30/05/2023 Financial & Legal Services
A car loan is a type of loan specifically designed to help individuals finance the purchase of a vehicle. It allows borrowers to obtain the necessary funds to buy a car and repay the loan over a fixed period of time, typically through monthly installments. Car loans are offered by banks, credit unions, and other financial institutions. The loan terms, including interest rates and repayment duration, may vary based on factors such as the borrower's creditworthiness, the loan amount, and the chosen lender. Collateral, such as the vehicle itself, is often required to secure the loan. Check our website for further info.
IndusInd Bank offers hassle-free car loans with competitive new car loan interest rates and flexible repayment terms. Get up to 100% financing on your...
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