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CAR LOAN NEWS

Used car dealer ‘conceals’ SUV’s accident history, Kerala buyer wins Rs 2.56 lakh

August 06, 2026 1:37 pm

The commission accepted the complainant's case that after vehicle was returned due to the alleged defects, the dealer repaid the bank loan and refunded Rs 4.4 lakh, but failed to refund the remaining Rs 2.21 lakh.

Here’s the EMI on a Rs 1 lakh car loan from top 10 largest banks

December 27, 2024 1:28 pm

State Bank of India (SBI) and ICICI Bank offer competitive rates of 9.10%, resulting in an EMI of ₹2,474 per lakh.

Maruti Suzuki launches online car financing platform Smart Finance across 30 cities

December 09, 2020 7:17 pm

Maruti Suzuki India (MSI) has launched Smart Finance - a multi-financier online car financing platform. It allows customers to compare multiple options regarding car loans and offers from various financiers, and then make a choice based on the financier and loan tenure.

Maruti Suzuki ties up with Mahindra Finance for vehicle loans

June 09, 2020 12:57 pm

As per the tie-up, customers can avail wide options for getting their car financed from Mahindra Finance, Maruti Suzuki India (MSI) said in a statement.

Indians became cautious while taking credit in 2019: Survey

January 15, 2020 7:10 pm

Instead of keeping their major goals in life on hold, credit seekers are achieving them by being cautious, the company said in a report titled 'BankBazaar Moneymood 2020'.

Festival time for banks as customers return

October 02, 2014 1:39 am

Going by the numbers so far, the ongoing festive season could turn out to be a busy one for bankers...

Car loan: Citibank fined Rs 16 lakh for unfair trade practices, cheating

February 21, 2014 3:29 am

Consumer forum considered nature and gravity of deficiencies and unfair trade practices while awarding the fine.

Things to look for while financing your dream car

April 15, 2013 3:20 am

Car loan is one of the most popular loan product in India.

There are roadblocks in auto loans too

October 29, 2012 1:59 am

While getting a car loan has been an easy affair,given the kind of competition that exists among financiers,there may be occasions when a customer,after getting the approval of the loan

ABN AMRO fined 2.6L for car seizure

September 09, 2012 12:21 pm

ABN AMRO Bank had seized and sold the car without giving notice to the complainant.

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