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  • Q. Can I get loan for 7 years? If yes, could I fill the remaining loan at earlier than loan period?

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    Zigwheels
    Zigwheels | 1 year ago

    If you are considering taking a car loan, feel free to ask for quotes from multiple banks from the dealership itself. A lot of banks and lending authorities have tie-ups with dealers to offer you easy loan. Or, you can check with your own trusted bank and authorities in case they have a better loan plan to offer.Also, if you are planning to buy a new car on finance, then generally, 20 to 25 percent down payment is required on the ex-showroom price of a car. However, exact confirmation regarding EMI, down payment, interest, loan period and its procedure will be discussed by the bank only, as it depends upon an individual eligibility. For more details, you may connect with the nearest authorized dealership in your city.

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