The festive season is a time when many of us dream of driving a new car, but budget constraints often steer us toward the practical choice of a used car. With their affordability and value, used cars are becoming increasingly popular. Yet, buying a used car still requires a sound financial plan. That’s where a used car loan comes into play. With the help of this loan product, you can convert the cost of your second-hand car into manageable monthly instalments.
Lenders like Bajaj Finance offer used car loans that come with simple eligibility criteria and minimal documents. Here are five compelling reasons why a Bajaj Finserv Used Car Loan is the ideal choice for your car purchase:
1. High-value loan: Bajaj Finance offers high-value loans of up to Rs. 77 lakh that allow you to purchase the used car of your choice without any budget constraint. Whether you wish to buy a sleek sedan or a sporty hatchback, this substantial amount makes it easier to purchase the vehicle you want without stretching your budget too thin.
2. Quick disbursal: When you choose a Bajaj Finserv Used Car Loan, you can benefit from their quick disbursal facility and get funds within 48 hours* of approval. This quick turnaround ensures you can seize the best deals on used cars without delays.
3. Flexible repayment tenures: Flexibility is key when it comes to managing finances. Bajaj Finance offers various repayment tenures, allowing you to choose a plan that fits your financial situation. You can choose a repayment period ranging from 12 months to 72 months. Whether you prefer a shorter term to pay off your loan quickly or a longer term for smaller EMIs, you can find an option that works for you.
4. Simple eligibility criteria and minimal documents: Applying for a Bajaj Finserv Used Car Loan is straightforward. With simple eligibility criteria and minimal documentation requirements, the process is hassle-free. This ease of application saves you time and effort, making the loan process as smooth as possible.
5. Easy online application: In today’s digital age, convenience is crucial. Bajaj Finance provides you with an easy online application process. You can visit the used car loan page on their website and fill in the online application form. Once you submit the form, a representative from Bajaj Finance will connect with you to guide you on further steps. You can also benefit from the doorstep document collection facility and complete your paperwork from the comfort of your home,
With high loan amounts, rapid disbursal, flexible repayment options, and an easy application process, Bajaj Finance ensures you can focus on enjoying your dream car rather than stressing over finances. You can also use the online used car loan EMI calculator available on the Bajaj Finserv website. This online tool helps you to find out your monthly instalments in advance, enabling you to make an informed decision. All you have to do is enter the loan amount, tenure, and rate of interest to calculate your monthly instalments.
Ready to drive away in your desired car? Go to the Bajaj Finserv website or download the app and start your application today.
*Terms and conditions apply
