If You Are Looking Farward To Purchase A New Car Than Drive Home Your Dream Car With Low Interest Car Loan Offers. Buying A New Car Has Become Remarkably Easier And Convenient Today, If You Are Salaried Or Self Employed And Have Around 10/15% Of The Car Cost Needed For A Down Payment. If You Are Capable Of Repaying The Balance Amount Through Monthly EMI's A Number Of Banks Like ICICI, Kotak, Hdfc Among Others Can Step Ahead To Provide You A Loan For The Same But If You Are If You Are Neither Salaried Nor Self Employed Than Also You Need Not To Worry You Need To Get A Co-Applicant/Guarantor Who Meets The Income Standard And You Could Still Drive Home Your Dream Car. Depending On Your Budget You Can Make Choice Of Buying A New Car Or A Second Hand Car.
Compare Car Loan Rates In India. Check Your Eligibility And Apply Online At Apnaleads.Com To Get E-Approved Instantly. If You Are Planning To Buy Your Favourite Family Car And Finance Is A Concern Then You Need Not Worry As There Are Exiting Car Loan Offers Available From Leading Banks In India. Check Your Car Loan Eligibility Now By Filling Up The Above Form And Get Best Car Loan Offers Instantly. Check Your Eligibility Now! Wondering How To Find The Best Bank Car Loan Among The Several Choices Available In The Market? Compare The Total Loan Amount, Interest Rates And EMI Available Under Each Offer. Even If The EMI Or Loan Tenure Available Is Similar, It Is Important To Compare The Offers On The Basis Of Interest Rates Charged By Them, Processing Fees, Service Charges And Other Bank Fees Applicable On Your Loan.
The Lenders Usually Finance 80-100 Per Cent Of The Ex-Showroom Cost( In This The Octroi Or Local Taxes Levied And Insurance In Different States Are Exclude As A Loan For New Car). The Maximum Tenure For New Car Loan Is 7 Years Which Borrower Has To Pay Through Monthly Installment While For Used Car The Maximum Tenure Of 7 Years Reduced By The Age Of The Car.
While Selecting Person To Provide Car Loan The Borrower Should Also Consider The Processing Fees To Process Car Loan Application. Please Understand This Processing Fees Is Negotiable So Borrower Should Negotiate It Hard To Get Best Deal.
Loan Against Property
What Is Loan Against Property
Loan Against Property Is A Secured Loan. Loan Against Property Is A Loan Against Your House Or A Plot. It's Cheaper Than That Of A Personal Loan Or Loans Against Security. The Right Of Ownership Of The Property Is Still With The Borrower, And If He/She Is Unable To Repay The Loan Amount, He/She Can Sell The Property To Pay Off The Debts. In Other Words It Means - A Loan Given Or Disbursed Against The Mortgage Of Property.
In Addition To Taking These Loans Against Property, You Can Also Avail These Loans For The Purpose Of Meeting Any Other Expenditure Like Meeting Marriage Expenses In The Family, These Loans Can Also Be Resorted To In Case Of Any Emergency When Money Cannot Be Arranged From Any Other Source.
Mostly, Banks And Other Lenders Extend A Loan Against Property As A Security, For Up To 50 Per Cent Of The Market-Value Of The Property. However, The Extent Of The Loan Is Also Subject To Your Eligibility As Per Income Norms. Loan Against Property Is Available For Both Salaried Self Employed Person For Both Commercial And Residential Property.
Benefits
- Higher Loan Amount With Lower EMI.
- Funds Can Be Used For Business As Well As Personal Needs.
- Flexible Repayment - Option To Choose Between Dropline Overdraft Facility Or EMI Based Loan.
- Specially Designed Programs For The Self Employed.
Features
- Higher Loan Amount Available For Longer Tenure And At Attractive Rates.
- Quick And Hassle Free Loan With Speedy Approvals.
- Residential And Commercial Properties Accepted As Collateral.
- Excellent Debt Consolidation Tool.
- Loan Amount Could Range From Rs.10 Lakh To Rs.50 Cr.
In Loan Against Property The Loan Tenure Could Extend Upto 15 Years, And Eligibility Depends On Income And The Current Market Value Of The Property, The Rate Rate Of Interest Could Be Ranged Of 12% To 15% On Monthly Reducing Basis.
The Following Steps Are Involved To Process The Application :
- Application.
- Documentation.
- Sanctioning Of The Loan.
- Valuation And Legal Check.
- Disbursement Of Loan.