Want to drive your own dream car but don’t have the money to buy it? A car loan can help you in getting your dream car today. Apply for a car loan with LoanKorner.com and with a few EMI’s, become the owner of your own dream car.
Why should you compare various car loan schemes with LoanKorner.com?
LoanKorner is India’s one of the best loan comparison service portal. For trusted advice on loans and solutions for your financial needs, you can take free advice from expert anytime on the phone. With tie-ups with leading banks and financial institutions providing car loans, LoanKorner is your ultimate destination for best deals. Our user-friendly website enables you to compare the best offerings in the market and make the best possible choice.
Key Points You Should Consider While Applying for Car Loan:
A Car loan is the best way to drive your dream car without having to make the full payment. Some other features which make a car loan lucrative are:
✓ Easy contract terms and comfortable tenure of loan i.e. up to 7 years
✓ Reasonable and attractive rates of interests
✓ A tax deduction may be applicable if the vehicle is to be used for business purposes
✓ Almost everyone with a Permanent Income can apply for a car loan
✓ Some banks offer up to 100% of car loan on ex-showroom price and generally up to 85% of car loan on available ex-showroom price.
✓ Very low processing fees and prepayment charges.
Find below the market share of major banks in Car Loan category:
| Bank | Market Share in Car loans |
| HDFC Bank | 26% |
| SBI | 22% |
| Kotak Mahindra Bank | 16% |
| ICICI Bank | 14% |
| Axis Bank | 10% |
| Others | 12% |
