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Harsh Roongta News
The economics of cheaper auto loans Expect more such offers from manufacturers as sales momentum slips. A number of car manufacturers are trying to attract buyers with loans at lower rates of interest. Volkswagen, for instance, has started pushing its Vento (petrol version) at 6.99 per cent. BMW Financial Services, the car finance arm of BMW, offers customised services where they even offer zero per cent interest on some models. Honda
Before you go for a second loan...
Ensure you are not over-leveraged; approaching a bank with which you already have a financial relationship may help.
Why applications are rejected
Being pursued by call centre executives of banks and non-banking financial companies (NBFCs) who offer personal loans is common. But these calls mean little. When a customer finally decides to
Consider taking a home loan now
Makes sense to opt for fixed-cum-floating one, as rates are on an upward trend.
Rush to take loans, invest short term
A better option for businessmen than salaried
When Idea Cellular General Manager Tejasvi Bishnoi finally shortlisted a house on the outskirts of Mumbai, his next task was to identify the loan product that would finance his dream home. His |
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