The car loan is the great way to drive your dream car without having to make the complete payment upfront. Some other features which make car loan tempting are:

• Flexible contract terms & comfortable tenure of loan i.e. up to the 7 years.
• Competitive & attractive interest rates for car finance.
• The tax deduction can be applicable if a vehicle is used for the business purposes
• Almost everyone with the Permanent Income may apply for the car loan/ auto loan.
• Some banks offer up to the 100 percent of car finance on the ex showroom price & normally up to the 85 percent of car finance on the ex showroom price is available.
• Very less processing fees & prepayment charges.