At the a competitive rate of interest out of 7.5% per year, minimal EMI per lakh getting a beneficial 7-year tenure was Rs. 1534.
Whenever you are a consumer of a reputable financial, imagine obtaining financing from them. An optimistic reference to your existing financial can raise the alternative regarding securing a car loan during the a lower interest rate.
Any kind of control charges levied towards auto loans by ICICI?
Yes, you must spend a certain processing fees towards the auto loans of the ICICI one to selections ranging from Rs 3500 so you’re able to Rs 8500.
Is anybody go for an effective co-candidate to help you acquire a car loan regarding ICICI?
If you are specific financial institutions and you may financial institutions you will permit not related some body otherwise faraway household members to do something as co-signers to own an auto loan, particular loan providers has actually stringent standards. They only deal with co-signers who alive in one target since the debtor.
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