Getting a car loan is quite easy in India if one fits into the eligibility criteria for a loan. Organized and institutional auto finance has come of age and companies are aggressively marketing auto loans schemes by offering innovative and tempting offers to the customers.
Most of the lending institutions finance up to 90% of the cost of the car, depending on the model of the car and the repayment period.
Know about car loans, their types, and your eligibility criteria to buy a new or used car
Details about the banks and the financial institutions that offers loan for a new or used car. This section also includes the eligibility criteria, documents required and interest rates for each institution