Car Loan Process
Car Loan: Process: Overview
With comparatively lesser paperwork and minimal verification from the bank, it takes about three to six days to get a car loan -a lot less time than a home loan. Here is a step-by-step break-up of the car loan application process:
- Enquiry with a lender (Interest Rate, EMI, ),
- Documents,
- Field investigation agency representative visit,
- Loan approval.
Car Loan: Process: Opinion
Decision-making Corner
- Car loan compare tool
You can use this tool to compare various car loans availabe in the market and which will suit your pockets the best.
- Car loan interest rate calculator
This calculator will tell you how much interest rate you are paying on your car loan
- EMI Calculator
Use our loan EMI calculator to calculate what your EMI could be for a give rate of interest.
- Car Loan Eligibility Calculator
Calculate the amount of car loan you are eligible for based on your earnings and value of the car. - Floating or Fixed Interest Rate Calculator
This calculator tells you what is more advantageous - a floating rate or a fixed rate - for your loan.
Get Car Loan Offers
A maximum of 5 providers will compete to give you the best rates (Jan 2021)