Car Loans from Sree Vaishnavi Carrs !
What will be the interest rate on my car loan?
The rate of interest depends on your application and market conditions. The interest
rate is never constant.
How do they calculate the interest rate?
Interest depends on the scheme applicable for a particular product. Interest is
charged on a flat rate.
What is the length of the loan?
The length of the loan depends on your product and requirements. The tenure could
be six months or even sixty months.
How should I apply for a commercial vehicle loan?
You could either Contact any of our branches or Apply online or Have a chat with
our direct sales agents.
Do I have to pay additional charges?
Note that additional charges are nominal in nature and are applicable for specific
products.
Will my loan be approved immediately?
Your loan could be approved within 3 days of submission of complete documents. The
time taken could depend on the nature of the loan, location and funding.
Do I have to get insurance?
Yes, you need insurance, as all cars require liability coverage.
The various stages are:
Application, Detailed discussion on specific requirements, Approval, Documentation,
Completion of various formalities, Disbursement.