents are sufficient to begin your application process.
Used car loan interest rates in Navi Mumbai
Interest rates on used car loans in Navi Mumbai depend on several factors including your credit score, chosen tenure, and loan amount. Comparing multiple offers is always recommended to get the most favourable terms.
Bajaj Finserv Used Car Loan offers competitive used car loan interest rates along with a transparent fee structure. You can also use the used car loan EMI calculator to plan better. Just input your loan amount, interest rate, and tenure to know your monthly instalment.
How to apply for a used car loan in Navi Mumbai
The application process for a used car loan with Bajaj Finance is quick and fully digital. Just follow these simple steps:
Visit our used car loan page and click on the ‘APPLY’ button
Enter your mobile number and verify it using the OTP
Fill in your basic personal details (name, email ID, etc.)
If you have selected a car, provide the vehicle details
Confirm or update your KYC information
Schedule an appointment for additional verification, if needed
Our representative will get in touch with you for further steps
You might also have a pre-approved offer ready for you which will fast track your loan process. Enter your mobile number and the OTP to view your offer in minutes. Check now if you are eligible for a pre-approved used car loan offer.
If you are planning to own a second-hand car in Navi Mumbai, the Bajaj Finserv Used Car Loan can make your purchase easier. With high loan amounts, long repayment tenures, doorstep support, and quick disbursal, the entire process is designed for your convenience.
Check if you have a pre-approved offer in Navi Mumbai and get started today.
