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How to take car loan (It’s Procedure)
All off us dream to buy a luxurious car after a beautiful home. It makes our life more comfortable, and reduce our problems about traveling and much more. Life instead of using public transport and getting tired we can use our own personal cars and we can easily go for weekends also it’s much easier and enjoyable.
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Bank and non Finance Companies are providing car loans in a very few and easy steps. Due to which buying a car is not a big task and we can easily get our own comfortable car as well as in our budget. If you think that in future the interest rate may vary then you can take loan under the floating rate.
If you take loan to buy second hand cars then it's more extra than to take loan for new cars.
The companies which provide loans they provide loans for both new as well as old cars there is different interest on it.
For new card interest is up to 9.25 to 13.75 in between it.
And for all old car the interest is 12.5 0 to 17.50 in between it.