Bajaj Finance simplifies car ownership with a hassle-free new car loan
High-value loans, flexible repayment tenures and quick approvals make car loans an ideal financing solution.
The festive season is upon us, and for many, it's the perfect time to fulfil that long-awaited dream of driving a brand-new car. With celebrations in full swing, the joy of acquiring a new vehicle becomes even more special. But let's face it—buying a car is a significant financial commitment. That’s where a car loan comes into play, making your dream car more accessible than ever. With the help of car loans, you can spread the cost of your car into manageable monthly instalments.
Lenders like Bajaj Finance provide new car loans that come with simple eligibility criteria and minimal documents. Here are four reasons why you should opt for a Bajaj Finserv New Car Loan to fund your new car purchase.
High-value loan amount: Whether you’re eyeing a luxury model or need extra funds to purchase a top-tier variant, Bajaj Finance got you covered. With a Bajaj Finserv New Car Loan, you can get a substantial loan amount of up to Rs. 10 crore. This high-value car loan amount ensures you get the necessary funds to cover the cost of your dream car without compromising on your choices.
Quick approval: Time is of the essence, especially during the festive season. Bajaj Finance’s quick approval process ensures that you get your loan approved swiftly, allowing you to drive away in your new car sooner.
Flexible repayment tenures: Bajaj Finance offers new car loans that come with an extended repayment period of up to 96 months. This long repayment period allows you to convert the cost of your new car into small monthly instalments.
Simple eligibility criteria and minimal paperwork: Fulfilling car loan eligibility can often be a stumbling block, but Bajaj Finance makes it straightforward. You can qualify for a Bajaj Finserv New Car Loan if you are a resident Indian citizen aged between 18 and 80 years* and have a CIBIL Score of 700 or higher. If you are a salaried individual, you should have a minimum monthly salary of Rs. 25,000. However, self-employed individuals need to submit an ITR proof for the past two years. Once you fulfil these basic car loan eligibility criteria, you need to submit a few documents. These include KYC documents, the PAN card, salary slips, bank account statements and the employee ID card.
If you’re excited about the idea of a new car and want a hassle-free financing option, Bajaj Finserv New Car Loan is the way to go. With high loan amounts, minimal paperwork, simple eligibility, quick approval, and flexible repayment tenures, it’s never been easier to drive away in your desired car. Make this festive season truly special by bringing home the car that you have always wanted.
Ready to get behind the wheel of your new car? Visit the Bajaj Finserv website or download the app and start your new car loan application today.
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