Category Archives: Car Loans

Loans given for purchasing automobiles (cars and two-wheelers)

Who else wants a vodka shot on interest rate cuts

It was a typical Sunday afternoon. It took some time for Nidhi to soak in the ambience of the lounge bar that she was visiting after months. She was still furious at the cab driver, who had taken a circuitous route to the place so that he could charge her more. Her friend Renu, who… Read More »

Getting married is easier than buying the right car!

Car buying is like getting married. The day you decide to go ahead with either of the two, all kinds of advice pour in.  From parents, relatives, distant uncles, pesky neighbours, even your local barber, the opinions can be multiple and quite often, confusing.   In fact, getting married can be relatively easier. Unless you have… Read More »

Understanding your loan parameters!

EMI Calculation You need to know the loan amount, processing fee and the interest rate of your car loan, home loan or personal loan. If you plan to prepay your loan, then figure out the exact or approximate amount you intend to prepay and the periodicity of such payments depending on your loan agreement. Use… Read More »

Top 5 Car Loans in terms of rates, benefits and features

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 »

LTV in case of car loans!

The Loan to Value (LTV) in case of a car loan is simply the amount of money that can be sanctioned as a loan to the value of the car that is being purchased. There are different norms which are practiced by different banks and financing agencies while fixing the LTV in car loans. There… Read More »