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| Finances |
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 Check all the available financing options for your car. Here you will get some bank information that gives low interest rates, fast processing and easy repayment options. In most banks finances include insurance cost, registration charges and accessories cost.
Note: For used cars most banks gives loan only for ‘not more than 5 year old cars’. |
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Loan Amount:
A maximum loan amount of 2.5 times the net annual income can be sanctioned
Loan amount for used car is subject to a maximum limit of Rs. 15 lacs.
Margin:
New / Used Cars: 15% of the on the road price. |
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Loan Amount:
For New Cars - maximum loan of Rs 25 lacs
For Used Cars – maximum of Rs 10 lacs
Margin:
20% of cost of new car.
50% of used cars. |
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Loan Amount:
Maximum of Rs 15 lac
Margin:
20% |
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Loan Amount:
New Car:
Minimum Loan Amount – Rs. 1,00,000.
Maximum Loan Amount – up to 95% of the ex-showroom price. No upper limit but it depends upon price of car and customer profiles.
Used Car:
Minimum Loan Amount – Rs 75,000
Maximum Loan Amount – up to 90% of the value of used car. |
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Loan Amount:
New Car:
Borrow up to 90% of car value and in some specific model you can borrow 100%.
Used Car:
Borrow up to 80% of the value of the car.
Minimum Loan Amount – Rs. 50,000 |
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Loan Amount:
New Car:
You can get up to 90% of the on road price
Used Car:
You can get 75% of the agreed price or Rs.6 lacs whichever is lower |
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You can get up to 85% of the on-road-price. Minimum loan amount is Rs. 1 lac. |
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