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Loans FAQs

Explore various loan options with our detailed FAQs. Access clear, concise information to choose the most suitable financing solutions for your needs.

The loan-to-value (LTV) ratio plays a very important role in a used car loan application.
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When you select bullet repayment for a used car loan, your EMI structure will differ from a standard loan.
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Borrowers can significantly simplify and improve their used car purchasing experience by partnering with a lender and dealership.
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Every time the RBI (Reserve Bank of India) changes its monetary policy, especially the repo rate, it starts a chain reaction which in turn affects the interest rates you see on used vehicle loans.
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Absolutely, it is possible and even advantageous to negotiate a used car loan's terms and interest rates.
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Failure to pay your car loan on time can have lasting effects on your finances and your ability to secure future loans.
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When applying for a loan to purchase a second-hand commercial vehicle, lenders will take a thorough approach to your application.
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