himanshubansal93
KF Rookie
Hi, can someone please recommend the best car loan interest rates available in the market? Also, nill pre-payment charges?
Till now, this is what I have gathered:
-> Most PSU banks offer an 8.8-9% interest rate with 0 prepayment charges, But the processing charges are different for each bank - (varying from 0.2-0.5% + GST) along with 0.5% stamp duty.
-> HDFC - 9.4% with ~5% prepayment penalty, IndusInd: 9.5%
is there a better option available?
Till now, this is what I have gathered:
-> Most PSU banks offer an 8.8-9% interest rate with 0 prepayment charges, But the processing charges are different for each bank - (varying from 0.2-0.5% + GST) along with 0.5% stamp duty.
-> HDFC - 9.4% with ~5% prepayment penalty, IndusInd: 9.5%
is there a better option available?
