Tag Archives: car loans in india

Best Car Loans for Forthcoming Top Cars In India – 2017

Everyone of us seek for comfort zones, whether it is in home, or while traveling or while holidaying or while sleeping. We do not get everything that we desire in our life because certain things are not within our reach. Human beings have never ending wishes, and to fulfill some of your wishes is what we are entitled to.

Imagine never having to take the bus or train to your work. No more commuting in inclement weather, no more crammed bus rides or train journey to the shops or to the jobs or to the pub. There’s no denying fact that owning a car is great, but the idea of applying for a car loan can be intimidating, especially if you don’t know where to start and which bank to choose for the perfect car loan. Owing a private car is always beneficial. It can be used as an emergency vehicle at any time if any of your family member fall sick or you can go on a long drive with your beloved ones or you can go on a family trip or you can drive straight away to your office. The usefulness of a car is versatile, but taking a decision to go for a proper car is sometimes quite hectic.

If you are aware of your budget or if you have a rough estimate of how much you can afford to borrow to purchase a new car then you are almost half done with your decision to acquire a new car. The fabulous idea is to arrange your car loan before you even think about visiting a car dealer. This has composite benefits, it not only helps you to negotiate a better deal, but also helps you to ensure that you don’t end up signing for a car loan that doesn’t meet your needs.

Applying for a car loan is not a long a process anymore. Loansninsurances.com is the most promising loan comparison platform to choose a perfect car loan from the top banks of the country. We have tie-ups with the major banks of the country to provide you the best deal on car loans. Our experts are always there to assist you in every step to take a car loan and we assure you attractive benefits on each and every car loan.

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We provide you a list of forthcoming tops cars among the cars scheduled to be launched in 2017. Take a look at the table given below:

Brand Names

Specifications

Price Range

Launch Date

Maruti Suzuki Baleno RS

Engine- 1.0-litre Booster jet Petrol,

Transmission– 5-speed Manual & 6-speed Automatic,

Torque: 175Nm,

Power: 112bhp

Rs 9 lakh – Rs 10 lakh

January 2017

New-Gen Hyundai Verna

Engines – 1.4-litre and 1.6-litre petrol and diesel,

Power: 98bhp to 120bhp

Transmission: 6-speed manual and automatic.

High-end features: LED DRLs, 17-inch alloy wheels, LED turn indicators, automatic climate control, touchscreen infotainment system, etc

Rs. 8 lakhs – Rs.12 lakh

March 2017

Volkswagen Tiguan

Engine: 2.0 litre TDI diesel engine,

Power: 147bhp,

968cc turbocharged motor

Transmission: 6-speed manual & 7-speed DSG automatic unit.

RS. 30 lakhs

Mid- 2017

Nissan X-Trail Hybrid

Engine: 2.0-litre petrol engine,

Equipped with 31kW electric motor.

Torque: 200 Nm

Power: 142 bhp

Transmission: X-CVT Unit with an AWD System.

High-end features: 5-seater layout and measure 4,640mm in length, 1,820mm in width and 1,715mm in height, wheelbase is 2,705mm.

Rs 32 Lakh to Rs 35 Lakh

Mid- 2017

New -Gen Toyota Camry

Engine: 2494 cc , 2.5-litre 178.4bhp 16V 2AR-FE Petrol Engine

Torque: 178.4bhp@6000rpm

Power: 233Nm@4100rpm

No. of cylinders: 4 cylinders

Camry stand out as 4850mm lengthy, 1480mm high, 1825mm wide, 5 seating capacity,

Multi Function Steering System, Automatic Climate Control, Power Windows Front, Power Steering, Vanity Mirror & Front Cup Holders

Rs. 30 lakhs to Rs. 35 lakhs

End – 2017

Tata Tigor

Engine: 1.05 litre diesel and 1.2 litre petrol three-cylinder engines.

Max. Power: 83.8bhp @ 6,000rpm/69.04bhp @ 4,000rpm

Max Torque: 114Nm @ 3,500rpm/140Nm @ 1,800rpm – 3,000rpm

Transmission: 5-speed Manual & AMT

Rs. 4.5 lakh to Rs. 6 lakh

Mid-2017

Tata Nexon

Engine: 1.2-litre,turbo petrol/1.5-litre diesel

Transmission: 5 speed manual/ 6 speed manual&AMT

Power: 105bhp – 110bhp/108bhp

Torque: 170Nm/260Nm

SUV will be equipped with projector headlamps, coupe-like roof-line, fog lamps, LED tail lamps and body cladding

Rs.6.5 lakh to Rs.10 lakh

Late-2017

Jeep Compass

Engine: FCA’s 2.4-liter inline-four

Power: 180 horse power

Torque: 175Nm

Six-speed manual gear box

Rs.25 lakh to Rs. 30 lakh

Late-2017

Maruti Suzuki Ciaz

Engine: 1.4 litre K-Series petrol and 1.3 litre DDiS diesel engines.

320Nm of peak Torque

Power: 120 horse power

Transmission: five-speed manual, four-speed automatic

Rs. 8 lakh to Rs. 13 lakh

April-2017

Lexus RX 450h

Engine: 3.5L, V6 Petrol+Electric Motor

Max. Power: 300bhp

Max. Torque: 316 Nm

Transmission: 8-speed Automatic & AWD

High-end features: pre-collision automation with pedestrian detection, dynamic radar cruise control, LED headlamps, intelligent high-beams, lane departure warning, etc.

Rs. 80 lakhs to 85 lakhs

Mid-2017

There are thousands of car loans available from a variety of banks and credit unions around India, car loans can be divided into two distinct groups – unsecured loans and a secured loans. The majority of car loans currently available in Indian market are secured loans.

The interest rates being offered will depend upon the bank’s eligibility criteria. Banks often take a number of things into consideration including whether the loan is secured or unsecured as well as your personal credit score and repayment capacity.

The loan tenure of car loans can vary between one and seven years. Paying off the loan over one year will mean the repayments will be high and the interest expense lower. On the other hand, over seven years the repayments will be considerably lower but the interest cost will be high. Here, I provide you a list of car loan Interest rates for all the major banks of the country. Check out the list given below:

Bank Names

Interest Rates

Loan Tenure

Loan Amount

State Bank Of India

9.20% to 9.25%

7 years

100% finance

ICICI Bank

10.75%

36-84 months

100% finance

HDFC Bank

9.80% onwards

7 years

100% finance

Axis Bank

11.00%-12.00%

7 years

Rs. 1,00,000 up to 85% finance

Bank of India

9.35%

5-7 years

Rs. 10 lakhs to 25 lakhs

Kotak Mahindra Bank

9.50%

7 years

90% finance

This article will be beneficial to you, and will make you comfortable to take a right decision to buy a car within your budget with the proper car loan at your doorstep.