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Posted On :- 14/04/2008
 
Question Asked :-  
 
I am getting car loan offer at 10% reducing for 2.56lakhs amount for 5 yrs. Is it a good offer or I would search for other bank options also.  
 
Answer :-  
 
The interest rate mentioned by you is fair compared to the current interest rates. But make sure that there are no hidden charges, for which you will have to read the agreement carefully before signing it. For more information on car loan click here  
 

Car loan query listing
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Qid Question
10913   ITR is mandatory for car loan , my sal is 10,000, but will be 1500
10825   Sir, I have gone through the site for used car loan rates provid
10782   I have taken car loan from TMF of 3.14 lacs for 48 months and the
10611   What are the advantages of using apnaloan while applying for a car
10602   I want to buy TATA INDICA DLS (Diesel) from ICICI Bank, as i am usi
10598   Dear Sir, I am interested in taking Car Loan of amount Rs. 5 Lakh
10569   sir i am purchase a car of 6,71000 & pay downpayment 1,71000 &a
10523   I need car loan for the used car plz suggest me.
10518   i am a salaried class,my salary is 22000 cash in hand,want to buy s
10484   i want to close my car loan account pl suggest me the closure forma
10469   Hi, I have taken a Car loan(3.5 Lakhs) from HDFC at 9.25% interes
10458   In a loan of 3 Lacs is it possible to repay the loan amount in part
10453   I want buy Tata Ace mini truk. I am salaried man my salary / annum1
10433   I want to buy a car costing 2 lacs with a loan of 1 lac for one yea
10361   I want to buy a used car costing 3 lacs with a loan amout 2.5 lacs.
10319   I am having a car loan from ICICI Bank of which 1.5 years tenure ha
10253   for a salary of 25-27 K, what is the loan amount that a bank would
10244   Sir, My Salary is 1200 Rs per month . Iwant to know that i am eligi
10169   I want to purchase a Maruti Gypsy of rate 60,000 what will be the e
10164   Dear Sir, i am planning to buy a new car in the range of 4-5 lakhs.
10154   Dear Sir, Can i get the finance for a Reva car which is availabl
10092   I want to purchase a used honda civic 2006 model done 29000 KM.
10089   could you help me out with Car Loan Interest Rates for 3 years
10042   now my three loans are running but these are not a high ticket and
10029   What will be the EMI of Rs.250000/- for 5yrs
10022   My monthly gross income is 1.5L. I am looking to changeover to a Ho
10001   I have taken loan from HDFC Bank and paying monthly emi of Rs. 680
9997   I am planning to take Santro Xing AT. I have the money in my accoun
9952   i have a plan to get a used car (palio 2002 or after model) the pr
9903   Hi, i want to buy a Maruti Alto and keep the EMI within Rs. 5000, c
9865   I have applied for Car loan of 200000Rs in ICICI bank, i have ICICI
9751   my monthly income is 20000 but it is including incentives and i hav
9719   respected sir, i am about to buy a car in few days but very confuse
9712   My father and i are both sallaried employees. In whose name should
9709   i want to buy tata indica 2003 model. the price is 230000. how muc
9677   i want to take a tata indica for taxi purpose please advaice me for
9676   want a car lone
9655   I want to take car loan to buy new car and looking to repay as soon
9581   Sir, can you please advise whether its better to avail a personal l
9562   I have taken a car loan from ICICI in Mar 07 at 13.5%. Is it advisa
9538   I have a car of 2000 model, would you advise to sell and buy a new
9534   What is the intrest rate?
9516   pl give interest rates for car loan of your organisation?
9511   i have a pan Card, voter ID, Driving Licence. is there need a Land
9467   even if i buy a car with 1/3rd loan & 2/3self money ,will the i
9429   i had applied for a car loan.but hdfc bank rject it as a defaulter
9399   I recently purchased a second hand car by taking a carloan from ici
9392   kindly let me know the minimum Rate of interest for used car(Santro
9385   Can u let me know maximum documents for car loan?
9374   i have some emi bounce and i do not have not good credit report how
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