CAR LOAN
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CAR LOAN FAQs
Ans. The funding amount differs from one bank to the other, and depends on various conditions including the characteristics of your car and loan requirements. However, the minimum loan amount will be equal to Rs.1, 00,000 in most cases.
Ans. In most cases, banks provide only 80% to 90% of the total cost of the vehicle in the form of a car loan. However there are a few banks that may cover the entire cost of the car. Make sure go compare the available offers carefully before selecting your loan option.
Ans. In most cases, you are able to negotiate the loan interest rate amount based on your credit score, credit history and previous relationship with the lender.