About Us Contact us Disclaimer Privacy Policy Terms and Conditions
HOME PERSONAL LOAN HOME LOAN VEHICLE LOAN CREDIT CARD CREDIT SCORE

How to apply loan for Maruti Suzuki Baleno | Maruti Suzuki Baleno ke liye loan kese le

A car loan is a financial arrangement allowing individuals to buy a vehicle by borrowing money from a lender. Over a set period, usually 3 to 7 years, borrowers repay the loan amount plus interest. Often, the vehicle acts as collateral to secure the loan.

car loan picture

About Maruti Suzuki Baleno

The Maruti Suzuki Baleno is a popular hatchback produced by Maruti Suzuki, one of India's leading automobile manufacturers. Launched in 2015, the Baleno is known for its spacious interior, fuel efficiency, and modern features. It offers both petrol and diesel engine options and has gained popularity for its blend of comfort, style, and performance in the hatchback segment.
car loan picture

Maruti Suzuki Baleno Specifications

Engine Options:

  • Petrol: 1.2-liter K-Series VVT engine
  • Diesel: 1.3-liter DDiS diesel engine

Transmission Options:

  • 5-speed manual transmission
  • CVT automatic transmission (available in select variants)

Dimensions:

  • Length: Around 3,995 mm
  • Width: Around 1,745 mm
  • Height: Around 1,510 mm
  • Wheelbase: Around 2,520 mm

Features:

  • Touchscreen infotainment system with Apple CarPlay and Android Auto
  • Dual airbags and ABS with EBD as standard safety features
  • Automatic climate control
  • LED projector headlamps
  • Rear parking sensors and camera
  • Alloy wheels

Requirements to apply for car loan

  • Good Credit Score: It requires a good credit score of 650 or higher.
    Click here to check your credit score for free

  • Proof of Income: Employment or a stable income source to ensure repayment capability.

  • Personal Identification: Valid ID, Adhaar Card, a driver's license or passport.

  • PAN card

  • Residential Proof: Verification of current address through utility bills or lease agreements.

  • Minimum downpayment according to the provider

How to apply for car loan for Maruti Suzuki Baleno

Just follow the Steps given below:

  • Go to Maruti Suzuki offical site Click here

  • Login with your Mobile Number.

  • Fill your details

  • Select the loan offer and the model you want to take loan on.

  • Upload your documents.

  • Verify document.

  • Complete online or offline KYC.

  • And Done. You will get informed about you loan completition within 48 hours.

  • Maruti Suzuki Baleno downpayment

    The downpayment needed for the loan is between 10% to 25% which depends upon your credit score.

    Maruti Suzuki Baleno interest rate

    The interest rate for Maruti Suzuki Baleno ranged from around 7% to 12% per annum which again depends upon the cibil score.

Car Loan Tips and Precautions

  • Check Your Credit Score
  • Determine Your Budget
  • Shop Around
  • Understand Interest Rates
  • Consider Loan Term
  • Down Payment
  • Read the Fine Print
  • Factor in Additional Costs
  • Avoid Long-Term Loans
  • Prepayment Options
  • Consider Refinancing
  • Understand Gap Insurance
  • Avoid Unnecessary Add-ons
  • Get Pre-approved
  • Negotiate the Purchase Price
  • Consider the Resale Value
  • Review Loan Documents Carefully
  • Keep Loan Term Shorter Than Car Life
  • Plan for Unexpected Expenses
  • Seek Professional Advice