#1
26th December 2015, 12:44 PM
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Cheapest car loan in India
I want to buy a car and want to apply for the car loan so please give me the names of banks that provides cheapest car loan in India?
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#2
26th December 2015, 12:44 PM
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Re: Cheapest car loan in India
Different banks charge different interest rates for car / auto loans. The rate of interest also vary based on (a) The quantum of the loan; (b) Period for which loan is intended to be availed (c) Income basis It is not possible to give the name of one bank which charges the lowest rate of interest for all tenures and all levels of loan amount. Moreover, these rates are frequently changed by banks The following interest rates of the banks according to the last week of November 2015 Car loan Interest rates Bank Name Current Rate of Interest Union Bank Of India Car Loan 10.10% (Fixed) IDBI Bank Car Loan 10.35% (Fixed) Bank Of Baroda Car Loan 9.90% Bank of India Car Loan 10.15% Dena Bank Car Loan 10.10% – 11.20% Axis Bank Car Loan 11.50% State Bank of India Car Loan 9.80%(women), 9.85% (Men) HDFC Bank Car Loan 10.00% to 13.75% ICICI Bank Car Loan 10.75% – 12.75% Syndicate Bank Car Loan 10.35% Indian Bank Car Loan 10.15% Canara Bank Car Loan 9.90% – 9.95% Kotak Mahindra Car Loan 11.50% – 13.50% Magma Fincorp Car Loan 10.75% – 12.00% United Bank of India Car Loan 10.40% Federal Bank Car Loan 10.65% – 12.00% Corporation Bank Car Loan 10.75% – 11.25% Corporation Bank Car Loan 10.05% |
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