Today, not only government banks, but many private banks and finance companies are also giving loans at a cheaper interest rate to buy cars.
Car Loan
A few years ago, if you thought of buying a car, it was difficult for anyone but today almost everyone has a car. Day by day car companies, bank and loan companies are bringing strong offers to the customers and giving cars at a cheaper price. Previously, where there should have been lakhs of rupees in your pocket for a car, today there are many such options, with the help of which you can get a EMI loan taken at a lower interest rate and bring a new car to your house.
Today, not only government banks, but many private banks and finance companies are also giving loans at a cheaper interest rate to buy cars. However, the rate of interest varies from person to person. In such a situation, today we have brought some such options for you, with the help of which you can buy your dream car by taking a loan at a cheaper interest rate.
You get this option
Currently, the cheapest car loan is being given through Punjab and Sindh Bank. According to the bank’s website, if you finance the car from Punjab and Sindh Bank, the bank will make you an EMI on your money at an interest rate of 7.0%. At the same time, you can also get a 50 percent discount on processing fees through the bank, which will be applicable till June 30.
The second number is the Central Bank of India and Bank of Baroda, which is financing the vehicle at a charge of 7.25 per cent. While Punjab National Bank and Canara Bank are giving loans at 7.30 per cent. There are also some private banks in the list, in which IDBI is offering the lowest interest rate. According to the website, the bank is giving loans at the rate of 7.50 percent. Explain that if your interest rate is low, then your monthly EMI can also be reduced.
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