Nestled in the heart of Chhattisgarh, Raipur is a city that effortlessly combines historical charm with modern development. Renowned for its vibrant culture, diverse heritage, and expanding economic opportunities, Raipur is a place where residents seek comfort and convenience in their daily travels. As the city continues to grow, used car finance in Raipur has become an increasingly popular option, helping individuals achieve their dream of owning a car while enjoying the convenience of easy financing solutions.
Used car loans in Raipur
If you have a dream of owning a car without the hefty price tag, you can choose to purchase a used car as a cheaper alternative. To fund the purchase of your pre-owned vehicle, you can go for a used car loan. This financial product is tailored to meet the needs of individuals looking to purchase pre-owned vehicles, making the dream of car ownership achievable for many. Used car loans in Raipur come with a host of features and benefits designed to make the borrowing experience seamless. Bajaj Finance, one of the leading NBFCs, offers used car loans that come with simple eligibility criteria and the quick disbursal facility. Read on to know more about the features and benefits of Bajaj Finserv Used Car Loans in Raipur.
Features and benefits of a used car loan in Raipur
- Asset-based financing
Get competitive interest rates on asset-based financing up to 115% of the car's worth. - Quick disbursal
Bring home your dream car without any delay with our quick disbursal facility. Get the funds within 48 hours* of approval. - High-value loan
With a high-value loan up to Rs. 1.02 crore, you can easily buy the car of your choice. - Long repayment tenure
Repay your loan with ease over a long repayment period of up to 84 months. - Doorstep document collection
Use our doorstep assistance facility and submit your documents to our representative without any branch visits. - Flexi variants
Get additional facilities with our Flexi Loan variants. Withdraw funds when you need them and part-prepay when you can at no additional cost.
Additional read: Top four benefits of a second-hand car loan
Eligibility criteria for used car loans in Raipur
To qualify for a used car loan in Raipur, you need to meet specific eligibility criteria as per your respective lender. Lenders usually consider factors such as your age, income, employment stability, and credit history. Meeting these criteria enhances the chances of loan approval and favourable terms. If you are looking to apply for a Bajaj Finserv Used Car Loan in Raipur, you need to fulfil 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: Factors that affect your pre-owned car loan eligibility
Used car loan interest rates in Raipur
Interest rates on used car loans in Raipur may vary among lenders and are influenced by factors like your credit score and loan tenure. Bajaj Finance provides used car loans at competitive interest rates that make your repayment easy. Visit our fees and charges page to know more about our used car loan interest rates.
How to apply for a used car loan in Raipur
Applying for a used car loan in Raipur is a straightforward process. Most lenders offer an online application platform, making the borrowing process hassle-free. If you are looking to apply for a used car loan from Bajaj Finance, follow these simple steps.
- Proceed to our used car loan page for used car loans and select the 'APPLY' option.
- Type in your 10-digit phone number and confirm it using the OTP that you have received.
- Enter your basic information, such as your complete name, email address, and other necessary details.
- Include information about the car that you have already selected when completing the application.
- Verify or amend your KYC information, then set up a time for further verification.
After that, our representative will get in touch with you to take you through the remaining processes and guarantee process efficiency and comfort. With competitive interest rates and hassle-free process, Bajaj Finserv Used Car Loans in Raipur make owning a car convenient and affordable.
