Comparison of Best Personal Loan Providers in IndiaName of the LenderLoan AmountInterest Rate (p.a.)State Bank of India (SBI)Up to Rs. 20 lakh.9.60% onwardsHDFC BankUp to Rs. 40 lakh.10.50% onwardsICICI BankUp to Rs. 25 lakh.10.50% onwardsAxis BankUp to Rs. 15 lakh.11% onwards4 autres lignes•12 juil. 2021
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Which bank is best for used car loan?
Used Car Loan Interest Rates Comparison, Lowest EMI Jul 2021, Best RatesBankCar Loan Interest RatesHDFC Bank Car Loan Rates13.75% FixedSBI Car Loan Rates9.75% FloatingICICI Bank Car Loan Rates12.00% FixedKotak Bank Car Loan Rates6.50% Fixed10 autres lignes
Is it better to get a bank loan to buy a car?
If you can’t afford cash, a personal loan is usually the cheapest way to finance a car deal – but only if you have a good credit score. You can get a personal loan from a bank, building society or finance provider if your credit rating is good. … Make sure the loan is not secured against your home.
How much personal loan can I get if my salary is 15000?
With 15,000 salary, borrowers can easily avail small cash loans ranging from 50,000 to 1,50,000. This is easy to repay when broken down into EMIs. However, the loan amount can vary from lender to lender. Simply Cash is one of the latest personal loan apps helping with instant loans within 24 hours.
How much personal loan I can get if my salary is 30000?
Consider – how much personal loan can I get on a 20,000 salary? Sans any other financial obligations, you can expect to be eligible for a loan of Rs. 5,40,000….Multiplier Method.SalaryExpected Personal Loan AmountRs. 20,000Rs. 5.40 lakhsRs. 30,000Rs. 8.10 lakhsRs. 40,000Rs. 10.80 lakhsRs. 50,000Rs. 13.50 lakhs1 autre ligne•8 avr. 2020
Is it OK to buy a repossessed car?
Buying a repo car is very similar to buying a normal used car. … At the end of the day, buying a repossessed vehicle can be a way to get a used car at a slightly cheaper price, however your concerns should still be the same as if you were going directly to the dealer and purchasing a certified pre-owned car.22 sept. 2020
What is a good used car loan interest rate?
Average Used Car Loan Interest Rates by Credit Although there’s always going to be some wiggle room, the average used car loan interest rates are as follows: Excellent Credit (750 or Higher) – 5.1% APR. Good Credit (700 to 749) – 4.91% APR. Average Credit (600 to 699) – 5.89% APR.
What is a used car loan?
used car loan is the amount of money you’ll be borrowing. Used cars cost less, which means you can get a shorter term loan you can afford, and spend less money in the long run.2 mar. 2021
What should you not say when buying a car?
1. ‘I love this car! ‘
2. ‘I’ve got to have a monthly payment of $350. ‘
3. ‘My lease is up next week. ‘
4. ‘I want $10,000 for my trade-in, and I won’t take a penny less. ‘
5. ‘I’ve been looking all over for this color. ‘
6. Information is power.
What should you not say to a car salesman?
1. “I really love this car”
2. “I don’t know that much about cars”
3. “My trade-in is outside”
4. “I don’t want to get taken to the cleaners”
5. “My credit isn’t that good”
6. “I’m paying cash”
7. “I need to buy a car today”
8. “I need a monthly payment under $350”
What credit score is needed to buy a car?
661
How much loan can I get on 35000 salary?
Understand your salary:Net Monthly Income (₹)Loan Amount (₹)₹ 30,000₹ 17,09,806₹ 35,000₹ 20,46,586₹ 40,000₹ 23,83,366₹ 50,000₹ 30,56,9262 autres lignes
What is the minimum salary for car loan?
Check Eligibility Criteria for Car LoanAgeMinimum Age: 18 yrs. Maximum Age: 75 yrs.SalaryRs.10,000 per month (minimum)Employment Type StabilitySalaried or Self-employed individual/ partnership 3 yrs. (minimum) total experience/yrs. in business/profession;2 yrs. (minimum) in current post/business/profession2 autres lignes•29 oct. 2018
What is minimum salary required for personal loan?
Personal Loan Eligibility Criteria The minimum salary for a personal loan for salaried individuals is INR 25,000 per Month (for residents of Mumbai and Delhi) or INR 20,000 per Month (for all other locations).
Can I get personal loan if my salary is 20000?
20,000 – Rs. 25,000, chances are the loan EMI amount wouldn’t exceed Rs. 12,500, which is about 50% of your monthly income. While these are general guiding principles for lenders, ensure that you have a good credit score and credit history.