Cars serve as a convenient mode of transportation for both short and long-distance travels. Whether you reside in a rural area or an urban area, having a car of your own comes in handy when you want to commute to the office, drops kids off at the school, or even go shopping. In the case of long road trips, when you have a car of your own, you don’t have to worry about expensive taxi rides or rental cars. If you are looking to purchase a new or used car under Rs.3 lakh, then take a look at the below-listed cars from some of the top carmakers in the Indian market:
The above-mentioned cars can be bought with a low-interest rate car loan from a reliable lender like a bank or a non-banking financial company. Visit a third-party website to compare various car loan offers online and choose one with the lowest interest rate, zero processing fee, and flexible repayment options. Any salaried or self-employed individual aged between 21 to 65 years with a good credit score of 750 and above, a minimum net income of Rs.3-4 lakh, and a minimum work experience of 2 years in the same field is eligible for a car loan.