If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
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    How to Protect your Car from the Eyes of Burglars?

    Although you don't get a good Return on Investment (ROI) when you invest in a car, they are undoubtedly a convenient mode of transportation. Whether you want to commute from home to office in heavy city traffic or go on relaxed long road trips across the country, having a car of your own is preferable to expensive cab rides or stressful public transportation.

    The price of new car models across top auto manufacturers from luxury sedans to hatchbacks and SUVs have gone up this year. Fortunately, banks and non-banking financial companies offer low-interest rate auto loans for the purchase of new and used cars of your choice. Unfortunately, after you have gone through the trouble to get your dream car, there is the fear of it being stolen. It is true, that chances of car burglary are high in the country.

    Having your car stolen can have a devastating effect on you and your family both financially and emotionally. There is a need for security in order to prevent car burglary. Whether you own the most expensive car or a second-hand car with low resale value, here are some useful tips to help you protect your car against opportunistic burglary:

    • Don't leave valuables in your car: Make it a point to remove valuables from your vehicle before parking it on the street or any public space. If you do keep valuables in your car, keep them hidden from view.
    • Don't leave your car keys in the vehicle: Ensure your car keys are safely kept in your handbag or dress pocket.
    • Don't leave your car windows open: Lock the windows of your car when you aren't in it. Always lock the windows and doors of the car after parking it.
    • Park your car in a garage: Make it a habit to park your car in a garage with locked doors even if you will be needing your car again in a short period of time. If you have no other option but to park your vehicle in an open public space, at the least park it in an illuminated street with a guard and CCTV cameras.
    • Car burglary awareness: Believe it or not, there is a particular season during which car burglary is at its peak. Be extra vigilant during that season with your prized possessions, namely your car.
    • Don’t leave your car running when you aren’t in it: In this country, relieving oneself on the roadside on a long road trip is a common occurrence which has to be discouraged. Drivers tend to leave their vehicles running when they step out to drink tea or relieve themselves. Choose to take care of nature calls in a public restroom and park your car in view of shops and stores where there are guards present.
    • Stolen Vehicle Recovery System: If your car comes with the option of a stolen vehicle recovery system, then go for it. The SVRS can help law enforcement track the stolen car.
    • Install car security devices: Install security equipment in your car like car alarm devices and motion sensors with LED indicators and sirens that can alert the nearby people to a break-in.
    • Car Central Locking System: Just because your car has a central locking system, do not assume that your vehicle is safe against auto burglary. Car thieves are becoming techno-savvy with the production of newer car models with advanced security features. Therefore, don’t forgo any common security measures by blindly assuming that your car is safe with just a CLS.
    • Drive your car frequently: Driving your car often will discourage thieves from trying to steal it. Anyone who is observing your daily routine will know that your car is not idly parked on the street or a garage where it will be missed for days together when you are driving it frequently.

    Top Deterrents of Car Thieves

    Here are the top 10 deterrents of car thieves:

    • Installing CCTV cameras inside and outside your home, on the street and roads can deter thieves from trying to steal your vehicle.
    • Having a car alarm installed in your vehicle can alert you to any ongoing break-in. As soon as you hear the car alarm, you can take necessary actions to prevent the thief from driving away in your car. Immediately report the incident to the authority.
    • Street lighting can discourage thieves from breaking into a car. Parking your car in a badly lit street can give thieves confidence to break into your car. In an illuminated street, there are chances of someone seeing the thievery and alerting the authority which can discourage car thieves from taking the next step.
    • Newer models of cars come with advanced technology features for improved security measures against car burglary.
    • Steering lock device in a car can prevent a thief from driving off in your car after a break-in.
    • Organise neighborhood watch committees to discourage any sort of theft in your neighborhood.

    Most car burglaries are cases of opportunity which could have been prevented if the owner/driver had taken a few safety measures. Therefore, ensure you implement the above-mentioned security measures to protect your car against burglary. Also, a valid comprehensive car insurance policy can help protect you against damages incurred as a result of vehicle theft.

    Car Loan Reviews

    • Bank of Baroda Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The experience with them has been quite good with this loan where the loan amount has been sufficient. The interest rate which they offered has been nominal when compared with the market rate and there has not been any extra charges which they had made so far. Their customer support team had also been supportive as well.
      Was this review helpful? 2
      , navi mumbai
      Reviewed on Jan 18, 2019
    • HDFC Bank Car Loan
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      Before three years I purchased second vehicle that is Hyundai I 10 , the documentation process was good with HDFC. The dealer coordinated with the bank, hence the process was quick. I got multiple options but I chosen HDFC, the Interest rate is better because I am an existing customer.
      Was this review helpful? 0
      , delhi
      Reviewed on Jan 18, 2019
    • HDFC Bank Car Loan
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      I was taken car loan from HDFC, first time I purchased SANTRO car, the documentation was very convenient. They gave me the door step service I went to the dealer and they done the process, and on time I got the car deliver. They gave me the flexible emi option.
      Was this review helpful? 1
      , delhi
      Reviewed on Jan 18, 2019
    • SBI Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It has been quite a good experience i had with this car loan and the loan amount which they had provided has been sufficient as well. The interest rate with them was around 9.25% which was nominal when compared with the market rate. The charges which they had made has been nominal as well, and even their customer support has been responsive as well.
      Was this review helpful? 2
      , bhubaneshwar
      Reviewed on Jan 17, 2019
    • SBI Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have been taken my car loan with State bank of India, they have given me sufficient loan amount, and i am satisfied with the loan amount , and the rate of interest they have charged me up to 9.45% which is bit high compare to other bank,i have asked for 9 % but its okay, and the processing fee they have charged me was nominal,overall service is good.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 17, 2019
    • Kotak Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been taken my car loan with Kotak mahindra bank recently ,like 2 months before i took this loan, and i am happy with the loan amount they have given me ,it was sufficient for me, and the rate of interest they have charged me up to 9.3% which was nominal for me and the processing fee they have charged me was nominal, the loan amount process went smoothly. the overall service rendered by them was really good.
      Was this review helpful? 1
      , chennai
      Reviewed on Jan 17, 2019
    • Central Bank of India Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It was a good experience i had with this loan and the loan amount which they had provided has been sufficient. The interest rate with them is quite nominal when compared with the market rate. There has not been any sort of additional charges which they had made so far.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jan 13, 2019
    • SBI Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I took my car loan in State Bank of India by last year. The charges are normal. I have spend down payment nearly 1L out of 7L. The branch is near to my residence so will never contact the customer service. The process was immediate and it was completed within 2 days.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jan 12, 2019
    • HDFC Bank Car Loan
      "Its Excellent"
      0.5 4.5/5 "Excellent!"
      HDFC gave me the door step service for the car loan. I took the loan before three years. It was the fantastic experience for me because I got the better interest, I took the loan for 5 years but I done the foreclose in three years , there was no charges for it.
      Was this review helpful? 2
      , ahmedabad
      Reviewed on Jan 11, 2019
    • Capital First Car Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      The process in getting my Car loan from them has been quite good and the process went smooth. The loan amount was sufficient but the interest rate with them has been quite high when compared with the market rate. Their customer support and their response has been good and has been helpful as well.
      Was this review helpful? 2
      , bangalore
      Reviewed on Jan 10, 2019
    • HDFC Bank Car Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      My car loan experience with HDFC has been good and the loan amount which they had provided has been sufficient. The interest rate with them has been nominal and there has been some charges like processing fee. Overall their has been a help from their customer support as well.
      Was this review helpful? 1
      , pune
      Reviewed on Jan 09, 2019
    • HDFC Bank Car Loan
      "Average Loan Service"
      0.5 3.0/5 "Satisfactory"
      I have approached the bank directly for my car loan. Since I'm existing customer of HDFC for 13 years, i have chosen them. I purchased the loan amount of Rs. 2 lakhs. They have offered me a interest rate of 16% In October 2018, i have closed this loan. Total tenure period of the loan was 3 years. Car Dealer has recommended me about this loan.
      Was this review helpful? 4
      , srikakulam
      Reviewed on Jan 09, 2019
    • Magma Car Loan
      "Average service"
      0.5 1.5/5 "Bad"
      I have been using my car loan with Magma Fincorp previously, they have given me sufficient loan amount ,the rate of interest they have charged me was high,and the processing fee they have charged me was high , i was not happy with there service.
      Was this review helpful? 3
      , ghaziabad
      Reviewed on Jan 08, 2019
    • HDFC Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have been using my car loan with HDFC bank, there service is too good, the loan amount they have given me was sufficient,the rate of interest they have given me up to 9% which is nominal for me,and the processing fee they have charged me was nominal only they have charged me up to 1% only,and still my loan is running ,there was no hidden charges they have charged apart from that,overall service is good.
      Was this review helpful? 1
      , ghaziabad
      Reviewed on Jan 08, 2019
    • HDFC Bank Car Loan
      "Nice offer and nice loan"
      0.5 4.0/5 "Great!"
      I had a car loan with HDFC 1 year back. They have given me a nice offer hence i opted the loan with HDFC. I'm not sure about the partial payment and pre-closure facility. They have given me a nice interest rate according to what i want. I was taken a loan amount of Rs. 3 lakhs.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 08, 2019
    • review Car Loan
      "Need to reduce the charges"
      0.5 3.5/5 "Pretty good"
      I have taken a car loan in Nissan Institution, it was good. I bought the car from same showroom and they have provided me a facility. The rate of interest was high. The documentation procedure was simple. I have taken the loan almost 2 years back and its still running. The loan tenure is 5 years.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jan 08, 2019
    • HDFC Bank Car Loan
      "Looking for less interest rate"
      0.5 4.0/5 "Great!"
      My car loan experience was good with HDFC bank, loan amount was sufficient and the rate of interest was high when compared to other banks. Customer service was good and they responded on time. The tenure period for this car loan is for 5 years.
      Was this review helpful? 1
      , new delhi
      Reviewed on Jan 08, 2019
    • ICICI Bank Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my car loan with ICICI bank, the rate of interest they have charged me was nominal and they have charged me processing fee they have charged me which was nominal, the loan amount they have given me was sufficient according to the car price i got my loan, still this loan is running,overall service is good.
      Was this review helpful? 3
      , new delhi
      Reviewed on Jan 08, 2019
    • IOB Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my car loan with Indian overseas bank, the loan amount they have given me was sufficient, they have charged nominal rate of interest they have charged me up to 9 % which was nominal and there is zero processing fee , so far there service is have experience was good, they have not taken any hidden charges ,there overall service is good.
      Was this review helpful? 2
      , mumbai
      Reviewed on Jan 08, 2019
    • HDFC Bank Car Loan
      "Good loan experience with HDFC"
      0.5 4.0/5 "Great!"
      My car loan running with HDFC bank, the customer service is super and the fast approval on the disbursement. They taken 15 days to deliver the car. The principal amount is Rs. 4 lakhs for the tenure of 5 years, the car model is baleno which is latest.
      Was this review helpful? 3
      , aligarh
      Reviewed on Jan 07, 2019
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