Visakhapatnam, a vibrant city in Andhra Pradesh, is steeped in rich cultural history. The city showcases the fine architecture of the various dynasties that once ruled the region. With its picturesque coasts and majestic hills, Visakhapatnam strikes the perfect balance between nature and urbanization. While the city boasts a robust transport infrastructure, including buses and trains, driving your own car offers the freedom to explore the city at your own pace. For many residents, obtaining a used car loan in Visakhapatnam has become a popular choice, making car ownership more accessible. The growing demand for used car loans in Visakhapatnam ensures that more people can enjoy the convenience and flexibility of having their own vehicle.
Used car loans in Visakhapatnam
Discover the splendour of Visakhapatnam with the help of a used car loan from Bajaj Finance. Benefit from speedy loan approvals and quick processing. These loans allow you to purchase a vehicle that suits your needs and budget without having to pay a large chunk of money up front.
Used car loans in Visakhapatnam also help you to manage your finances more effectively by allowing you to return it in manageable payments over time.
Features and benefits of used car loan in Visakhapatnam
A used car loan in Visakhapatnam provides several advantages that make it easier to buy a pre-owned vehicle. The benefits are as follows:
- High-value financing
Get the most out of the value of your used car with asset-based financing. You can get up to 115% of the car's value at competitive interest rates, making it a cost-effective choice. - Loan amount of up to Rs. 1.02 crore
Get a significant loan amount of up to Rs. 1.02 crore for the four-wheeler of your preference. - Funds in 48 hours*
Following approval, you can access the funds to purchase your desired pre-owned vehicle within 48 hours*. - Flexible repayment plans
Repay easily by choosing from convenient tenures of up to 84 months. - Doorstep support
Enjoy the ease of submitting your documents at your doorstep to our representative without any hassles. - Flexi Loan variants
Our used car loans come with unique Flexi Loan variants that provide additional benefits, such as multiple fund withdrawals and part-prepayment at no additional cost.
Eligibility criteria for a used car loan in Visakhapatnam
Get Bajaj Finserv Used Car Loans by meeting the easy eligibility criteria and providing minimum documentation.
To receive a used automobile loan in Visakhapatnam, here are the eligibility requirements:
- You must be an Indian citizen.
- Your age should fall between 18 and 80 years*.
- Salaried professionals require at least 1 year of work experience and a monthly income of Rs. 20,000. Self-employed applicants must show ITR documentation of the last 2 years.
- Applicants must have a CIBIL Score of 700 or higher.
Used car loan interest rates in Visakhapatnam
Bajaj Finance offers affordable interest rates on used car loans. Check out our fees and charges page to find out more about used car loan interest rates in Visakhapatnam.
How to apply for used car loans in Visakhapatnam
Obtaining a used car loan from Bajaj Finance is effortless. Just follow these steps:
- Go to our used car loan page and click the 'APPLY' option.
- Verify your 10-digit mobile number with the OTP that you receive on your phone.
- Enter a few personal details, such as full name, phone number, email address, and so on.
- Provide the car details if you have found one you want to buy.
- Confirm or modify your KYC details and move ahead to schedule an appointment for additional verification.
Our dedicated representative will contact you to streamline the loan application process. Bajaj Finserv Used Car Loans offer an affordable and hassle-free way to buy a pre-owned car in Visakhapatnam. Get high-value financing with competitive interest rates and flexible repayment plans. Get your car with a Bajaj Finserv Used Car Loan and convenient travel in and around the coastal city of Visakhapatnam.
