From the an aggressive interest out of 7.5% yearly, minimal EMI for every single lakh to own a seven-seasons tenure try Rs. 1534.
When you’re a consumer of an established bank, imagine acquiring a loan from them. A confident experience of your current bank can enhance the chance off securing an auto loan at the a lower life expectancy rate of interest.
What are the running charge levied on car loans by the ICICI?
Yes, you need to shell out a particular processing charges on the auto loans from the ICICI that range anywhere between Rs 3500 to help you Rs 8500.
Is somebody decide for a great co-applicant so you’re able to acquire a car loan of ICICI?
If you’re certain financial institutions and financial institutions you’ll enable not related individuals or distant loved ones to act due to the fact co-signers to possess an auto loan, specific lenders has actually strict conditions. They merely undertake co-signers whom alive in one address given that borrower.
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