Planning on purchasing a pre-owned car-avail personal loan for used cars from Bajaj Finserv

Increase in disposable income, evolving lifestyle preferences backed by great finance options, organized work ethos of branded car aggregators and great after sale experiences has inclined the buyer's trend towards used cars over brand new options.

The pre-owned car market is turning out to be a game changer. While the sales of new cars is witnessing a slowdown over the last couple of years, the trade buzz in the category of used cars or pre-owned cars is growing considerably. In 2018 -2019 the new car sales in India were observed at 3.6 million units and the used car sector experienced the buying and selling of over 4 million units.

Various factors like affordability, practical up gradation to a premium car, value for money and short-term purchases supporting to changing preferences drive the decision making towards the pre-owned car segment. Bajaj Finance Ltd, the lending and investment arm of Bajaj Finserv, also offers personal loan for used cars to provide for easy financing options with multiple customer friendly facets.

The high personal loan amount approval and quick disbursal, flexible repayment tenors, industry competitive interest rates are some of the great features attached to the personal loan for used cars category offered by Bajaj Finserv.

Some of the key elements that make this loan such buyer friendly options are as follows:

A personal loan of up to Rs 25 lakh is available that can make a premium used car purchase possible for you.

With the flexi loan facility, you can reduce your EMIs by up to 45 per cent.

Bajaj Finserv personal loan for used car also considers the long-term financial responsibilities of the buyer. The flexible repayment tenor ranging up to 60 months is designed for utmost buyer convenience and financial comfort, so it does not take toll on your other monetary responsibilities.

The personal loan for used car by Bajaj Finserv is a collateral free loan option that does not stress you out by the requirement of pledging collateral. The terms and conditions involved are extremely easy to comprehend and there are no hidden costs involved thus making the entire process smooth and transparent.

To further enhance your car loan experience, the online application process equipped with online loan eligibility calculator and anytime anywhere account accessibility option makes the entire purchase experience quick and stress free thus allowing you to completely concentrate on purchasing your favourite car and creating new experiences. So, take your time in choosing your most preferred car through the most preferred financing solution - personal loan for used cars by Bajaj Finserv.

This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article.