With flexible repayment tenures, high-value loans and simple eligibility criteria, Bajaj Finance makes borrowing convenient for you.
Owning a new car is a special milestone. It adds comfort to your daily routine and brings
convenience to your lifestyle. However, buying a car involves a considerable expense, and
not everyone may want to make a full payment upfront. This is where a car loan
becomes a practical solution. With the right loan, you can break the total cost of the car into manageable monthly instalments, making ownership easier and more affordable.
Lenders like Bajaj Finance offer new car loans that come with simple eligibility criteria and
minimal paperwork. This loan product makes your car purchase simple and hassle-free.
Here are five reasons why you should choose a Bajaj Finserv New Car Loan:
1. Up to 100% financing of on-road price: One of the common challenges when buying a
new car is arranging the down payment. Bajaj Finance eliminates this hurdle by offering up
to 100% financing on the car’s on-road price. This means you can fund the entire cost of
your car through a loan. However, the final loan amount depends on your eligibility.
2. High-value loan amount: Whether you plan to buy a small family car or a high-end luxury vehicle, Bajaj Finance offers new car loans of up to Rs. 10 crore. This car loan gives you the flexibility to choose a car that truly matches your lifestyle and preferences. You are not restricted by loan limits. You can select the model and variant that suits your requirements, without making financial compromises.
3. Flexible tenure of up to 96 months: A longer repayment period often means lower
monthly instalments, making it easier to manage your finances. With the Bajaj Finserv New
Car Loan, you can choose a repayment tenure between 12 months and 96 months,
depending on what suits your income and expenses. To make the process easier, you can
use the car loan EMI calculator to estimate your monthly EMI in advance. This tool helps you understand your repayment amount based on the loan amount, interest rate, and tenure.
4. Quick approval and minimal paperwork: When you have decided on the car you want,
waiting for a loan approval can slow things down. Bajaj Finance understands this urgency
and offers a quick approval facility. With quicker approvals, you do not have to put your car
purchase on hold.
5. Simple eligibility criteria and minimal paperwork: Applying for a car loan should not
feel like a long or complicated process. With the Bajaj Finserv New Car Loan, the application
process is straightforward, and the required documents are minimal. Whether you are a
salaried employee or self-employed, the eligibility criteria are easy to meet, and you are
required to submit just a few documents as part of the application process. This means you
spend less time dealing with paperwork and more time selecting your dream car.
A new car offers freedom, comfort, and joy—but it also comes with a price tag. With a Bajaj
Finserv New Car Loan, that price becomes much easier to manage. From high loan amounts to flexible tenure and quick approval, this loan is designed to make car ownership simpler for everyone. Before applying, you can also use the online car loan EMI calculator available on the Bajaj Finserv website. This helpful tool allows you to try different combinations of loan amounts, interest rates, and tenures. You will instantly see the monthly EMI that works best for you. It helps you make informed financial decisions. You know exactly what to expect and can plan your monthly budget accordingly.
Whether you are buying your first car or upgrading to a better one, Bajaj Finserv New Car
Loans ensure the process is smooth, quick, and hassle-free.
Ready to bring home your desired car? Go to the Bajaj Finserv website or download the app
to know more about new car loans offered by Bajaj Finance.