✓ Interest Rates Starting @ 10.50% ✓ Loan of up to ₹77 Lakhs ✓ Quick Disbursal Apply Now

A car can make your commute and trip much more cost-efficient and convenient. If you are exploring different ways to finance your next car purchase, here’s a great option for you. Get used car finance to borrow amounts of up to 100% of your second-hand car’s price. You can now get a used car loan at low interest rates on Bajaj Markets. Here are some basic features of the loan:

  • Interest Rate: 10.50% p.a. onwards
  • Loan Amount: Up to ₹77 Lakhs
  • Loan Tenure: Up to 72 months

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Here are some important details of used car finance that you should know about prior to applying.


Minimum Interest Rate

Maximum Loan Tenure

Bajaj Finserv

10.50% p.a. onwards

6 Years

How to Apply for a Used Car Loan

Apply for a used car loan easily by following the steps listed below.

  • Enter your basic details

  • Fill in the required loan amount and preferred tenure

  • Select a loan offer from the options that appear on your screen

  • Once your application has been submitted and verified, a loan representative will get in touch with you for further processing.

car loan

Eligibility Criteria

Check out these basic eligibility criteria that you may be required to fulfil in order to secure a used car loan.

  • Your age must be between 18-80 years
  • You should have a CIBIL score of 720 or above
  • You should be an Indian citizen
  • You should be either self-employed or salaried
  • As a salaried applicant, you should have a minimum work experience of 1 year
  • As a salaried applicant, you should have a minimum monthly salary of ₹20,000

Documents Required

Provided below is a list of documents you will be required to submit when applying for a Bajaj Finserv Used Car Loan.

  • KYC Documents: Aadhaar Card, Passport, Voter ID
  • PAN Card
  • Employee ID Card
  • Salary slip of last 2 months
  • Bank account statements of last 3 months
  • Vehicle registration certificate
  • Vehicle insurance copy
  • ITR proof of last 2 years (if self-employed)

Features and Benefits

Maximum Funding

You can get a loan of up to 100% of your used car’s value.

Low Interest Rates

The Used Car Loan interest rates start at just 10.50% p.a.

Flexible Repayment Tenures

You can choose a repayment tenure between 12 to 72 months as per your convenience.

Minimal Documentation

Enjoy simpler and more convenient documentation with a digital application process.

Quick Disbursal

You can get the sanctioned amount within 48 hours after the approval has been received.

No Hidden Charges

Enjoy complete transparency with a Used Car Loan, that comes with zero hidden charges.


Yes , you can get a used car loan, which is now available on Bajaj Markets.

Yes, you can get a used car loan on Bajaj Markets and borrow up to 100% of your second-hand car’s value.

Used car loan interest rates start from 10.50% p.a. The rate offered to you depends on your eligibility.

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