Car Loan rate in August: EMIs ease for new car buyers this month as some banks cut rates to 7.6% and waive fees; festive offers and concessions could save you thousands on upfront costs.
Buying a new car is an exciting moment, but be careful of charges that banks may impose, and make sure to pick the best car loan available in the market
Bank of Maharashtra cuts retail loan rates by up to 50 bps; Bank of Baroda trims MCLR on select tenors with effect from 12 June as banks align with RBI move
100 per cent of the on-road price, flexible EMIs, no guarantor requirement and quick processing are some of the offers lenders have unveiled this Diwali to attract new car owners
42% have seen their EMIs go up and 21% have seen both EMI and tenor increase, according to a survey by Bankbazaar.com Of these, 76% have seen their interest rate increase by more than 1%