Some Crucial Points About Car Loan To Be Checked

-
Car loan is a loan which is taken for buying a car. It can be called a secured loan as your car is being kept as collateral with the bank. Loan value is computed by the bank on the basis of on-road-price of the car.

  • Shop around in order to get the right deal- If you want to find the right deal then you should shop around as there are varied loan options in the market like PNB car loan, SBI car loan HDFC Bank new car loan, Axis Bank car loan, ICICI Bank car loan, etc. Therefore, it is useful to make a comparison among varied loan options.

  • Down payment- Usually, 15 per cent-20 per cent of the total car loan would be paid upfront to the lender and it is known as down payment. It could be decided on the basis of the value of the car. So, it is crucial that before you apply for the loan, you should have some money in hand which you pay as down payment.

  • Crack a good deal- Convenience can be called the main point which should be given due weitage. You should renegotiate with the lender in order to get good deal. But here, one thing which is important is that you should have good negotiation skills and should do some groundwork in order to avoid unwarranted hidden costs.

Comments

Post a Comment

Popular posts from this blog

Nursery Admissions St. Anne’s Convent School Sector 32-C, Chandigarh

-
Image
Registration   Notice for L.K.G 2015-16 APPLICATION FORM FOR REGISTRATION  TO  LOWER KINDERGARTEN 2015-2016. will be available on the School Web site   www.sacschd.in   from 1 st   to 20 th     December 2014, till   12 noon .   Eligibly:            Children born between 1 st   April 2010 and 31 st   March 2011.  Others need not apply.  The rest of the information will be on the application form. There are four pages in the form. The complete form must be downloaded and duly filled.    Registration Fee   Rs.  50/- (to be paid at the time of submission of the form)         Application form for LKG-2015-16 Principal
Read more

Still No Notification On 298 Schools

-
It has been a week since nursery admissions for private schools began in the city. With January 23 as the last day for schools to accept applications, there is still no notification on the 298 schools built on DDA/government land. Many prominent schools in the city built on DDA land have to accept 75 per cent students from the neighbourhood. Delhi HC orders The Directorate of Education (DoE) had issued a statement saying that as per Delhi High Court orders, all private schools have to adopt the criteria of admission which must be clear, well-defined, equitable, non-discriminatory, unambiguous and transparent, but failed to comment on when the notification for the 298 schools would come out. In case of grievance The statement had also said that any grievance with regard to the admission process or complaints related to donation/capitation fee being charged by schools, non-display of criteria/procedure of admissions, non-availability of admission forms or any other complain
Read more