Next time you buy a car, ask yourself: Do you want to just own it, or own it smartly?
Car loan rates range 7.6% to 14.25% in August, with lowest EMIs near Rs 10,000 and some banks offering zero processing fees
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.
A quick look at how major banks are offering in terms of repayment terms, processing fees and tenure
EMIs from ₹10,043 for a ₹5 lakh, 5-year loan; check July car loan rates, festive fee waivers and lender-wise charges before applying.
Data shows a wide variation in interest rates, EMIs, and processing fees across various banks
Top banks are offering car loans this May starting at 8.45 per cent p.a., with EMIs from ~1,581/lakh. Compare rates, fees, and terms to find the best deal for your budget.
Canara Bank has reduced its Repo Linked Lending Rate by 25 basis points; home loans start at 7.90% and vehicle loans 8.20%
Understanding loan terms of various companies is vital for financial planning and saving
If you are looking to buy a new car for yourself, it's best to first check what are the available financing options from different banks
With interest rates on loans likely to go down, more people may consider new buying vehicles
Interest rates for various loan products are effective from February 10
The EMIs you pay on the loan will vary significantly depending on the interest rate
Interest rates likely to stay the same for now, but lenders may still adjust terms based on their considerations
The rating agency has assigned an "AAA/stable" rating to these PTCs, which have different maturity periods ranging between two and six years
A comprehensive list of new car loan rates and charges by 18 leading banks
Instalments customers pay for loans vary and depend on interest rates of banks
Besides negotiating a good deal on the car, buyers must secure a favourable loan offer
Instalments you pay on a loan will vary significantly depending on the interest rate
Offers of 18 companies put together to help you make an informed decision