If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
  • loading

    Car Loan Interest Rates

    We found 34 Car Loan Interest Rates

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    13.1% - 15% Floating
    0
    20K - 10L
    1-5 Years
    Response Time Within 30 minutes
    Ad Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.10% - 13.25% Fixed
    Up to ₹ 6,153 One time fee
    1L Min
    1-7 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.10% Floating
    ₹500 to ₹7000 + S.T.
    1Cr Max
    7 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.50% - 11% Fixed
    2,500 One time fee
    1L Min
    1-5 Years Tenure
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.15% - 11.6% Fixed
    Up to ₹5,150 One time fee
    1L Min
    1-7 Years
    Response Time Within 30 minutes
    PAPERLESS APPROVAL OPTION AVAILABLE
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    12.5% - 14.5% Floating
    2% One time fee
    1.5L - 25L
    1-7 Years
    Response Time Within 30 minutes
    100% financing on car value
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good To Know
    Eligibility Criteria
    9% - 11.50% Fixed
    Up to ₹5500
    1L Min
    1-7 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    11.25% - 13.99% Fixed
    Up to ₹2,300 One time fee
    75K Min
    1-7 Years
    Response Time Within 30 minutes
    Paperless approval option available
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.15% Floating
    575 One time fee
    1L - 2Crs
    1-7 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    16% Floating
    1% One time fee
    50K - 15L
    1-4 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    12% - 14% Fixed
    2,500 One time fee
    1L Min
    1-3 Years Tenure
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.00% Floating
    ₹500 to ₹7000 + S.T.
    1Cr Max
    7 Years
    Response Time Within 30 minutes
    SPECIAL OFFER FOR WOMEN
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
     Loading your search... Loading your search...
  • Car Loan Interest Rate Reviews

    • Bank Bazaar Customer Support
      "Good customer relevant option"
      0.5 5.0/5 "Blown Away!"
      Experience with the Bankbazaar.com is really good and the response , follow up are the major factors with them , which made me to like it. Option are good with the Bankbazaar.com and I came to know about it through advertisement. I am happy with Bankbazaar.com.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 19, 2017
    • ICICI Bank Car Loan
      "Could be more careful"
      0.5 2.0/5 "Expected more"
      Experience was good one with the ICICI bank for the car loan but there were some issues with the rate of interest negotiation. Customer service was really good with them and there were no worries with them and the response was an immediate one. Finally , I got the rate of interest as 9.45%, though lot of negotiation happened.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 19, 2017
    • Bank Bazaar Customer Support
      "Wonderful"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar.com is really good one and its useful for me, also am using it for the last two years of time. Website of the Bankbazaar.com is very easy to access. Speedy process is the best one with the Bankbazaar.com, also am happy with them.
      Was this review helpful? 0
      , chennai
      Reviewed on May 19, 2017
    • TVS Credit Services Car Loan
      "Good "
      0.5 5.0/5 "Blown Away!"
      Services are fine with the TVS credit services and the loan amount got disbursed within a week of time. Customer service is fine one with them and there are no worries with them. They have provided me around 60% of the cost of car as loan.
      Was this review helpful? 0
      , chennai
      Reviewed on May 19, 2017
    • HDFC Bank Car Loan
      "Nice experience"
      0.5 3.0/5 "Satisfactory"
      HDFC Bank has been good in the process for the car loan there has been no issues in getting the loan and the process after the loan was disbursed is also hassle free. The customer support is good and the response has been the best in collection of documents.
      Was this review helpful? 0
      , chennai
      Reviewed on May 19, 2017
    • Bank Bazaar Customer Support
      "Easy to compare the loan across the banks"
      0.5 4.0/5 "Great!"
      I personally I don't want to do anything, I just visited Bank Bazaar, they had taken complete initiative and gave me car loan quotation of many banks rather visiting all banks checking the best offers. The site is very good, I compare the interest rate offered by various Banks.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on May 19, 2017
    • Dena Bank Car Loan
      "Its Hassle free process"
      0.5 4.0/5 "Great!"
      I have not shortlisted the car now, we planning to purchase the car at next year. Because of this reason I didn't take car loan from Dena Bank, they are good in service. Dena reached me on time and they very eager to collect the documents for loan process and their interest rate and processing fee is also nominal.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on May 19, 2017
    • Bank Bazaar Customer Support
      "Excellent services"
      0.5 5.0/5 "Blown Away!"
      The services at Bankbazaar has been good and the process is simple. It was a excellent experience and I am happy that there was no delay in the banks reaching out to me. The follow up was also supportive and the website is too good. It is simple and easy.
      Was this review helpful? 0
      , indore
      Reviewed on May 19, 2017
    • Sundaram Finance Car Loan
      "Services are good. But high on processing fee"
      0.5 5.0/5 "Blown Away!"
      After I applied for a car loan with Sundaram finance the services was good. They were responsive and they kept me informed about the details. The rate of interest was of 9.6% and it was a reasonable rate for me. The processing charges was on the higher side.
      Was this review helpful? 0
      , indore
      Reviewed on May 19, 2017
    • SBI Car Loan
      "Satisfied service"
      0.5 4.5/5 "Excellent!"
      I had a car loan experience with SBI. I bought the loan a year ago. They have disbursed my car loan within 6 to 7 days. Which is very quick and fast. The rate of interest is nominal with Sbi car loan department. I am happy with the loan amount they have provided. Overall it is a satisfied service with SBI.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 19, 2017
    • Bank Bazaar Customer Support
      "Excellent services"
      0.5 4.5/5 "Excellent!"
      The services at Bankbazaar has been good and it was a nice experience as I got all the information I needed In one page without having to visit the bank physically. The website is pretty much useful and it would be better off there are lesser rates available on the site for the customer to choose the least.
      Was this review helpful? 0
      , pune
      Reviewed on May 19, 2017
    • Axis Bank Car Loan
      "AXIS should provide loan at on road value"
      0.5 4.0/5 "Great!"
      I personally feel AXIS bank interest rate was high when compared with other banks, AXIS offered me 9.25% of interest on car loans but other banks are giving lower interest rate, AXIS giving loan only ex showroom value not at on road price. Thereby, I didn't take car loan from AXIS bank.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 19, 2017
    • HDFC Bank Car Loan
      "High on ROI & charges"
      0.5 3.5/5 "Pretty good"
      HDFC Bank did respond to me on time when I applied for a car loan. I could not go ahead for the loan because I finally could not get the vehicle that I was looking for. The vehicle I preferred was "Chevrolet enjoy" and since the vehicle was not available and its because of which my plan was revoked. The rate of interest was high when compared to other banks.
      Was this review helpful? 0
      , pune
      Reviewed on May 19, 2017
    • Bank Bazaar Customer Support
      "Good Financial Advisory"
      0.5 5.0/5 "Blown Away!"
      I got quick response from Bank Bazaar, their representative are friendly on the loan part. Through face book I came know about Bank Bazaar then I placed the request for car loan they have reached on time. The website is easy and informative to search all the loan products.
      Was this review helpful? 0
      , porbandar
      Reviewed on May 19, 2017
    • HDFC Bank Car Loan
      "Hassle free and Good Experience"
      0.5 5.0/5 "Blown Away!"
      HDFC service is good but I didn't take car loan from them. Because I managed the whole car amount and I purchased the brand new car by own source. I am fine with HDFC service, their executive are polite and they offered reasonable interest rate and processing fee.
      Was this review helpful? 0
      , porbandar
      Reviewed on May 19, 2017
    • ICICI Bank Car Loan
      "Loan disbursement process has to be improved"
      0.5 4.5/5 "Excellent!"
      ICICI takes a very long time to disburse the amount to the car dealer, they had collected the documents on time but done the process delay. ICICI interest rate is good they quoted 9% but offered only around 8.75% on car loan and also they sanctioned 100% .
      Was this review helpful? 0
      , new delhi
      Reviewed on May 19, 2017
    • Bank Bazaar Customer Support
      "Pretty easy site to navigate"
      0.5 4.5/5 "Excellent!"
      In simple terms I would say Bankbazaar is an informative website, I had been using Bank Bazaar site for one year. I do search many products through this site, Recently I gave car loan request to them, their follow up is very good, they regularly followed up on my loan application too.
      Was this review helpful? 0
      , new delhi
      Reviewed on May 19, 2017
    • HDFC Bank Car Loan
      "Interest rate has to be reduced as per market"
      0.5 3.0/5 "Satisfactory"
      HDFC provides the best interest rate for the car loan, they not giving lesser than 9.1% of interest. Hence I had taken car loan from other bank with best interest rate. HDFC agreed to sanction 100% of loan at on road value but I am not fine with interest rate. Therefore I was not willing to proceed further with them and there stopped the process.
      Was this review helpful? 0
      , new delhi
      Reviewed on May 19, 2017
    • Magma Car Loan
      "Quick in process"
      0.5 5.0/5 "Blown Away!"
      It was an amazing experience with Magma Fincorp with regards to my car loan application. It was an excellent process and very convenient as well. The rate of interest was normal and the processing charges were also minimal when compared to other banks like HDFC Bank.
      Was this review helpful? 0
      , jodhpur
      Reviewed on May 19, 2017
    • Bank Bazaar Customer Support
      "Very good services"
      0.5 4.5/5 "Excellent!"
      The services rendered by Bankbazaar is really good and it was on time. I was given proper information and the team also followed up much with me till the end. The website is good because it is simple and easy to access and the comparison options has been very much helpful too.
      Was this review helpful? 0
      , jodhpur
      Reviewed on May 19, 2017
    Common Loader Icon

    Car Loan Interest Rates is Rated as "Excellent!" by 26177 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Car Loan BYTES FROM OUR KITCHEN

    Car is like your second home, where you spend most of your time with your loved ones after your own home. Because of the increase in traffic, cost of the public transport, and an increase in pollution, car seems to be the better option to take and has become a necessity in today’s world. But, most of us do not always have bulk amount in the accounts to purchase a car. So, the banks have given us an option to have a car loan where majority of the funds will be financed by the bank. And we have to pay some interest on the loan amount along with the principle amount in the form of EMI’s. So, let’s have a look at the car loan interest rates provided by some major banks:

    Car Loan Interest Rates - May 2017

    Bank NameCar loan interest rates

    Axis Bank Car loan
    9.00% to 11.50%

    Dena Bank Car loan
    9.15%

    Federal Bank Car loan
    9.75%

    HDFC Bank Car loan
    9.15% to 11.60%

    ICICI Bank Car loan
    9.10% to 13.25%

    Jammu and Kashmir Bank
    9.55%

    L&T Finance Limited Car loan
    11% to 12%

    Oriental bank of Commerce
    9.10%

    Sundaram finance
    9.50% to 11%

    Therefore, these are the car Loan interest rates offered by some major banks and financial institutions in India. The lowest interest rate one can get is @10.40% provided by SBI, followed by 10.50% that is provided by the top 3 private sector banks including HDFC Bank, ICICI Bank and an Axis Bank. All these rates are very competitive in nature and provides a cheap source of car loan to the customers, fulfilling their dream of riding their own wheels.


    One must check the car loan interest rates and compare them among different loan providers to get the best quote on their eligibility, net income, loan tenure and the loan amount. You can compare the car loan interest rates at BankBazaar and can hit the balloon that you want to get. It will make easy in choosing the right loan for you.


    BankBazaar also provides you with facility of calculating your EMI’s after knowing your car loan interest rates. You can calculate it after putting the requisite information like, loan amount, loan tenure and interest rate that will help you in making the right decision for your bit.


    So, want to drive your car home? Check the car loan interest rates, compare it and get your car in few days!

    Perfect Car Loan Deals for you

    Car Loan Interest Rates 2017

    While seeking car loan, interest rates are of prime importance, as it has implications on your personal finances. So, deciding your lender is as important as choosing the right car model. One of the commonly made mistakes is that, people apply for car loans without much research and comparison. Loan comparison helps you in a lot of ways. From choosing the right amount of loan to getting the best interest rates, comparison portals help you in making well informed decisions. Given below is a list of top 20 banks, offering the best deal on car loans.

    Name of the Bank Interest Rate
    State Bank of India 9.25%
    HDFC Bank 9.15% to 11.60%
    Axis Bank 11.50% to 12.50%
    ICICI Bank 10.75% to 12.75%
    Sundaram Finance 9.25% to 11%
    L&T Finance 16% to 18%
    Jammu & Kashmir Bank 11.25%
    Andhra Bank 9.20%
    Punjab National Bank 9.60%
    Oriental Bank of Commerce 9.70%
    Federal Bank 9.75%
    Karnataka Bank 9.65%
    Bank of India 9.95%
    Vijaya Bank 9.80%
    Canara Bank 8.95%
    Bank of Baroda 9.75%
    Yes Bank 10.25% to 12.25%
    Union Bank 9%
    IDBI Bank 10%
    Central Bank 8.90%
    Interest rate 9.25% for men 9.20% for women
    Processing fees 0.50% of loan amount + service charges
    Pre closure charges Nil
    Loan tenure 1 year to 7 years

    HDFC Bank Car Loan Rate of Interest

    Interest rate 9.15% to 11.60%
    Processing fees Up to Rs.5,150
    Pre closure charges Pre closure is allowed after 6 months
    Loan tenure 1 year to 7 years

    ICICI Bank Car Loan Interest Rates in India

    Interest rate 10.75% to 12.75%
    Processing fees Up to Rs.6,153
    Pre closure charges Pre closure charges are applicable only after 18 months
    Loan tenure 1 year to 7 years

    Axis Bank Car Loan Interest Rates Comparison

    Interest rate 11.50% to 12.50%
    Processing fees Up to Rs.5,500
    Pre closure charges Two partial payments allowed in a year. 10% of the principal amount plus service tax till 6 months. 5% after 6 months.
    Loan tenure 1 year to 7 years

    Sundaram Finance Car Loan Interest Rates

    Interest rate 9.25% to 11%
    Processing fees Nil
    Pre closure charges 3% of the principal amount
    Loan tenure 1 year to 5 years

    L&T Finance Car Loan Rate of Interest

    Interest rate 16% to 18%`
    Processing fees Rs.9,000
    Pre closure charges 2% of the outstanding amount + service tax
    Loan tenure 1 year to 5 years

    Jammu and Kashmir Bank Car Loan Interest Rates

    Interest rate 11.25%
    Processing fees 0.5% of the loan amount
    Pre closure charges Nil
    Loan tenure 1 year to 7 years

    Basis for Arriving at Effective Car Loan Interest Rates

    Banks usually apply the same interest rates for all companies but dealer finances most of the times apply rates on a preferential basis. Your car loan interest rate depends on factors such as risk profile, loan tenure, monthly income, etc. While your bank may take into consideration all the aforementioned factors, your dealership finance may offer you a lower interest rate if you have owned a vehicle of the its parent company in the past. Banks usually mention their interest rates on websites and so it is easy to compare the loans of different banks. But on the other hand dealership finances offer loans on a preferential basis and hence, finding their loan details is often a difficult task. Even though car dealerships do not publish their interest rates on websites, you can get better deals on certain variants and models. So it is advisable that you tally the rates of interest offered by the banks and the dealership finance before making your final decision.

    Points to watch out for, before availing Car Loans

    • First and foremost, you should check the loan offerings of different banks and compare their interest rates. The interest rates are different for new and used cars. For new cars the interest rates range from 9.25% to 13.5%, while for used cars it is between 12% and 17.5%.
    • Keep in mind that there are additional costs involved in a car purchase which may not be covered under the loan amount sanctioned by your lender. Banks offer up to 80 to 90% or in some cases even 100% of the ex-showroom price of the vehicle. This does not cover charges such as registration fees, road tax, insurance premium, etc. which altogether constitutes the on-road price of your vehicle.
    • Banks charge you interest rates based on MCLR and the rate charged is generally a fixed one. However, if you are optimistic about a change in the MCLR figures in the future that may bring down your EMIs, then you can opt for floating interest rates.
    • Most lenders charge you for pre-closure of a car loan. Pre-closure charges vary from bank to bank and it is a percentage of the outstanding amount. Generally, it ranges from 3% to 5%, depending on the bank. However, some banks do not levy foreclosure charges.
    • It is easier to avail a car loan as the loan itself is secured against the new car. It also requires less documentation compared to other types of loans. However, it is wise to not stretch your budget and choose a vehicle that is easily affordable for you.

    General Eligibility Conditions for Approval of Car Loan

    Loan application Each and every bank requires a duly filled application form to be submitted.
    Credit report Your credit history plays a key role in the approval or rejection of a car loan application. A good credit score helps you get a better loan amount.
    Income Your lender may ask you to submit copies of your salary slips and bank statements along with the application.
    Identity proof Bank require customers to provide their proof of identity and residence to prevent incidents of fraud and theft.
    Insurance proof The lending organization may also ask you to proof of insurance, to ensure that the vehicle is adequately insured against accidents.
    Co applicant A co applicant is compulsory where where the primary applicant has a poor credit history. A co applicant increases the chances of getting a loan sanctioned.

    How to Apply for a Car Loan Online

    Banks usually have conservative policies which are favorable for individuals with a decent credit score. So make sure that you have cleared all your debts before applying for a new loan. You can apply for a car loan in three simple ways:

    • Apply online through the lender's website by filling out an online form and submitting the necessary documents online.
    • You can also apply through third party comparison portals such as Bankbazaar, where you can make side-by-side comparisons of loans offered by different banks
    • Visit in person any of the branches of your lender and submit an application for car loan, along with copies of necessary documents.
    • Get in touch with the customer care of your lender and speak to an executive, who will forward your loan request to the concerned department.

    Tips to Get the Best Interest Rate on your Car Loan

    Availing a car loan has become much easier these days as banks have relaxed a lot of complicated procedures involved in processing the loan application. However, there are some important points to keep in mind while applying for a car loan.

    • Always negotiate for the best offer if you plan to apply through a dealership finance. Dealers usually have a sizeable margin on new car sales which can come in the form of discounts if properly negotiated.
    • You must compare car loans offered by the leading banks before taking a final decision. Your dealership outlet may suggest you the banks they partner with. But it’s always wise to check a third party website and make a side-by-side comparison.
    • Your credit history will have an impact on your EMIs. So make sure that you have clear all your outstanding payments on existing loans before applying for a car loan. Banks are likely to quote a higher interest rate if your credit score is found to be low.
    • To have a better control over your finances, you must make sure that your loans are cleared at the earliest. So it is advisable that you do not stretch your loan unnecessarily if the EMIs are within your affordable range.
    • Ensure that you have read and understood all the points mentioned in the policy document before signing it. Read all the details pertaining to factors such as processing fees, pre-closure, exclusions, etc. In case of any doubt, get in touch with a banking executive for clarifications.

    Car Loan Interest Rates FAQs

    How to get a car loan?

    You can apply for a car loan online through the bank’s website or through a third party comparison portal in no time. Later, the baking executive will get in touch with you to process the loan depending on your eligibility.

    What is the loan amount that is sanctioned?

    Most banks offer up to 90% of your car’s ex-showroom price. Some banks even finance up to 100% of the vehicle’s ex-showroom price.

    What are the documents required for a car loan application?

    You would be asked by your lender to submit the following documents:

    • A properly filled application form
    • Proof of identity
    • Address proof
    • Income proof

    What are the different types of interest rates offered by banks?

    Just like a home loan, you can avail either fixed rate of interest or floating rates of interest on your car loan.

    Do banks offer loans for used cars?

    Banks also provide loans for pre-owned vehicles and the interest rates would be comparably higher than loans for new vehicles. Other factors such as repayment capacity, car value, loan tenure, etc. remain the same.

    Car Loan Interest Rates for Dussehra – October 2016

    Dussehra calls for zealous celebrations filled with tradition and happiness. Not only is it an auspicious time to start new ventures and buy new things, it is also filled with amazing discounts, offers and deals. Jewellers, retailers and dealers gear up for the special season well in advance. Dussehra is an optimal time to buy a car, be it new or used. Banks and financial institutions offer varied schemes and competitive interest rates to help customers drive home in their own car. Loans are available for new cars and pre-owned cars. Compare different interest rates offered by banks and nonbanking financial institutions on BankBazaar. Interest rates offered by banks are subject to change from time to time. BankBazaar can help you find a car loan that will be convenient for you and suitable to your budget.

    Car Loan Interest Rates for Diwali – October 2016

    This Diwali, a number of banks have put their best foot forward by offering great deals on car loans. Find your ideal car loan when you shop on BankBazaar. You can browse through a list of car loans on the market. View and compare details and interest rates of various offers to make an informed decision. You can also check your eligibility for car loans on the BankBazaar portal. Based on your age, income, employment and other relevant details, BankBazaar can help you find an ideal loan that will fit comfortably into your budget. It is important to note that interest rates offered by banks are subject to change periodically.

    News About Car Loan Interest Rate

    • Datsun redi - GO Hatchback all set to take the market by storm

      One of Japan’s finest carmakers, Datsun is all set to launch its all new hatchback model redi - GO by the end of June. The redi - GO concept was initially launched at the 2014 Indian Auto Expo by Datsun. The Japanese carmaker also revealed the production version in April 2016.

      The redi - GO hatchback model scores well in terms of space and this car can comfortably accommodate four people. The car is taller than the Kwid and features a CMF - A platform. Datsun redi - Go comes with a ground clearance of 185 mm which will help the car tackle bad roads in a comfortable manner. Coming to the interiors, the redi - GO missed out on infotainment systems but flaunts an intelligent interior design. The redi - GO is expected to be priced between Rs. 2. 5 lakhs to Rs. 3. 5 lakhs.

      Planning to purchase the Datsun redi - GO? Check out exciting car loan offers at BankBazaar, also plan your finances ahead with BankBazaar’s Car Loan EMI Calculator.

      3rd June 2016

    • Volkswagen looks to gain a 15% production hike with the Ameo launch.

      With Ameo being launched in July, Volkswagen is counting on the compact sedan’s performance to improve its foothold in the Indian automobile industry. The leading car manufacturer is hoping to get a 15% production hike with the launch of the new vehicle. The Volkswagen Ameo is expected to compete with vehicles like Ford Figo Aspire, Hyundai Xcent and Maruti Dzire. The Ameo is under four metres in length and has been designed according to the traditional VW philosophy. The Volkswagen Ameo is available as petrol and diesel variants, with a 5-speed manual transmission. High-end variants of the Ameo will carry a DSG gearbox option. Car lovers across the country can approach any lender to procure a car loan and take home the all-new Volkswagen Ameo.

      25th May 2016

    • Awaiting the launch of Tata Kite 5, which has been seen tested on public roads

      Tata Motors’ Tata Kite 5, whcih was unveiled at the 2016 Auto Expo, was spotted testing on Indian roads. This compact sedan is based on Tata Motors’ Tiago hatchback and features the same engine as well. The car’s diesel version will feature the 1.05-litre Revotorq unit which produces 140Nm of torque and 70PS of power. The car’s petrol version will feature 1.2-litre Revotron unit which produces 114Nm of torque and 83PS of power. Both versions of the car will have a 5-speed manual gearbox. It is expected that the launch of the car will be in the upcoming festive season.

      13th May 2016

    • Toyota to launch Innova Crysta on May 5

      Toyota Motors is all set to launch the new Innova Crysta on May 2, pricing it between Rs 12 and 18 lakh. The successor of the hugely successful Innova, the Crysta will be available in both petrol and diesel engine, with the option to choose between a manual and automatic transmission. The new car gets a complete makeover compared to its predecessor and Toyota hopes that it will retain the market share it occupied with the old Innova.

      4th May 2016

    • Aston Martin DB11 revealed

      Images of the new Aston Martin DB11 has been revealed before its official reveal date. The car is scheduled to be revealed at the Geneva Motor Show later this year. The leaked images reveal that the car is very stylish and the designs have been slightly influenced by the other Aston Martin car models. This car will have a new 5.2 litre twin turbo V12 engine, which will result in a power of around 600 PS. If you want to own this car, you can apply for a car loan on BankBazaar and avail attractive rates of interest.

      21st March 2016

    • Volvo reveals the V40 before its debut

      Swedish automaker, Volvo, has revealed pictures of the new version of the V40. The car is set to debut in the upcoming Geneva Motor Show. The new model gets a facelift to ensure it is in sync with the rest of the series of Volvo cars. The 2017 V40 also gets the new LED headlights with Thor’s hammer, the new mark of Volvo. This mark has already been made on the S90 and XC90. The new V40 also gets a new grille and an Iron Mark logo. The interiors of the car will see a City Weave upholstery, similar to the one seen on the Estate Concept model.

      The Volvo V40 will be fitted with a less pollutant D2 2.0 litre 4-cylinder engine. The automaker is expected to unveil the V40 and The V90 on March 1st 2016. Once a price tag is hitched to the car, interested buyers can plan their finances through car loans or other means to purchase the V40.

      11th March 2016

    • Car Loan Interest Rate May Decrease only in March

      The Reserve Bank of India is holding policy rates leading to banks being unable to cut interest rates any time soon. Car loan applicants will not see any relief in interest rates at least till March. RBI is currently expecting fiscal reforms to play a role in easing bottlenecks. RBI might cut rates only after the Budget in March. It is awaiting more information and data on inflation development. The coming Union Budget will have structural reforms that control spending and boost growth. This will enhance the growth support the monetary policy can provide. It will also be able to ensure that the inflation rate remains at 5% by the end of the fiscal year.

      22nd February 2016

    • Cheap Auto loans & Increased Interest Rates!

      Car loan interest rates has been increasing subtly and it is more apparent than ever this year, though going by usual standards, they are still pretty low. Most customers will shell out only a few bucks more every month than they normally would have when interest rates on practically all kinds of vehicle financing dipped in 2013. Automobile firms also offer cut-price loans on more designs this season.

      The average interest rates for cars and trucks, be it new or used, have escalated by more than 25 percent as per a recent survey. The less you disburse to fund a new ride, the more reasonable will be your EMIs.

      20th May 2015

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.