Rohtak, located in Haryana, India, is a historic city known for its educational institutions and agricultural significance. The city boasts a rich cultural heritage, with prominent landmarks like the Tilyar Lake and Maharshi Dayanand University. Rohtak serves as a hub for commerce, education, and cultural activities in the region.
Used car loans in Rohtak
The growing popularity of used cars in Rohtak can be attributed to various factors. The cost savings associated with purchasing a used vehicle, along with the rapid depreciation of new cars, make used cars an attractive option. Additionally, the wide variety of pre-owned vehicles available in the market allows buyers to choose from different makes, models, and price ranges. Financial institutions in Rohtak understand the evolving needs of the residents and have introduced specialised used car loan products to facilitate the purchase of pre-owned vehicles. Bajaj Finance, one of the leading NBFCs, offers used car loans that come with simple eligibility criteria and minimal documents. Read on to learn more about the features and benefits of Bajaj Finserv Used Car Loans.
The increasing preference for pre-owned vehicles in Rohtak can be credited to several factors. Savings on costs, coupled with the swift depreciation of new cars, make used cars an appealing choice. Moreover, the diverse range of available pre-owned vehicles allows buyers to select from various makes, models, and price brackets. Recognising the changing preferences of residents, financial institutions in Rohtak have introduced specialised used car loan products. Bajaj Finance Limited, a leading NBFC, provides used car loans with straightforward eligibility criteria and minimal documentation. Explore further to understand the features and benefits of Bajaj Finserv Used Car Loans.
Features and benefits of used car loans in Rohtak
Asset-based financing
Secure asset-based funds with Bajaj Finserv Used Car Loan and get a loan amount of up to 115% of the car's value.
Quick disbursal facility
Take advantage of our fast disbursal process and receive the funds within 48 hours* of approval.
Substantial loan amount
Get funds of up to Rs. 1.02 crore with Bajaj Finserv Used Car Loan and manage your used car purchase with ease.
Extended repayment tenure
Lighten the load of repayment by dividing your used car loan into manageable monthly instalments, extending up to 84 months.
Document collection facility
Take advantage of our doorstep document collection service, allowing you to submit the necessary paperwork to our representative from the comfort of your home.
Flexi Loan variants
Choose our Flexi facility for enhanced convenience. Withdraw funds as necessary from the sanctioned loan limit and make part-prepayments without incurring any additional charges.
Eligibility criteria for used car loans in Rohtak
Securing a used car loan in Rohtak requires meeting specific eligibility criteria, including factors such as age, credit score, and monthly income. Bajaj Finance Limited facilitates this procedure by providing used car loans with straightforward eligibility requirements. This simplification ensures a hassle-free approval process for a substantial loan by meeting these essential parameters.
- Nationality: Indian
- Age: 18 to 80*
- CIBIL Score: 700 or higher
- Salaried individuals: Individuals should have at least 1 year of experience and a minimum monthly salary of Rs. Rs. 20,000.
- Self-employed individuals: Applicant must submit an ITR proof of the last 2 years.
*Higher age limit is applicable at the time of loan maturity.
Used car loan interest rates in Rohtak
Although interest rates may differ among lenders, Bajaj Finance Limited distinguishes itself by providing competitive rates and flexible repayment plans, making it possible to turn your dream of owning a car into reality. You can visit fees and charges page on our website to learn more about our used car loan interest rates.
How to apply for a used car loan in Rohtak
Obtaining a used car loan from Bajaj Finance is a simple and user-friendly process. Follow this straightforward guide for a seamless online application:
- Visit the used car loan page and click 'APPLY.'
- Enter your mobile number and OTP for verification.
- Fill out the application form with personal details, including full name and email.
- If you've chosen a car, provide its details.
- Verify your KYC information, with the option to update details if needed, and schedule additional verification at a convenient time.
Upon submitting your application form, a Bajaj Finance representative will quickly contact you, guiding you through the subsequent steps. Our streamlined application process and minimal documentation ensure a smooth and efficient borrowing experience designed for your convenience.
