Frequently asked questions
For a Bajaj Finance New Car Loan, the processing fee can go up to 2.95% of the loan amount. This is inclusive of applicable taxes.
On the part-payment amount paid, there is a fee of up to 4.72% (inclusive of applicable taxes). However, there are no part-prepayment fees if you apply for one of our flexi loan options.
When an EMI payment cannot be completed because of inadequate funds, a bounce charge is levied. For each instance of missed EMI, we charge Rs. 1,500 as a bounce fee.
Delay in payment of monthly instalment shall attract penal interest at the rate of 3.50% per month on the monthly instalment outstanding, from the respective due date until the date of receipt of monthly instalment.
You can get a Bajaj Finance New Car Loan at a reasonable interest rate starting at 0% to 14% p.a.
Read more about our new car finance
You can pay back your new car loan within 12 months to 96 months. You can therefore spread out your EMIs over a maximum of 8 years.
