car loan

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Purchasing a car is the dream of everyone and today it becomes the status symbol. Nowadays, several banks and lending institutions provide a Car Loan at the lowest Interest Rate and affordable EMIs. A car loan can be helpful for those consumers who want to buy a new car but they have limited income. It helps the borrower to build their credit history if the they make their monthly payments on time.


Documents Eligibility Features Charges Interest Rate


Why should one choose Car Loan in Nawanshahr?

  • Easy monthly repayment options.
  • Instantly available.
  • Loan Tenure period varies from 5-7 years.
  • Affordable Interest Rates.
  • Easily and quickly available loans.
  • No hidden charges.


About Nawanshahr:

Nawanshahr is the District of Punjab in the North-West Republic of India. Nawanshahr consists of 2 Sub-Divisions, Balachaur and Nawanshahr. There are 3 Governmental seats in the District: Balachaur, Nawanshahr and Banga.

Interest Charges for Car Loan


New Car Loan Interest Rate (Reducing) Used Car Loan  Interest Rate (Reducing) Processing Fee
10.00% 13.75% Up to 36 Months 0.50%
17.20% Above 36 Months


Special Note: Banks do not provide Car Loan to bad credit holder, but one can fulfill their money requirement with Gold Loan easily.







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