SBI car loan: State Bank of India has exclusive automobile offers for customers on applying for a car loan through YONO.
Car loan: Since car loan is a secured loan backed by the car you have bought, the interest rates are not steep.
One can opt for used car loans at an attractive interest rate that comes with a repayment option up to a tenure of seven years
According to the 20-10-4 rule, one should be able to foot 20% of the on-road price of the car as down payment while booking with 4-year payment plan