Used car loans in Pune

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

Pune, a city in western India, is known for its rich historical heritage, educational institutions, and cultural diversity. Situated amidst the Sahyadri mountain ranges, Pune captivates visitors with its modernity and tradition, bustling markets, delectable cuisine, and serene landscapes, making it a captivating destination for travellers worldwide.

Explore second-hand car loans in Pune

The demand for affordable transportation solutions is met through the accessibility of used car loans in Pune. With the city's bustling metropolitan lifestyle and a burgeoning population, many residents seek second-hand vehicles as a viable option.

Financial institutions in Pune offer used car loans tailored to varying financial backgrounds, ensuring accessibility for a wide range of borrowers. Whether it is a compact sedan for daily commutes or a spacious SUV for family outings, second-hand car loans in Pune provide the necessary financial support to make vehicle ownership a reality for residents.

Bajaj Finance offers used car loans that provide quick financing for your used car purchase. With our loan, you can get the funds in just 48 hours* of approval, allowing you to buy your desired vehicle without delay. Our used car loans come with a host of different features.

Discover the features of our used car loan in Pune

  • High-value financing: Obtain funds up to 115% of your vehicle's value with competitive interest rates through our asset-based financing.
  • Speedy disbursal: Experience quick disbursal, receiving funds within just 48 hours* of approval, allowing you to bring home your dream car.
  • Substantial loan amount: Access funds of up to Rs. 1.02 crore, enabling you to purchase your desired car without budgetary constraints.
  • Flexible repayment: Spread the cost of your pre-owned car over a comfortable repayment period of up to 84 months.
  • Pre-approved offers: Existing customers can instantly check their pre-approved used car loan offers by entering their mobile number and OTP.
  • Flexi Loan options: Opt for our unique Flexi Loan variant, offering multiple fund withdrawals and part-prepayment facilities at no additional cost.

Additional read: Check out other benefits of used car loans

Eligibility criteria for used car loans in Pune

To qualify for a used car loan from Bajaj Finance, you will need to meet some straightforward eligibility requirements and provide a few essential documents. If you are interested in obtaining a used car loan in Pune, simply follow these easy steps for a smooth application experience.

Nationality: Indian
Age: 18 to 80*
CIBIL Score: 700 or higher
Salaried: Individuals should have at least 1 year of experience and a minimum monthly salary of Rs. Rs. 20,000.
Self-employed: Applicant must submit an ITR proof of the last 2 years.

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

How to apply for a second-hand car loan in Pune

You can apply for a Bajaj Finserv Used Car Loan in Pune by following a few simple steps:

  • Click the 'APPLY' button on this page.
  • Input your mobile number and the OTP sent to it.
  • Provide your personal details, including your full name, mobile number, email ID, and more.
  • Enter the car details, such as make, model, variant, and colour.
  • Verify or update your KYC details and proceed to schedule an appointment for further verification.

Our representative will contact you to guide you through the next steps. After verifying your submitted documents, we will transfer the loan amount to your bank account.

Obtaining a pre-owned car loan in Pune is hassle-free with our straightforward used car loan eligibility criteria, minimal documentation, and an online application process. Fulfil your dream of owning a car with a used car loan from Bajaj Finance.

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 Pune?

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 Pune?

Interest rates might vary from lender to lender. Bajaj Finserv Used Car Loans come with competitive interest rates starting at 10%.

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

When you choose to apply 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.