Car Loan

 

 Car Loan Details

                                                                                      Last Updated 04th Apr 2021                     

• A car loan is the sum of money borrowed by the consumers to purchase a car.
• Avail a car loan for purchasing both new and used cars.
• Bank provides car loans up to 100% of ex-showroom price of the car. You can also get loans up to 100% of the ex-showroom price of the car.
• The tenure of a car loan ranges between 5 years to 7 years.
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  Avail refinancing car loan to get an auto loan at a lower interest rate.
  
  
  
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A car loan is the perfect financial instrument to fulfil the dream of owning a car. Before applying, use Car Loan EMI Calculator to know about the EMI. This will also help you in managing your budget and avoid any extra financial burden.