Terms of the offer
Car Loan Interest Rates : Get car loan at attractive Interest rate starting at 8.5%" in India. Apply for a loan now at the lowest car loan rates in India. When seeking a car loan , explore multiple options like banks and loan aggregator websites to find the best rates and terms. Interest rates for a Rs 10 lakh loan range from 7.85% to 9.99%. Car Loan - A car loan is a financial agreement that allows you to borrow money to purchase a vehicle, which you repay over time with interest . In India, car loans come with low interest rates and can be repaid over up to 8 years. Some lenders may offer loans covering up to 100% of the car ’s on-road price. Evaluating your financial capability before securing a car loan is crucial to avoid cash flow disruptions. Here is a comparison of the interest rate of car loans and the corresponding EMIs for a loan amount of Rs 5 lakh with a repayment tenure of 5 years across different banks in India.
