Pune, a vibrant city nestled amidst the Sahyadri mountain ranges, offers the perfect blend of rich history, modernity, and cultural diversity. With a metropolitan lifestyle, many Pune residents are looking for affordable transportation solutions, making second-hand vehicles a popular choice. Whether you are looking for a compact sedan for city commuting or a spacious SUV for family road trips, second-hand car loans in Pune make owning a vehicle more accessible.
Bajaj Finance provides used car loans that offer high-value financing, helping you purchase your desired vehicle without any financial stress. You might also qualify for a pre-approved offer that will fast track your financing process. Check your pre-approved used car loan offer in an easy online process – no branch visit is required.
Read on to know more about used car loans offered by Bajaj Finance and how you can apply for one.
Features and benefits of second-hand car loans in Pune
Bajaj Finance offers a used car loan in Pune designed to make vehicle ownership easier. With numerous benefits and features, our loan product provides both flexibility and convenience:
High-value financing: Get up to 115% of the vehicle’s value through our asset-based financing, ensuring you have ample funds to cover your car purchase.
- Speedy disbursal: Get funds within 48 hours* of approval, receive your loan amount quickly and drive home your pre-owned car without any unnecessary delays.
- Substantial loan amounts: Bajaj Finance offers loans of up to Rs. 1.02 crore, allowing you to pick any vehicle within your budget without compromises.
- Flexible repayment options: Choose a convenient repayment tenure of up to 84 months. Enjoy the flexibility to pay your loan in easy EMIs.
- Flexi Loan variant: Opt for the Flexi Loan variant, which allows multiple withdrawals from your approved limit and enables part-prepayment at no extra cost.
Additional read: Check out other benefits of used car loans
Eligibility criteria for used car loans in Pune
Securing a used car loan in Pune from Bajaj Finance is easy with our simple eligibility criteria and minimal documentation. To qualify for the loan, you must meet the following requirements:
Eligibility for salaried individuals:
- Nationality: Indian
- Age: 18 to 80 years*
- CIBIL Score: 700 or higher
- Minimum salary: Rs. 20,000 per month
- Minimum work experience: 1 year
Eligibility for self-employed individuals:
- Nationality: Indian
- Age: 18 to 80 years*
- CIBIL Score: 700 or higher
- Income proof: ITR for the last 2 years
*The higher age limit applies at the time of loan maturity.
Once you meet these eligibility criteria, you can easily apply for the loan by submitting a few essential documents like PAN card, KYC documents, bank statements, salary slips or ITR proofs (for self-employed individuals) and more.
Checking your used car loan eligibility is quick and effortless. Just a few simple steps online, and you will know exactly how much you can borrow. Check your used car loan eligibility now and move closer to owning your dream car.
Used car loan interest rates in Pune
Interest rates for used car loans in Pune can vary across lenders, but Bajaj Finance ensures you get competitive interest rates. To better plan your finances, use our used car loan EMI calculator. Enter your loan amount, tenure, and interest rate, and get an instant calculation of your monthly instalments.
How to apply for a used car loan in Pune
Applying for a used car loan in Pune from Bajaj Finance is easy and hassle-free. Just follow these simple steps to get started:
- Click on the ‘APPLY’ button on the used car loan page.
- Enter your mobile number and verify it with the OTP.
- Fill in your personal details, such as name, mobile number, email ID, and income information.
- If you’ve already selected your car, enter the details of the car.
- Verify or update your KYC details, then proceed to schedule an appointment for further verification.
- Submit your form, and our representative will contact you to guide you through the next steps.
In Pune, where the past meets the future, owning a car is a significant step towards convenience and independence. With the Bajaj Finserv Used Car Loans, residents can easily finance their vehicle purchases with flexible repayment options, high-value financing, and fast approval. The online application process, simple used car loan eligibility requirements, and minimal documentation make it easier for you to own the car of your dreams.
Check your pre-approved used car loan offer now and bring home your dream car with ease.
