The eligibility for a car loan depends on a number of elements that are important to lenders like Bajaj Finserv when evaluating applications. Primarily, a person's credit score is essential since it signifies their creditworthiness. To determine the ability to repay, employment history and income stability are also carefully examined. The applicant's ability to easily repay the loan is also evaluated by taking into account monthly expenses and any outstanding debt. Also influencing car loan eligibility amount requested in relation to the desired car's value. In an effort to provide specialised financing options that complement clients' goals and financial situations, Bajaj Finserv highlights five essential criteria for determining loan eligibility for vehicles.