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I want buy a used car maruti 800 , maruti zen , alto , sntro zip in any one. how much loan approved in used car. and minimum interest rate of loan. plz suggest me. what i do in case
By AJAY BHARDWAJ 01 January 2010
Expert`s comment:

For getting loan please apply through loan link inhome page.Usually upto 80 percent of the cost can be got under loan.Intrest rate varies depending on policy bank.

Answer by Shiva Shankar 01 January 2010

Hi, you can get a loan for only 5 years old cars & amount will be about 80%.I think you should try for SBI & Sbh for loan intrest rate

Answer by Prabhakar Kumar 01 January 2010

You can obtain loan up to 5 years old vehicle. Financial institutions have different policies in deciding interest rate. But it will be recommended to approach nationalized govt Banks since private banks are charging high interest on loan even the procedure are easier.
You should ask the banker about the type of interest either flat rate or diminishing rate.

Answer by Abdul Razak 01 January 2010

u can avail loan upto 80% on used cars

Answer by Pritpal 01 January 2010
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