Features and benefits of our used car loan

Features and benefits of our used car loan 01:02

All you need to know about our Used Car Loan

Looking to buy a used car? This video covers everything you need to know about our Used Car Loan, from features to benefits, helping you make the right choice with ease.

  • Feature

    3 unique variants

    We offer 3 unique variants for our used car loan – Term Loan, Flexi Term Loan and Flexi Hybrid Loan. Choose the one that works best for you.
  • Feature

    High-value finance

    Get asset-based finance of up to 115% of the car’s value at a competitive interest rate.
  • Feature

    Loan of up to Rs. 1.02 crore

    Get funds ranging up to Rs. 1.02 crore to bring your dream car home.
  • Feature

    Flexible tenures

    Repay your loan easily with convenient repayment options ranging from 12 months to 84 months.
  • Feature

    Money in your bank account in 48 hours*

    Get the used car loan amount credited to your account within 48 hours* of approval.
  • Feature

    Doorstep assistance

    Get doorstep support to complete your loan application process – from collecting documents to transferring your registration certificate.
  • Feature

    Pre-approved offers

    Check your pre-approved offer by simply entering your mobile number and OTP and get funds instantly.
  • Feature

    No hidden charges

    Our fees and charges are clearly mentioned on our loan documents and on this page. Read them in detail before applying.
  • *Terms and conditions apply
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Second-hand cars in India

Are you thinking about buying a car but want to save money? Have you considered exploring used cars that match your needs and budget? You are in the right place. On our platform, you will find a wide range of second-hand cars in India from trusted brands like Hyundai, Tata, Maruti Suzuki, Honda, Nissan, Kia, and many others. Whether you need a fuel-efficient hatchback or a spacious SUV for your family, we have something for everyone.

Buying a pre-owned car is not just cost-effective, it is also smart. Why pay more when you can get the same comfort, performance, and features at a lower price? Used cars often come with lower insurance costs, slower depreciation, and great value.

Our platform allows you to browse, compare, and select from a wide range of options quickly. But what about financing your used car purchase? With the Bajaj Finserv Used Car Loan, buying your preferred vehicle becomes easy and stress-free. Bajaj Finance offers high-value loans that come with simple eligibility criteria and minimal paperwork. You can check how much you are eligible to borrow in just a few clicks. This helps you plan better and focus only on the cars within your budget. Calculate your loan eligibility now.

Start your journey today and drive home a car that truly fits your life.

Popular used cars in India

The second-hand car market in India is booming, fuelled by the growing demand for reliable and versatile vehicles that cater to both urban commuting and longer road trips. Popular brands like Maruti Suzuki, Hyundai, Tata, Honda, Toyota, and Mahindra dominate the pre-owned car segment, offering a wide range of models that suit various preferences and budgets. Known for their durability, fuel efficiency, and performance, these brands are trusted by buyers across the country.

Whether you are looking for a compact car like the Maruti Suzuki Swift for daily city driving, a family-friendly sedan like the Hyundai Verna, or a spacious hatchback like the Tata Tiago for both city and highway travels, India's used car market offers plenty of choices. With both affordable and premium options available, buyers can easily find a vehicle that suits their requirements without compromising on quality or performance.

With a vast selection of models and price points, used cars in India provide the ideal combination of space, reliability, and value, making them an excellent choice for anyone looking for a dependable vehicle to navigate both busy city streets and long-distance journeys.

Reasons to buy used cars in India

Buying a used car in India offers several compelling benefits. Here are five key reasons why it’s a smart decision:

Cost savings: Used cars are significantly more affordable than new ones, allowing you to choose a higher-end model or one with better features within your budget, without compromising on quality and performance.

Lower insurance premiums: Insurance premiums are based on a vehicle’s value, and since used cars are less expensive, they generally come with lower premiums, helping you save money on insurance over time.

Slower depreciation: New cars lose value quickly, especially in the first few years. Used cars have already gone through the steepest depreciation, meaning you’ll retain more of the car's value over time.

Wide selection: The used car market in India offers an extensive range of models from trusted brands like Maruti Suzuki, Hyundai, Tata, and Honda. Whether you're looking for a compact car for city driving or a larger model for family trips, the variety is vast.

Access to premium models: Buying a used car enables you to own higher-end or luxury models at a fraction of the cost, giving you access to advanced features, technologies, and better performance without the hefty price tag of a new premium vehicle.

With these advantages, buying a used car in India is an excellent way to own a reliable, well-equipped vehicle that suits your budget and lifestyle.

Reasons to buy used cars in India

Buying a used car in India offers several compelling benefits. Here are five key reasons why it’s a smart decision:

  • Cost savings: Used cars are significantly more affordable than new ones, allowing you to choose a higher-end model or one with better features within your budget, without compromising on quality and performance.
  • Lower insurance premiums: Insurance premiums are based on a vehicle’s value, and since used cars are less expensive, they generally come with lower premiums, helping you save money on insurance over time.
  • Slower depreciation: New cars lose value quickly, especially in the first few years. Used cars have already gone through the steepest depreciation, meaning you’ll retain more of the car's value over time.
  • Wide selection: The used car market in India offers an extensive range of models from trusted brands like Maruti Suzuki, Hyundai, Tata, and Honda. Whether you're looking for a compact car for city driving or a larger model for family trips, the variety is vast.
  • Access to premium models: Buying a second-hand car enables you to own higher-end or luxury models at a fraction of the cost, giving you access to advanced features, technologies, and better performance without the hefty price tag of a new premium vehicle.
  • With these advantages, buying a used car in India is an excellent way to own a reliable, well-equipped vehicle that suits your budget and lifestyle.

How to apply for a used car loan online

Applying for a Bajaj Finserv Used Car Loan online is quick and easy. Just follow these simple steps:

  1. Click the 'Apply' button on this page and enter your registered mobile number to receive an OTP.
  2. Verify the OTP and click on 'Get Offer' to be directed to the pre-owned car loan section.
  3. On the loan page, click the 'Apply' button to begin the application process.
  4. Fill in your personal details, employment information, car details, and banking information.
  5. Once you submit the form, one of our representatives will contact you to guide you through the next steps.

You may have a pre-approved offer ready, which means your loan could be processed even faster. Just check your offer in a few clicks and plan your car purchase with confidence.