Used Car Loans in Vijayawada

Looking to buy a second-hand car in Vijayawada? You are not alone. With its growing urban footprint, convenient roadways, and rising living standards, Vijayawada is seeing an increase in demand for used cars. Pre-owned vehicles offer value for money and are often easier to maintain, making them a smart choice for many residents.

Used car loans in Vijayawada

For many, purchasing a new vehicle can be financially overwhelming. This is where a used car loan in Vijayawada offer a practical solution, making it easier to own a car without straining your finances. To make the process even simpler, Bajaj Finance offers high value used car loans tailored to your needs in Vijayawada. Whether you are upgrading to a bigger car or buying your first one, financing can be quick and stress-free.

You can also check if you already have a pre-approved used car loan offer in Vijayawada. The entire process is online, no branch visit required. Speed up your journey to car ownership today

Let us explore in detail how a used car loan from Bajaj Finance can help you own a car affordably and conveniently.

Features and benefits of used car loans in Vijayawada

Bajaj Finserv Used Car Loan comes packed with useful features designed for convenience and flexibility. Here is what you get:

• Loan up to Rs. 1.02 crore: Get access to high-value funding, so you can choose the car that suits your lifestyle and budget.

• Get funds in 48 hours* within approval: Enjoy fast disbursal of your loan amount after approval, so you can complete your purchase without delays.

• Funding up to 115% of car’s value: You may be eligible to borrow more than the current market value of your vehicle, giving you added financial comfort.

• Tenure up to 84 months: Spread your repayments over a long period to keep your monthly EMI manageable.

• Interest-only EMIs in the beginning: With Flexi Hybrid Loan variant, pay only the interest amount for the initial part of the tenure and reduce your monthly burden.

• Doorstep document collection: Submit your paperwork from the comfort of your home, with no need to visit a branch.

• Part-prepay at no extra cost: With Flexi Loan Variants, you can part-prepay your loan whenever you have surplus funds — without penalties.

Eligibility criteria for used car loans in Vijayawada

Getting a used car loan with Bajaj Finserv is easy. Here is what you need to qualify:

• Nationality: You must be an Indian citizen.

• Age: 18 to 80 years*

• CIBIL Score: 700 or higher

• Salaried individuals: Must earn at least Rs. 20,000 per month and have 1 year of work experience.

• Self-employed individuals: Must submit ITR for the last 2 years.

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

Checking your loan eligibility is a simple and online process. Check your used car loan eligibility in a few clicks without visiting a branch.

Additional read: How to calculate your used car loan eligibility

Used car loan interest rates in Vijayawada

Interest rates for used car loans may vary depending on your profile, car value, and loan terms. Bajaj Finance offers competitive interest rates to help you keep your EMIs affordable.

You can also choose from multiple repayment options and flexible tenures to suit your monthly budget. For the most accurate and updated information, we recommend checking our fees and charges for second-hand car loan page.

How to apply for used car loans in Vijayawada

Applying for a Bajaj Finserv Used Car Loan is simple and 100% online. Here is how you can do it:

1. Visit the used car loan page.

2. Click on the ‘APPLY’ button.

3. Enter your mobile number and verify with OTP.

4. Fill in your personal and financial details.

5. Share your chosen car’s details (if already selected).

6. Upload your KYC documents and schedule a doorstep document pickup, if needed.

7. Submit the application and await a call from our representative.

Once approved, you can receive the funds in your account within 48 hours*.

You might also have a pre-approved offer ready for you that will fast-track your loan process. Check your pre-approved used car loan offer in Vijayawada and start your journey towards car ownership today.

Owning a car in Vijayawada is no longer a distant dream. With a Bajaj Finserv Used Car Loan, you can drive home the vehicle of your choice with minimal hassle. From high loan amounts and fast approvals to a completely online process, everything is designed to make financing simple and seamless.

Explore your options today and experience the joy of owning a car in your city.