Bajaj Finance simplifies used car loans with hassle-free borrowing

With quick disbursal, simple eligibility and flexible repayment tenures, Bajaj Finance makes your borrowing easy and convenient. The used car market is booming in India and for a good reason. With the rising cost of new vehicles, many buyers are turning to used cars as a more affordable option. You can find quality used cars at a fraction of the cost of a new one, making it an attractive choice for budget-conscious buyers. However, even though used cars are more affordable, they still require a considerable sum of money. This is where a used car loan comes into play as it will allow you to split the cost of your used car into small monthly instalments.

Lenders like Bajaj Finance provide high-value used car loans that come with simple eligibility criteria and minimal paperwork. Here are some of the features of the Bajaj Finserv Used Car Loan that make borrowing simple.
Substantial loan amount:  Whether you are eyeing a budget-friendly hatchback or a premium sedan, Bajaj Finance helps out with high-value used car loans that cover the total cost of your desired vehicle. However, the loan amount depends on fulfilling the basic eligibility requirements as per the lender’s credit policy. With a Bajaj Finserv Used Car Loan, you can get up to Rs. 1.02 crore and bring home the car of your choice without any hassle.

Long repayment tenures: When you choose a used car loan offered by Bajaj Finance, you can benefit from flexible repayment tenure options that range between 12 months to 84 months. With a Bajaj Finserv Used Car Loan, select a repayment period that suits your financial comfort level. With longer repayment periods, monthly instalments become more manageable, easing the burden on your budget. This flexibility allows you to enjoy your dream car without compromising on other financial priorities.

Quick loan disbursal: In the fast-paced world we live in, waiting for financial approval can be a nerve-wracking experience. Bajaj Finance understands the need for speed and offers quick disbursal of your used car loan. With a Bajaj Finserv Used Car Loan, you can get the funds you need within 48 hours* of approval. This quick processing makes the purchase of your dream car smooth and convenient.

Simple eligibility criteria and minimal paperwork: Bajaj Finance provides used car loans that come with simple and straightforward eligibility criteria. Whether you are a salaried individual or self-employed, you can meet some basic parameters to qualify for a used car loan. With minimal documentation, Bajaj Finance ensures that the application process is stress-free, helping you get your loan approved quickly.

Easy online application process: The used car loans from Bajaj Finance come with an easy online application process. All you have to do is go to the used car loan page on the Bajaj Finserv website and fill in the application form. Once you submit the form, a representative from Bajaj Finance will reach out to you to guide you on further steps. You can also benefit from the doorstep document collection facility and finish your paperwork from the comfort of your home. Alternatively, you may use the Bajaj Finserv app to apply for a used car loan.

In conclusion, the Bajaj Finserv Used Car Loan is an easy, transparent, and affordable way to finance your car purchase. With quick disbursal, simple eligibility, minimal paperwork, and competitive interest rates on a used car loan, Bajaj Finance simplifies the entire process, making car ownership easy and stress-free. Ready to drive your dream car? Go to the Bajaj Finserv website or download the app to start your used car loan application today.
*Terms and conditions apply