Factors that Affect Bajaj Finance Pre owned car loan

  • Principal- The principal is the Bajaj Finance Pre owned car loan amount that you avail from the lender or banker. It is directly proportional to your other EMIs - lower principal of loan will lower your monthly instalments and vice versa.
  • Rate of interest- The rate of interest is the rate at which the lender or banker offers you the Bajaj Finance Pre owned car loan. It is also directly proportional to the value of your Bajaj Finance Pre owned car loan EMIs.
  • Tenure- The tenure is the time within which you repay your Bajaj Finance Pre owned car loan. The tenure is inversely proportional to your other loan EMIs - longer tenure makes the monthly installments or EMI amount cheaper and vice versa.

Things to consider that affect the Bajaj Finance Pre owned car loan:

  1. Income Levels
  2. Stability of Income
  3. Vehicle or car type 
  4. Credit History( loan repayment history)
  5. Employment Status for Salaried
  6. Business Longevity for Self-employed 
  7. Relationship with Lender or banker
  8. Category of Your Employer




  • Allahabad Bank