Bajaj Finserv Used Car Loan Interest Rate

Particular Charges
Interest Rate Starting from 12.99%
Processing Fee 2% of Loan Amount
Penal Charges 2%/ month + applicable taxes
Foreclosure Charges 4% + applicable taxes

Required Documents for Bajaj Finserv Used Car Loan

  • KYC Documents: Voter ID/ Passport/ Aadhar Card/ Driving License/ PAN Card/ NREGA.

  • Last 3 months bank statements.

  • Last 3 months salary slips for salary employees.

  • For self employed, last 2 years Income Tax Returns.

Eligibility Criteria for Bajaj Finserv Used Car Loan

  • For salaried employees, age should be 21 to 60 years and For self employed, age should be 25 to 60 years.

  • Minimum 1 year work experience required for salary employee.

  • For salary employee, minimum monthly salary should be Rs. 23,000.

  • Only applicable for private vehicles with no more than 3 previous owners.

  • Car age should be 10 years at the end of the loan.

Bajaj Finserv Used Car Loan Process

Follow these simple steps to get a Bajaj Finserv used car loan:

  1. Choose a Car: Select a car you wish to buy.

  2. Apply for Used Car Loan: Apply and get instant approval for used car loan Hyderabad.

  3. Documentation Submission: Door step service provided for documents submission.

  4. Dealer Recieves Money: The Dealer revieves the money in 48 hours

  5. You are a Car Owner: You are a car owner now.

Features and Benefits of Bajaj Finserv Used Car Loan

  • Affordable and high value finance

  • Car care service

  • Free report for car fitness

  • Door step service

  • Get the best offers on Bajaj Finserv EMI card