Financial institutions typically extend car loans for up to 80% of the on-road price of a car, with some lenders offering 100% coverage. The Loan to Value (LTV) ratio determines the loan amount, with borrowers responsible for the remaining cost.
Financial institutions typically extend car loans for up to 80% of the on-road price of a car, with some lenders offering 100% coverage. The Loan to Value (LTV) ratio determines the loan amount, with borrowers responsible for the remaining cost.
India Business News: When will loan EMIs start coming down? Since the last five Monetary Policy Committee (MPC) meetings, including today’s, the repo rate has been kept un
To avail of favourable terms for a car loan, a good credit score is of prime importance. It is very important to check the provisions applicable for prepayment and pre-closure of the loan. All you need to know while taking a car loan
Advice Centre News: We have prepared an easy guide for you to go through if you're planning to purchase a new car and are confused about the loan EMI process, take a read