BUYING
Your home loan may only cover 80% of the total price. You can get a loan against car to pay for the rest of the price, the broker's fee, the stamp duty, and other expenses.
RENOVATION
We all have times when we want to change the bedroom or get a new couch for the living room. As kids get older, they may need their own space. You would not want to hold back from making these expenses for a more comfortable life.
FURNISHINGS
Sometimes, all you need to turn your apartment into a luxury home is furniture, upholstery, and lights. While these may seem like small expenses to make, but when you want to change the look of your entire house, it may end up as a larger expense.
Frequently asked questions
Bajaj Finserv Loan Against Car is a loan that allows pledging your car to get a loan. We offer up to Rs. 102 lakh with a repayment tenure ranging up to 84 months.
A loan against car can be availed of by anyone who owns a car, meets the minimum eligibility criteria and submits the required documents.
A car verification and valuation will be performed on the vehicle you pledge as a security.
The guarantor is not required as the vehicle serves as a security.
All vehicles including hatchbacks, sedans and more are eligible for a loan against car. Models that are out of production are however not eligible for a loan against car. Funding against commercial/ yellow number plate cars is not available.
Simply click on the 'Apply’ button to open the online application form. Once you share your basic details, our representative will call and help you with the further process. Submit the required documents to our representative. Once your documents are verified and your loan is approved, you will get the money in your account.
The repayment period for the loan ranges from 12 months to 84 months.
A loan against car for home expenses works like any other secured loan. You need to fulfil the required loan against car eligibility criteria and fill out a simple application form. Based on the valuation of your car, a loan amount is defined for you. You can either choose to go ahead with the same amount or opt for a lower amount as per your requirement.
Bajaj Finance offers a loan against car that comes with the flexibility of end use and helps you manage significant and small home expenses. When you choose Bajaj Finserv Loan Against Car, you can get up to Rs. 102 lakh for your financial needs.
A loan against car comes with the flexibility of end use and you can easily manage expenses related to home repairs or renovations. With Bajaj Finserv Loan Against Car, you get funds up to Rs. 102 lakh with minimal paperwork.
The loan amount you can borrow depends on the valuation of your car, your eligibility, and a few other factors. Bajaj Finserv Loan Against Car comes with a high-value loan of up to Rs. 102 lakh and flexible repayment tenure of up to 84 months. Use our loan against car EMI calculator to determine what your monthly instalments would be.
It is advisable to maintain a good credit score if you are looking to apply for a loan against car. A healthy CIBIL Score helps you to get a loan against car for home expenses at competitive interest rates.
Bajaj Finance offers a loan against car that comes with minimal paperwork and quick disbursal. With our loan against car, you get funds in just 48 hours of approval.
