Buying a new car is a dream come true for many people. A normal priced car may not be as big an investment as a house. Nevertheless, buying a car can be quite a strain on the pocket for the common man and more so if you opt for a high end car. Although car… Read More »
Over the time, Cars have increasingly become a necessity. With the help of Banks and other finance companies, owning a car has become easier. In India, many lenders are providing Car Loans at affordable rates. In this article, we will discuss about the various types of Car Loans offered by the financiers and present the… Read More »
In every loan agreement, there are various types of clauses which often confuse the borrower. In most of the cases, these clauses are put to ensure that the interest of the financing company is protected as the agreement draft is prepared by their lawyers. It is thus essential for the borrowers to understand and appreciate… Read More »
The car loan is a very common debt today with almost all middle class Indians opting for this method to own their dream vehicle. However, there are some clauses in a car loan agreement that most people are still unaware of which may compromise the interest of borrower at a subsequent stage. Described in this… Read More »
The Union Finance Minister, P Chidambaram presented the Union Interim Budget for 2013 with some relief for the auto industry by announcing excise duty cuts. The excise duty has been reduced across all segments of the auto industry with a follow up reduction in the Central Value Added Tax (CENVAT). However the announcement has been… Read More »
Getting a car loan is not supposed to be a Herculean task where the customer runs from pillar to post trying to negotiate a good deal and securing approval of the financing company. For people who have a good credit record getting a car loan can be a smooth, hassle free and quick process. There… Read More »
Car loans are rapidly becoming the most preferred means of buying a car whether new or use. In order to tap into this huge customer base the banks and other financing institutions are offering several concessions in car loans with more and more relaxed terms for eligibility of car loan customers. The loans are also… Read More »
Out of the vast number of car loans that are approved every day across the country there are some loans which become defaulted due to various reasons. Once it is confirmed that the loan repayment is beyond the capacity of the burrower the financier initiates legal action in order to take possession of the vehicle.… Read More »
With the prosperity ushered in by the economic growth in the country and growing incomes of individuals there has been a steady increase in the demand for luxury cars in the country. With an eye on this powerful market many international luxury car makers have made their presence felt in the nation either by setting… Read More »
Home loans are the most easily accessible financial supplement to purchase your dream home. To understand how to enhance your eligibility to apply for a home loan, make a simple self-assessment. Here is how banks do it.