Have you ever dreamt of driving a brand-new stylish car but hesitated due to a hefty price tag? Imagine cruising down the highway in your dream car without any financial strain. Sounds interesting, right? With Bajaj Finserv New Car Finance and quick loans, turning this dream into a reality is easier than ever. Let’s explore how Bajaj Finance simplifies car ownership with its hassle-free financing solution.
Why Bajaj Finserv New Car Finance Is Your Ideal Choice
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- High-Value Loans: Purchasing a brand-new car is a big-ticket expense. This is where a car loan comes in handy. Whether you are eyeing a brand-new sedan or a rugged SUV, Bajaj Finserv New Car Finance has got you covered with a high-value loan. Bajaj Finance offers a substantial loan amount of up to Rs. 10 crore that allows you to purchase your desired car without any budget constraint.
- Speedy Approval: When it comes to securing a car loan, ease and speed are paramount. Financing your new car purchase is simple with Bajaj Finserv New Car Finance. You can benefit from the quick approval facility and drive home the car of your choice without any unnecessary delay.
- Simple Eligibility Criteria and Minimal Paperwork: Bajaj Finance offers new car loans that come with simple eligibility criteria and minimal documentation. You can easily qualify for a car loan if you are a resident Indian aged between 18 and 80 years* with a CIBIL Score of 700 or higher. If you are a salaried individual, a minimum monthly salary of Rs. 25,000 is required. However, for self-employed individuals. IT proof of the past 2 years is mandatory. Apart from fulfilling these simple eligibility parameters, you will be asked to submit just a few documents. These include KYC documents, PAN card, Employee ID card, salary slips, bank account statements, and more.
- Flexible Repayment Tenures: With Bajaj Finserv New Car Finance, you can choose from a repayment period ranging from 12 months to 96 months. This long repayment tenure allows you to spread the cost of your new car into manageable monthly instalments that are easy on your pocket. You can also utilise the car loan calculator to evaluate your EMI amount in advance. With this new car loan EMI calculator, you can easily find out your EMI beforehand which helps in planning your budget effectively.
- Flexi Facility: Bajaj Finance offers three unique new car loan variants – Term Loan, Flexi Term Loan, and Flexi Hybrid Loan. If you opt for any of the Flexi variants, a loan limit is assigned to you, and you can withdraw from this approved limit as many times as you want. However, interest is charged only on the amount you withdraw and not the entire approved limit. You can also part-prepay your Flexi Loan as many times as you can without paying any additional cost. If you choose the Flexi Hybrid Loan, you get the additional benefit of paying interest-only EMIs for the initial tenure.
With Bajaj Finserv New Car Finance, car ownership isn’t just a possibility; it’s a straightforward path to your dream vehicle. This product not only provides you with quick access to high-value financing but also makes your repayment easy with flexible tenure options. If you are looking to fund your new car purchase, choose new car loans offered by Bajaj Finance for a hassle-free experience.
Visit the Bajaj Finserv website to apply for a new car loan today.
*Terms and conditions apply
