Car Loan

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State-owned lenders are lead year-end financing deals by slashing interest costs to attract customers

Public sector banks are offering the most competitive entry-level interest rates on five-year car loans

Public sector lenders offer lowest rates but buyers must compare processing fees and EMI structures to determine the true overall borrowing cost

Customers should compare the total cost of borrowing, not just the headline rate

Besides loan rates, borrowers must consider other expenses a financial institution may charge them

Borrowers face a 7.60% to 14.25% rate spread, with public banks leading the low-cost options

Credit history, income, tenure of employment are among factors that influence the rate you'll be quoted

Public banks lead with car loan rates from 7.6%, while private lenders charge higher with limited fee waivers and concessions

Banks offer women exclusive car loan perks: lower rates, higher funding

Check latest car loan rates here across the sector. EMIs starting around Rs 10,000 for a Rs 5 lakh, 5-year loan.

Public sector banks are wooing car buyers this festive season with loans starting below 8 per cent and limited-period processing fee waivers, aiming to boost vehicle sales ahead of Diwali

Several public sector lenders extend zero or concessional processing fees till December 2025 to attract car buyers this festive season

Some lenders have waived processing fees to win customers amid rising demand for new vehicles

State-owned banks' offers start at 7.6%, while private lenders mostly price loans near or above 9%

The step will improve savings but impact on credit scores depends on the loan and the lender's rules

Several lenders are waiving processing fees to woo customers in festival season

The recent GST rate cut on cars can save you up to ₹1.5 lakh, but timing and paperwork matter, says expert

Lenders are waiving processing fees and concessions to woo customers

Lower taxes and competitive loan rates mean people planning to buy cars can save money in September