With features such as quick disbursal, high-value loans and an online application process, Bajaj Finance simplifies your borrowing experience.
In times of financial strain, many individuals turn to loans as a viable solution. While traditional loans might not always be readily available or suitable, exploring alternative borrowing options becomes essential. One such loan option that is gaining popularity and comes in handy during emergencies is a loan against car. This financial instrument allows you to leverage the value of your vehicle to access much-needed funds.
With Bajaj Finserv Loan Against Car, you get quick access to high-value funds that come in handy to manage your big and small expenses with ease. Additionally benefit from minimal documentation, simple eligibility criteria, and swift disbursal.
Here are 5 reasons why you should choose Bajaj Finserv Loan Against Car
High-value loans: When you choose a loan against car offered by Bajaj Finance, you get access to a substantial loan amount of up to Rs. 47 lakh. Whether you need funds to manage expenses related to higher education or an urgent medical emergency, this high-value loan helps you manage them all.
Flexible repayment tenures: Bajaj Finance makes repayment easy and convenient with flexible tenure options. You can repay your loan in small monthly instalments spread over a period of up to 72 months.
Flexi Loan facility: Bajaj Finance provides a loan against car in 3 unique variants – Term Loan, Flexi Term Loan and Flexi Hybrid Loan. When you choose either of these Flexi variants, a loan limit is assigned to you. You can withdraw funds from the loan limit as many times as you want and part-prepay your loan at no additional charges. However, with Flexi Loan variants, you have to pay interest only on the amount you withdraw and not the entire approved limit. If you opt for the Flexi Hybrid variant, you get the additional facility of paying interest-only EMIs for the initial tenure.
Quick disbursal facility: With Bajaj Finserv Loan Against Car, you can get the funds you need within just 48 hours* of approval. This fast disbursal facility ensures that you can manage your urgent expenses with ease.
Easy online application process: Bajaj Finance simplifies loan borrowing with its online application process. You can fill in the easy online application form with your basic details. Once you submit the form, you will receive a call from a Bajaj Finance representative who will guide through the next steps.
Obtaining a loan against your car can be a viable financial solution in times of need, offering access to funds while allowing you to retain ownership of your vehicle. If you are looking to get quick funds at competitive loan against car interest rates, Bajaj Finserv Loan Against Car can be the perfect solution.
Visit the Bajaj Finserv website or download the Bajaj Finserv app to apply for a loan against car today.
*Terms and conditions apply
