CAR LOAN

Want to buy new car? You may have to wait for 10 months

Car buyers have returned to the waiting list owing to a rising demand for an owned mode of transport among people. Besides, interest rates ...

India’s leading car designer Dilip Chhabria ran Rs 100 crore interstate car racket: Police

Police claimed Chhabria’s firm — Dilip Chhabria Designs Pvt Ltd (DCDPL) — manufactured 127 Avanti cars in the last three years and sold the...

Maruti Suzuki launches online car financing platform 'Smart Finance'

The company is initially launching the platform in 30 cities through its premium car retail chain Nexa, targeting salaried customers with p...

NBFCs lose car loan market share on rate war by PSBs

NBFCs have lost market share to PSU banks, which have become more aggressive. According to M Ramaswamy, chief financial officer at Sundaram...

Bank of Maharashtra cuts repo-linked lending rate by 15 basis points to 6.90%

​​"Reduction in RLLR makes our home loan, car loan, gold loan, education loan, personal loan along with MSME loans more attractive and affo...

How much car loan should you take?

You should avoid opting for higher EMIs at the cost of sacrificing monthly contributions towards crucial financial goals. Regardless of the...

How to get a loan to buy a pre-owned car

Most banks and non-banking financial companies (NBFC) offer loans to buy pre-owned/used cars. The terms and conditions and charges vary fro...

How to apply for a personal loan?

​As with any other kind of loan (i.e., home loan, auto loan and so), your creditworthiness plays an important role in the personal loan get...

Bank of Baroda launches festive offers for home, car loans

Bank of Baroda said it is offering a waiver of 0.25% in the existing applicable rates for Baroda Home Loans (under take over cases only) an...

Credit card users to gain more from ‘interest on interest’ waiver

The point to note, a public sector bank official said, is that the government’s proposal waives interest on interest during the moratorium,...

Buying a used car? You will soon have a lot more choices

According to OLX India, demand for used cars on its platform was 133% more in August than February this year. Growth in supplies in the per...

SBI waives processing fees on loans via Yono app, offers home loan interest rate discount

According to the press release issued by the State Bank of India (SBI), it has announced various special festive offers on home loans for h...

Anil Ambani lives a simple life, drives just one car and has sold all his jewellery to pay his legal fees

He said he had received Rs 9.9 crore for all his jewellery between January and June 2020 and now does not own anything — “nothing meaningfu...

Volvo Car India partners with HDFC Bank to launch Volvo Car Financial Services

The service facilitates finance of up to 100 per cent of ex-showroom price of the car and offers convenient repayment options, with no fore...

Reserve Bank seeks internal car loan investigation details from HDFC bank

Reserve Bank of India has also sought information on steps taken by HDFC Bank to remedy any issues identified during the investigation

CARS24 offers loans to customers against existing cars

The company has aggressive plans to launch this offer in other metros by the end of the ongoing fiscal.

Car loan probe: HDFC Bank terminates half a dozen employees for violating the code of conduct

This termination pertains to practices at the auto loans department where some staff allegedly forced customers to buy the GPS devices bund...