HDFC Car Loan offers customer friendly car finance options. It has offers for entire range of cars – private, commercial, sedan, hatchbacks, SUVs and MUVs. HDFC auto loan provides faster approach to car loan approvals. With presence across all over India – HDFC Car Loan is a hot selling product not only in the bigger cities like Delhi, Mumbai, Chennai or Gurgaon but also in tier II cities like – Jaipur, Patna, Kanpur, Surat, Chandigarh, Faridabad, Ghaziabad, Noida and Lucknow.

Approach HDFC for easy car loan.

HDFC Auto Loan is –
·         Fast
·         Competitive or cheap interest rate on car loan
·         Hassle free and transparent

HDFC auto loan is so easy that you can apply through various channels – DSA (direct selling agents), customer care or bank branch. If you call HDFC car loan then all you need to do is to sit at home and a car loan agent would approach you to get the application form filled. Auto loan from HDFC is fast and the car loan can be disbursed in as less as 48 hours only!

HDFC bank car loan charges low interest rate. It is highly competitive and lot cheaper as compared to most other banks and vehicle finance companies. It has come up with very attractive interest rates for car loan applicants – salaried and self employed – both.

Auto Loan from HDFC bank has good customer service and car loan agents that cater to the needs and demands of the customers. You need not take hassles in applying a car loan from HDFC bank. Leave all your troubles on to our agents of car finance and be just ready to drive away your dream car.

Some special features of HDFC car loan –

·         Up to 100% finance of your car
·         Flexible tenure of repayment – 12 months to 84 months
·         Special privileges to HDFC Bank customers.
·         Maximum loan up to Rs 1.5 Cr
·         Car loan available to both – salaried and self employed
·         Very less processing fee
·         Options to make prepayment of entire car loan
·         Most passenger cars and multi utility cars by the leading manufacturers are financed by HDFC auto loan
·         Used car loan finance is also available with HDFC bank. A pre owned car loan can be availed with equal ease from HDFC

Car Loan in Delhi is easily one of the most popular loan products. Almost 90% car buyers opt for Car Loan in Delhi. In fact it is very easy to go to the showrooms, select a car to buy, negotiate on the discounts 
and test drive. However the problem begins with the start of the car finance process. 

If you are a first time buyer - you are always worried about various things - 

• car loan interest rates, 
  
• car loan processing fee, 
  
• car loan tenure and EMI. 
  

Sometimes it becomes too annoying to even discuss about the exorbitant car loan rates and the huge amount of down payment that you need to deposit in order to get your dream car home. 

Then you think if every thing would have been pre set so that you would have not faced so much of trouble. In such a scenario, the Pre Approved Car Loan becomes very beneficial. You need not worry about the car loan approval, car loan interest rate, down payment of the car after you have decided which car you wish to purchase. 

A Pre approved car loan works in a manner -

• That allows you to decide which car you would purchase before you step out of your house for a test drive. 
  
• You are aware of the auto loan interest rates.
  
• You know how much down payment you need to arrange for.
  
• Your EMIs and the car loan tenure - both are known to you.
  

The best part of the Pre Approved Car Loan is that their is seldom a chance of dissapoinment that arises when your car loan gets rejected due to low credit scores or bad CIBIL scores. In Pre Approved Car Loan 
your credit scores are checked beforehand and hence the car loan is approved. All you need to do is to sign the Car Loan approval kit and drive the car home.

Pre Approved Car loan in Delhi is provided by several banks - HDFC Bank, ICICI Bank, AXIS Bank, Kotak Mahindra, etc. 

How do you get Pre Approved Car Loan offers?

Just call up the customer care of your bank and inquire about any existing Pre Approved Loan offers. If you have more than one bank account then call all the banks and inquire about it. If your transactions with the bank has been good and you have been holding the bank a/c for a long period then chances for an existing Car Loan offer is bright.

In case you do not know how to approach the bank for such an offer contact a good car loan agent. A good car loan agent in Delhi can be found easily. They can help you get easy auto loan with cheapest car loan rates.

In order to apply for a cheap car loan click here.

To know about your Pre Approved Car Loan Offers - Click Here or call 88000 90480

Transferring an auto loan is a good option to save your hard earned money.  To transfer a car loan to some other vehicle finance company is a smart option. There are numerous car finance companies and banks that provide relief to you by providing cheaper rate of interest for existing car loans.

The reasons for transfer of existing car loan to some other auto loan company can be many -

• Cheaper car loan interest by other companies.
  
• Payment term (Number of months that you need to pay car loan for).
  
• Car Loan service and follow up by the existing vehicle loan provider.
  
• You should simply not jump over the options to refinance your car (transfer the car loan). There are certain factors that should be considered and taken into account before you select a new car loan finance company. Some of them are -
  
• Determine the present value of your car as per market standards.
  
• Check the prevailing rate of interest for the transferring of the car loan and bargain well to get the best car loan rate.
  
• Choose the best car loan agent to get your auto loan transferred. It's always a good auto loan agent that can get you the best bargain in terms of car loan interest rate.
  
• Complete the car loan application and save the money.
  

To find the best car loan agent in Delhi NCR to transfer the existing auto loan click here
To know how to get the best car loan deal in Delhi NCR click here

Car Loan is the Most Popular Loan Product in India - Indian Express

Car Loan market is catching up in India with more than 80% car buyers opting for auto loan. With too many people opting for car loan there are equal number of banks and finance companies offering auto loan.
Hence, it becomes confusing as to which car loan company you should approach in order to get your car financed? 

In order to choose the best offer from a car loan financer, you should take these factors into account -
1) Interest Rate 
2) Your Budget
3) Down Payment
4) Third person Gurantor in few cases
5)Procesing fee
6)Foreclosure charges
8) Good car loan agent 

Interest Rate 

In car loan, interest rate plays major role as this determines how mush money would be outflowin from your pocket every month. There is a cut-throat competition among the auto loan lenders when it comes to interest 
rates. With big players such as - SBI and HDFC Bank ruling the car loan market. They have the least car loan rate of interest in the market. However, it is advised that you look for cheapest  car loan interest rates yourself.

Your Budget

It is very necessary that you determine a budget that you would be willing to spend on your car. It is strictly advisable that you fix your budet before applying with the car loan agent or bank. Unless you determine your budget you would not be able to figure out if you would be able to pay the EMI that would be applicable once your car loan is approved. 
Your budget may vary as per your needs and profile. Need, here, means your choice of car and profile means the auto loan amount that your bank would agree to sanction you depending up on your net or gross income, your age, your work experience, etc.

Down Payment

Down payment means the margin money that you are requireed to pay in order to take your dream car home after your car loan is sanctioned. This varies as per the choice of car you go for. This also imples that you must be ready to pay that amount of ash to the car dealer.

Third Party Guarantor for auto loan

This may happen sometimes that your bank may require a 3rd party guarantor for car loan approval. This usually happens if you have a bad credit history or you are too young with a few months of work experience or your income is too less. In such cases you need to arrange a third party guarantor to get your car loan approved.

Processing fee

Processing fee for car loan varies as per the auto loan providers - the banks and the finance companies. Some of the small banks charge high processing fee. So you need to conduct a survey of the auto loan market to find if your bank provides the auto loan for the least processing fee or not?

Forclosure Charge 

Forclosure of auto loan means closing your car loan before the fixed time period - that you pay back all the amount due to the auto finance company or bank. Some of the banks charge exorbitant rates for forclosure. You should therefore be sure that you survey well before you go ahead and file for a forclosure.

Good car loan agent

Many people do not pay attention to this, however, a good car loan agent can make your work very easy. An efficient auto loan agent can get quick car loan without any difficulty. Sometimes, your bnk may require you to visit branch or car showroom more than once. In such cases a good car loan agent comes handy.


If you wish to apply for apply for a car loan - Click Here

To attract new car buyers in this quarter - Nissan has come up with an attractive Auto Loan scheme for its car buyers. Introducing its 'Lower than Lowest' EMI scheme applicable on Micra and diesel variants of Sunny, Nissan India hopes to pull some buyers.

You may acquire the new Micra or Sunny with the ‘lower than lowest’ EMI scheme by paying 34% of the on road price of these models. Nissan declars that dosin so would reduce the EMI outflow of the customers by 40%. The catch is - You can pay Rs 8999 per month as EMI for 35 months and the 36th EMI would consist of the balance amount that remains. This Auto Loan scheme from Nissan motors comes for a 3 year period.

Banks such as HDFC, ICICI, Kotak Mahindra and Tata Capital are participating in this scheme.

With the car market consisting of few buyers this season, the Lower than Lowest EMI scheme from Nissan seems to be an attractive option for the car buyers - especially the young buyers - that wish to kep their Car Loan EMI to be less than Rs 10,000 a month.

This Lower than Lowest EMI scheme from Nissan is valid till 30th April, 2013.

Retail loans assets , vehicle loans in particular, are showing some signs of stress according to ratings firm CrisilBSE -0.68 % as it has observed signs of weakness emerging in the performance of retail assets for the first time in three years.

Delinquencies in commercial vehicle or CV loans are increasing. Monthly collection ratio or MCR of the asset pools that Crisil has rated dropped below 95 per cent for the first time since 2009. This decline in collection efficiency indicates that borrowers are increasingly delaying repayments; there is, therefore, a likelihood of increase in non-performing assets over the next few quarters.

For more read this link from Economic TImes ---
http://economictimes.indiatimes.com/personal-finance/loan-centre/auto-loans/auto-loans-news/repayment-records-in-comm-vehicle-loans-hit-3yr-low-crisil/articleshow/19445344.cms

What you need to know to get the best auto loan rate?
Keep in mind - The car finance rate you get on an auto loan can drastically affect a car's ultimate cost.

Hence, you need to make sure that you get the best rate possible. You can read the followin to get the best rate for your dream car -

1. Figure out your budget. Think- how much you can comfortably pay per month or in other words figure out the EMI that you can pay per month for your auto loan, then think about the length of the car loan you can go for and how much down payment you can make for getting your vehicle.
2. Check your credit score. Your credit scores do matter. Get copies of your credit score from CIBIL @ www.cibil.com. With a nice CIBIL score you can bargain hard with the car finance company.
3. Inquire for loans from several company but apply at one place only. It's useless to apply for one car loan at several places. Better select the company that offeres you the best auto loan rate. Most of the car financing companies - HDFC Bank auto loan, SBI car loan, Axis Bank car loan, etc . offer almost the same rate.
   
4. Negotiate. Once you get your auto loan financed - BARGAIN HARD, with the credit manger to provide you further discount on the lending rate. However, do not waste to much of time. They can offer only a minor rate cut further.

To know the prevailing rate of interest on Auto Loans, c