If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
  • Car Loan BYTES FROM OUR KITCHEN

    Upcoming Electric Cars in India

    As the level of pollution keeps rising and the prices of fossil fuels continue to soar, the demand for electric vehicles in the market is also increasing exponentially. To tap this booming industry, multiple car manufacturers are putting in all their efforts to create and launch vehicles that not only run on clean and green fuel, but also help the buyer save money in the long run. At the 2018 Auto Expo held in New Delhi, various manufacturers featured their electric products to create awareness among the masses regarding electric vehicles. If you are looking to buy an electric vehicle but can’t decide, see the below mentioned list to learn about the upcoming electric cars that are going to be launched in 2018.

    • Tata Tigor EV After showcasing the electric sedan at the 2018 Auto Expo to gauge the customers’ reaction, Tata Motor Company plans to launch the Tata Tigor EV around December 2018. Expected to be priced at Rs.10 lakh and onwards, the 5-seater, electrically driven car will resemble its counterpart while the interiors might get a design upgrade with premium upholstery. The car might sport additional features such as pedestrian protection system, regenerative braking system, and parking assist system for the convenience of the driver. The Tata Tigor EV will be equipped with a 29.8 kW electric motor that can run for 80 kms to 130 kms on full charge.
    • Tata Tiago EV The Tata Tiago EV hatchback will be outfitted with a 29.8 kW, liquid-cooled, electric motor in addition to a single-speed transmission that generate a maximum torque of 200 Nm while offering a top speed of 135 kmph. This electric car can accelerate from 0-100 kmph in 11 seconds. The car is rumoured to sport a 3-phase, AC motor that is capable of producing around 40 bhp. Resembling its fossil fuel-driven sibling, the Tata Tiago EV is slated to be released between June 2018 and August 2018 with an estimated price range of Rs.8 lakh to Rs.10 lakh.
    • Mahindra KUV100 NXT EV Likely to be priced between Rs.9.00 lakh and Rs.11.00 lakh, the Mahindra KUV100 NXT EV is expected to feature a driving range of 100-150 kms on full charge along with a maximum speed of 186 kmph. Outfitted with a 3-phase AC induction motor offering a high output range of 50 ps to 75 ps, this electric SUV will have 2 forward driving modes and an easy-to-charge battery. With the option of 5 or 6 seats, the car will feature remarkable interior and exterior design aspects. The Mahindra KUV100 NXT EV will also be equipped with a regenerative braking system to prevent overheating along with numerous safety features such as pedestrian protection system and parking assist system. This car will be launched in June 2018 to August 2018 tentatively.
    • Mahindra e2o NXT Expected to be launched in March 2018 with a price tag of Rs.6 lakh approximately, the Mahindra e2o NXT will feature a 3-phase, 2-cylinder, induction electric motor coupled with a fully automatic gearbox. This car can generate a maximum power of 25.5 bhp at 3750 rpm and a maximum torque of 53 Nm at 3400 rpm while offering a top speed of 81 kmph. Equipped with engine immobiliser and a Traction Control System (TCS), the design of the 5-seater electric car has been revamped with a blue backlit grille that focuses on the electric powertrain and large dual-barrel headlamps along with a larger infotainment console.
    • Hyundai Kona The Hyundai Kona is likely to become available to the Indian masses with an option for 2 different powertrains. The long-range version is expected to be outfitted with a 64.0 kWh, lithium-ion polymer battery that offers a driving range of 470 kms and 204 ps of maximum power. On the other hand, the short-range powertrain might feature a 39.2 kWh battery pack that can run for 300 kms on full charge and offers a maximum power of 135 ps along with a maximum torque of 395 Nm. This car might be capable of attaining a top speed of 167 kmph. This entry-level luxury SUV is estimated to be priced at Rs.30 lakh or above, and is expected to reach the Indian market by 2019.
    • BMW i3s Likely to be worth between Rs.26 lakh and Rs.29 lakh, the BMW i3s will make its way to the Indian market sometime around September 2018. Being the first electric car to be launched by a luxury manufacturer in the country, this highly-advanced electric car is packed with innovation - starting from the high-voltage lithium-ion batteries with 18.8 KWh rating to the state-of the-art eDrive system. The BMW i3s is outfitted with a 125 kW electric motor that can generate a maximum torque of 250 Nm and a driving range of 160-190 kms. According to the condition of the road, the driver will have the option to choose from 3 driving modes to ensure efficient driving - Comfort, ECOPRO, and ECOPRO+. Additionally, the BMW i3s can accelerate from 0 kmph to 100 kmph within 7.2 seconds.

    If you are planning to buy an electric car to save money in the long run while contributing towards a green and clean environment, you can avail a low-interest car loan to receive financial aid during your purchase. Using an online car loan EMI calculator, you can check the monthly EMI that you will have to pay towards a loan for a predetermined period of time. You can choose a plan that fits your budget and requirement and apply for the scheme online without having to do any of the legwork. With online paperless transactions, the car loan amount will be disbursed to your account in no time.

    Car Loan Reviews

    • ICICI Bank Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my car loan with ICICI bank for long time, they have given me sufficient loan amount, and they have charged me nominal rate of interest in this loan , they have charged me up to 8.85% .And they have charged processing fee in this loan ,they have charged me up to 2000 rupees, overall experience was too good in this bank.Still the loan is running.
      Was this review helpful? 1
      , new delhi
      Reviewed on Jan 22, 2019
    • SBI Car Loan
      "Car loan with lowest interest rate and easy repayment"
      0.5 5.0/5 "Blown Away!"
      I have bought my car loan from State bank of India. I have done the pre-closure and they have not charged anything extra money for that. I have got the loan in the year of 2018. They have provided me a car loan with the percentage of 9.25% and the documentation process was very easy.
      Was this review helpful? 0
      , thiruvananthapuram
      Reviewed on Jan 22, 2019
    • HDFC Bank Car Loan
      "Very Good Service"
      0.5 5.0/5 "Blown Away!"
      The process in getting this Car loan was quite good and the loan amount which they had provided has been sufficient as well. The interest rate with them has been nominal when compared with the market rate and the charges which they had made has also been nominal as well. Their customer support team had also been helpful as well.
      Was this review helpful? 0
      , guwahati
      Reviewed on Jan 22, 2019
    • Bank Bazaar Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I have recently started using the services of Bank Bazaar to get my Car loan, and the process was simple. I came across their services while i was going through the internet and i had downloaded their mobile application which has a very good user interface. Their customer support team had also been responsive and was helpful at times.
      Was this review helpful? 0
      , goa
      Reviewed on Jan 22, 2019
    • HDFC Bank Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I had chosen my Car loan from them since i was holding my Salary account from them. The process in getting this loan has been simple and the documentation was also simple. The loan amount has been sufficient and they had charged with an interest rate of 9.5% which is nominal with the market rate. The processing fee with this loan has also been nominal.
      Was this review helpful? 0
      , goa
      Reviewed on Jan 22, 2019
    • Capital First Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The experience with my Car loan from them was quite good where the process has been simple. The loan amount has been sufficient and the interest rate with them has been nominal when compared with the market rate. There has not been any sort of charges which they had been making and the processing fee was nominal. Their customer support team had also been helpful as well.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Jan 22, 2019
    • Bank Bazaar Car Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      The experience i had with Bank Bazaar has been quite good and it was nice. They had been helpful for getting Personal loam, Home loans, Car loans and i had been using the mobile application of them which has been convenient in using. I had come to know about the services of them through advertisements and through my friends.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jan 22, 2019
    • ICICI Bank Car Loan
      "Very Good Service"
      0.5 5.0/5 "Blown Away!"
      The process in getting loan was quite easy and smooth where it was not lengthy and they had collected the documents at the doorsteps. The loan amount which they had provided has been sufficient and the interest rate with them has been less when compared with the other banks. The charges which they had made has been nominal as well. Their customer support has also been responsive and was helpful.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jan 22, 2019
    • Bank Bazaar Car Loan
      "Very Good Service"
      0.5 5.0/5 "Blown Away!"
      It has been a good experience with Bank Bazaar while i was getting Car loan through them, i had been using the services of them for the last six months. I came to know about them through internet and i had used their website which has been convenient as well. Their customer support has also been responsive and has been helpful.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jan 21, 2019
    • HDFC Bank Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The process was easy in getting the car loan from them and the loan amount was sufficient as well. The interest rate with them was nominal when compared with the market rate and the charges which they had made where also nominal. Their customer support also was helpful and i had not faced any issues.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jan 21, 2019
    • Bank Bazaar Car Loan
      "24/7 available bank service"
      0.5 5.0/5 "Blown Away!"
      To approach the bank for my car loan is very difficult for me. I have done the documentation through online. I got the car loan with the minimum effort because with the help of bankbazaar. I was searching the various products like mutual funds, loan and i have been checking the bankbazaar website for all kind of financial product. I go through this website for any kind of investment plan.
      Was this review helpful? 0
      , thiruvananthapuram
      Reviewed on Jan 21, 2019
    • HDFC Bank Car Loan
      "Easy and affordable car loan"
      0.5 5.0/5 "Blown Away!"
      It was available with the car loan with the minimum documentation hence i have selected the HDFC bank for my car loan. I have got the interest rate of 9.5% and I'm satisfied with the. At the amount of Rs. 2500 they have charged as a processing fee. They have sanctioned the loan time.
      Was this review helpful? 0
      , thiruvananthapuram
      Reviewed on Jan 21, 2019
    • Bank Bazaar Car Loan
      "Its Excellent"
      0.5 4.5/5 "Excellent!"
      I just explored about the car loan offers through Bank Bazaar. I got best deal from ICICI bank, then I selected that option. Bank Bazaar executive called me connected with the bank on time without any hassles or without approaching anyone i had received the loan on time.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 21, 2019
    • Bank Bazaar Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I am using the services of Bank Bazaar for the last three years and whenever i go in Google to check any financial products where i had come to know about the services of Bank Bazaar. The process in getting my car loan through them was very simple and everything was done online. Their customer support has also been responsive and had a good communication.
      Was this review helpful? 0
      , gorakhpur
      Reviewed on Jan 21, 2019
    • HDFC Bank Car Loan
      "Excellent Service"
      0.5 4.0/5 "Great!"
      I had chosen to go with them since it would be easy in getting a loan through them. The process had went well and the loan amount which they had provided has been sufficient as well. The interest rate with them has been nominal when compared with the market rate. The charges which they had made has also not been high.
      Was this review helpful? 0
      , gorakhpur
      Reviewed on Jan 21, 2019
    • Bank Bazaar Car Loan
      "Its Customer friendly"
      0.5 5.0/5 "Blown Away!"
      One place to find all the financial banking offers and also I would say its easy to identify the best product. More over the site is nice to upload the documents for the loan products rather approaching the bank. Its a time saving website, the response is good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 21, 2019
    • HDFC Bank Car Loan
      "Recommendable car loan"
      0.5 4.0/5 "Great!"
      My salary account belongs to HDFC bank, hence I thought go with the same bank for the car loan. I hope the interest rate is less for me and also paper work became very easy. Even my car loan got sanctioned within 3 to 4 days then I have purchased Tata Tiago car.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 21, 2019
    • Bank Bazaar Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The experience with Bank Bazaar has been quite good and i had started using the services of them for the last couple of months. Everything has been done online which was easy and convenient. I had used their mobile application which has a very good user interface. Their customer support has also been responsive and was helpful.
      Was this review helpful? 0
      , aurangabad
      Reviewed on Jan 21, 2019
    • HDFC Bank Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The process in getting this loan was quite simple and easy and the loan amount which they had provided has also been sufficient as well. I had chosen to go with them since the charges where very less with them as well as the interest rate which they where offering has been less when compared with the market rate which was around 9.2%. The customer support team of them has also been helpful at times.
      Was this review helpful? 0
      , aurangabad
      Reviewed on Jan 21, 2019
    • Bank Bazaar Car Loan
      "Good website"
      0.5 4.0/5 "Great!"
      Bankbazaar is good website and the overall process was easy. One of my friend has suggested me about the bankbazaar website. This is my first experience with bankbazaar. I have checked my credit score through bankbazaar website recently.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 21, 2019
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