| HDFC Bank Car Loan
HDFC Provides a Quick and Easy car loan with Easy Documents, EMI Options and Low Interest Rates… Read More
|SBI Car Loan
Lowest interest rate, Low processing fee, processed through speedy delivery channels with total transparency….Read More
|ICICI Bank Car Loan
Compare Interest Rates, EMI, Documents and Eligibility for ICICI Car loan. Apply online for car loan…..Read More
|Axis Bank Car Loan
Compare and Choose Interest Rates, Documents, EMI, and Features of Axis Bank Car Loan…Read More
|Kotak Mahindra Car Loan
flexible schemes to suit your needs, hassle-free documentation and quick processing….Read More
|Bank of India Car Loan
Get Details on Eligibility, EMI, Interest Rates, Documents, Eligibility of BOI Car Loans…Read More
Are the Car loan rates different for different people?
Yes Banks do give preferences to certain set of customers for lower rates and fees.
The factors are :
1. Its gives lower rates who have the salary accounts with the same Bank.
2. It gives lower rates to employees of top 5000 companies in India.
3. Based on your income per month you might get some waivers or on the total loan amount you may get cheaper rates.
How does Cibil and Credit Bureau effect my application?
Yes, your car loan application can be rejected if your credit score is not good. Here are few things that you should know. A cibil or credit score of above 750 will get you approval from all Banks. From 650 -750 there will be certain Nbfc who may be able to give you loan.
If you haven't taken any credit card or loan your cibil score is 0 and there will be less Banks to give you loan at that time and best is to approach the bank where you have account.
If you have applied and have got rejected your cibil score and it’s your first loan then your score is -1 and most Banks will not give you loan.
Special offers on Cars
On time to time basis Banks have tie ups with car manufactures and they give discounts via lower rates.
The recent such offers are
1. 0 % Foreclosure charges on new car loans post completion of 24 months on Maruti Hyundai Toyota and Honda Cars.
2. Special Schemes on Renault Duster, Mahindra XUV 500.
3. Discount Schemes on Hyundai Cars up to Rs.150000 (*View More)
Loan for Highest Selling and most popular Cars of India 2015:
|Maruti Alto||Maruti Wagon R||Maruti Celerio||Honda Amaze|
|New Honda City||Mahindra Bolero||Maruti Swift & Dzire||Mahindra XUV500|
|Mahindra Scorpio||Datsun Go||Hyundai Xcent||Hyundai Grand i10|