Car Loans News & Advice from rupeetimes.com
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- Two-wheeler loan defaults rise to 40%
BANGALORE: The defaults on two-wheeler loans in Indian market have jumped up to a whopping 40%. This has led to an increased scrutiny of all new loan seekers and the once affordable two-wheeler could now be slipping out of a commoner's reach.The reason for this increase in defaults can partly be at...
Thu, 04 Oct 2007 04:40:12 -0400
- Central Bank of India reduces interest rates on retail loans
New Delhi: Central Bank of India, keeping pace with the recent developments in Indian banking sector has slashed its interest rates on retail loans by 0.50 percentage points. This reduction in interest rates will be effective from October 1st, 2007. Unlike other banks, which have reduced the interes...
Thu, 04 Oct 2007 01:30:35 -0400
- Banks bring in floating interest car loans to beat the slump
New Delhi: Auto sales have plunged drastically due to the prevailing high interest rates. During the first five months of this fiscal, the passenger car segment has had a single digit growth rate, the two wheeler sales are down by 10% and the commercial vehicles sales have got the maximubm beating....
Fri, 07 Sep 2007 00:00:00 -0400
- Your dream car - with good Car Loans from Banks in India
As we succeed in life and achieve new milestones, we reward ourselves with better things. Buying a car is one such thing, and most of us look forward to it. However, it is not essential that you must have the entire amount to fund the car in your pocket. Based on certain conditions, banks in India a...
Mon, 03 Sep 2007 00:00:00 -0400
- New Vs. Used Car loan in India: Benefits and drawbacks
A new car might be very tempting, but the strange fact is that greater number of used cars are sold than new ones. Buying new or used, both have their own benefits and drawbacks. Your budget, the amount you can afford as monthly installments, how you want to use the car etc. many such consi...
Fri, 10 Aug 2007 00:00:00 -0400