Bajaj Finserv offers a new car loan with an impressive range, providing loan amounts from Rs. 1 lakh up to Rs. 10 crore. Interest rates can go up to 12% per annum. Prospective car owners can secure up to 100% of the on-road price with minimal documentation and flexible loan tenures ranging from 12 to 96 months. Approval tends to be quick, with over 3 lakh customers trusting this service already. Repayments are convenient, with no hidden charges, and EMI calculation tools are available online for accurate planning.

Step-by-Step Application Process

To start your application for a Bajaj Finserv new car loan, click the “Apply” button to access the form. Fill in personal details, car information, and bank particulars, then submit. Next, complete the process offline by visiting your chosen dealership, where a representative will guide you through the remaining steps and finalise your car purchase and loan.

Advantages of Bajaj Finserv Car Loan

One major benefit is financing up to 100% of the car’s price, making a new car accessible without a hefty upfront investment. Flexible tenure lets you tailor repayments between one and eight years. Minimal paperwork and transparent fees add to the appeal, offering peace of mind and convenience.

Considerations to Keep in Mind

On the downside, interest rates can go up to 12% per annum, which might be higher than some rivals for specific profiles. Additionally, post-application, you must complete some steps offline, which may not suit customers preferring a fully digital experience. Stamp duty and other charges vary depending on the state.

Our Verdict on Bajaj Finserv New Car Loan

Bajaj Finserv’s new car loan is a robust option, especially for buyers wanting high-value financing and flexible terms. The straightforward application and transparent policies make it an attractive choice. However, borrowers should compare offerings and consider total costs before finalising.