Bajaj Auto Credit vehicle loans compared
Every vehicle loan Bajaj Auto Credit offers, with the figures it publishes. Where a figure is not published, ask for it in the Key Fact Statement before you apply.
| Loan | Published rate | Max tenure | Funding |
|---|---|---|---|
| Two-Wheeler Loan | Up to 30% p.a. | 3-60 months | Rs 9,999 to Rs 20 lakh |
| Three-Wheeler Loan | Up to 30% p.a. | 3-84 months | Rs 10,000 to Rs 5 lakh |
| Electric Vehicle Loan | Up to 30% p.a. | 3-84 months | Rs 10,000 to Rs 5 lakh |
Bajaj Auto Credit publishes a maximum annualised customer IRR of up to 30%; actual offers are usually below the cap.
What kind of loan provider Bajaj Auto Credit is
Bajaj Auto Credit is a non-banking finance company (NBFC) regulated by the RBI. NBFCs often lend to people banks may turn down, such as first-time borrowers, farmers or self-employed people with irregular income, and reach smaller towns through dealers. In return their rates and fees are usually higher than a bank's, so they suit you best when a bank loan is not available or is much slower.
Captive financier of Bajaj Auto, financing Bajaj two-wheelers, three-wheelers and Qute
Group: Bajaj Auto Ltd (Bajaj Group).
How to apply for a Bajaj Auto Credit vehicle loan
- Pick the vehicle and get a dealer quotation with the on-road price.
- Apply on the loan provider's website, app or through the dealer; NBFCs often decide within a day or two.
- Share KYC, income proof (salary slips, ITR, bank statements or farm income records) and the quotation.
- Read the Key Fact Statement: rate, APR, fees and the repayment schedule.
- Sign, pay the down payment, and the loan provider pays the dealer. Its name is recorded on the RC until you repay.
Before you sign
- Get the Key Fact Statement (KFS). RBI requires loan providers to give you a KFS before you sign, showing the interest rate, all fees, the annual percentage rate (APR) and the total amount you will repay.
- Compare the APR, not the headline rate. A low rate with a high processing fee can cost more than a slightly higher rate with no fee.
- Ask about pre-closure charges. Fixed-rate vehicle loans often carry charges for paying early; floating-rate loans to individuals cannot.
- Check what is bundled. Insurance, extended warranty or accessories added to the loan raise the amount you pay interest on. You are free to buy insurance elsewhere.
- Make sure the hypothecation is recorded and later removed. The loan provider's name is noted on the registration certificate; after the last EMI, collect the NOC and get it removed at the RTO.
Compare with other loan providers
Other vehicle loans from Bajaj Auto Credit:
Buying a used car? Read the used car loan guides
A second-hand car changes the rate, the tenure and the paperwork. These guides cover rates by loan provider, car age limits, valuation, down payment and RC transfer.
Compare Bajaj Auto Credit with other loan providers
See Bajaj Auto Credit's published vehicle loan rates, fees and tenure next to another bank or NBFC.
Frequently asked questions
Which vehicle loans does Bajaj Auto Credit offer?
Two-wheeler loan, three-wheeler loan, electric vehicle loan, according to its website (checked 4 October 2026).
What is Bajaj Auto Credit's lowest vehicle loan rate?
Bajaj Auto Credit does not publish rates on its website that we could verify; ask for the Key Fact Statement.
Is Bajaj Auto Credit safe to borrow from?
Bajaj Auto Credit is regulated by the Reserve Bank of India. Apply only through its official website, app, branches or authorised dealers, and never pay an upfront fee to an agent.
Do I need an account with Bajaj Auto Credit to get a vehicle loan?
Usually not, but existing customers often get faster approval and sometimes a better rate or a pre-approved offer.
How do I compare Bajaj Auto Credit with other loan providers?
Ask each loan provider for the Key Fact Statement and compare the APR and total repayable amount, not just the headline rate. Our loan provider comparison lists the published figures side by side.
KhatuLoans is not a loan provider and is not paid by the loan providers or brands named here to rank them. Rates, fees and prices change; always confirm with the loan provider and dealer. Read our editorial policy and how we make money.