Features of Car loans:
Competitive and attractive rates of interests
A tax deduction may be applicable if the vehicle is to be used for business purposes
Almost everyone with a Permanent Income can apply for a car loan
Some banks offer up to 100% of car finance on ex-showroom price and generally upto 85% of car finance on ex-showroom price is available.
Very low processing fees and prepayment charges.
Check your Eligibility for a Car loan:
Kind of employment
Period of employment
Previous running EMI’s and CIBIL score
Car loan interest rates can be vary from user-to-user based on different parameters. Some of these factors are:
- Banks give lower interest rates to the employees who have salary accounts with the same bank.
- It gives lower interest rates to employees of top 5000 companies of India.
- Based on your income per month you might get some waivers or on the total loan amount you may get cheaper rates.
Banks giving Car loans in India:
HDFC Provides a Quick and Easy car loan with Easy Documents, EMI Options and Low Interest Rates… Read More
Lowest interest rate, Low processing fee, processed through speedy delivery channels with total transparency….Read More
Compare Interest Rates, EMI, Documents and Eligibility for ICICI Car loan. Apply online for car loan…..Read More
Compare and Choose Interest Rates, Documents, EMI, and Features of Axis Bank Car Loan…Read More
flexible schemes to suit your needs, hassle-free documentation and quick processing….Read More
Get Details on Eligibility, EMI, Interest Rates, Documents, Eligibility of BOI Car Loans…Read More
Market share of major banks in Car/Auto Loan category:
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Special thanks to Neha. She did excellent job.
Find always ready to resolve the queries even in unofficial hours.
Thanks once again to deal4 loans and special thanks to Neha