During the an aggressive rate of interest off seven.5% yearly, the minimum EMI for every single lakh to own an effective seven-year tenure are Rs. 1534.

While you are a buyers regarding an established financial, thought obtaining financing from their website. A positive reference to your existing bank can raise the right out-of protecting a car loan at the a reduced interest rate.

What are the handling fees levied toward car loans because of the ICICI?

Yes, you need to spend a specific running costs into car loans from the ICICI one to ranges between Rs 3500 to help you Rs 8500.

Is some body choose for a beneficial co-applicant so you can acquire a car loan regarding ICICI?

When you find yourself particular banks and you can creditors you’ll permit unrelated anybody otherwise faraway family unit members to behave just like the co-signers to have an auto loan, certain loan providers enjoys stringent requirements. They only deal with co-signers whom alive at the same address since the debtor.

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