Bajaj Finance

Bajaj Finance Car Loan

Interest from

9.00%

p.a. reducing

Loan amount

₹1 L – ₹50 L

secured

12–72 moTenure

2%Processing fee

Check Your Offer →Compare View full details

OTP-verified soft check · won’t affect your credit score · DPDP-consented

Calculate your EMI

Move the sliders to see monthly EMI, total interest, and total cost of this loan.

Loan amount₹8,00,000

Tenure5 years

Interest rate9.00%

Your actual rate depends on your credit profile, income, and employer category.

Monthly EMI

₹16,607

Total interest

₹1,96,401

Total payment

₹9,96,401

Processing fee (2%)

₹16,000

Total cost of this loan

✨ interest + processing fee

₹2,12,401

Interest Rate9.00% – 15.00%Floating

Max Amount₹50 Lfrom ₹1 L

Tenure1 yr – 6 yrs

Processing Fee2%

✓ Best for

Buyers with CIBIL 685–720 and Bajaj Finserv customers wanting door-step service.

Key highlights

Accepts lower CIBIL scores (685+)
Door-step documentation
Pre-approved offers for Bajaj Finserv customers

Total cost of this loan

For a ₹8 L loan over 5 yrs at 9.00% — your best-case scenario.

Monthly EMI: ₹16,607
Total interest: ₹1,96,401
Processing fee (2%): ₹16,000
Total cost: ₹2,12,401

You repay ₹10,12,401 for ₹8,00,000 borrowed.

Customize amount, tenure & rate in the EMI calculator above ↑

Rate and prepayment

This is a floating-rate loan. No prepayment penalty — you can foreclose or pre-pay any amount at any time, free of charge (RBI mandate for floating-rate individual loans).

Compare Bajaj Finance with other car loan lenders

Data verified — last updated April 2026

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About Bajaj Finance

Type: NBFC
Established: 1987
Headquarters: Pune
Rating:4.0/5

India’s largest NBFC by book size. Pre-approved personal loans with 15-minute disbursal, flexible EMI options.

Visit Bajaj Finance website

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Car insurance is mandatory

Third-party motor insurance is required by law in India. Compare comprehensive plans that also cover own damage and roadside assistance.

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