Owning a car is pretty much a necessity in the post-pandemic world. It ensures both safety and comfort. Even though many of us can’t afford to pay a lump sum to afford a four-wheeler, taking a car loan at easy repayment terms is now possible.
If you’re looking for one with a renowned institution that extends four-wheeler finance at competitive interest rates, turn to IndusInd Bank.
Benefits of availing a car loan at IndusInd Bank
IndusInd Bank's four-wheeler loans come with a host of benefits. These include:
Competitive interest rates
IndusInd Bank offers attractive interest rates to its borrowers. Getting a loan approved at such competitive rates can mean lower monthly instalments.
Easy online application
Most things, these days, happen online, and this now includes applying for a four-wheeler loan. With IndusInd Bank, you can apply for vehicle finance online by clicking here. This user-friendly web portal requires you to fill out a few personal details. After this, the bank’s reps reach out to you. You can also visit an IndusInd Bank branch closest to you and fill out an offline car loan application.
Covers full cost of the vehicle
Borrowers usually expect that their vehicle loan will end up covering 80% to 90% of the total cost of the vehicle. So, along with filling out the loan form and compiling loan documents, they get busy figuring out the source for making the down payment. For this, they end up breaking into their hard-earned savings.
Substantial loan offering
Whether you wish to purchase a compact SUV, a modest hatchback, or a luxury sedan, IndusInd Bank’s car loans can cover hefty costs easily. Thus, you don't have to compromise on the model you have your heart set on.
Flexible repayment tenures
You must repay your car loan at a comfortable pace. If you rush it, you end up significantly altering your lifestyle, and if you go too slow, you pay EMIs for a long time. Striking the right balance requires a bank to provide an extended repayment tenure range – something possible with IndusInd Bank.
A vast network across India
IndusInd Bank’s geographical network spreads from metropolises to smaller cities and towns in India. This makes it incredibly convenient for people from all corners of the country to apply for a vehicle loan with the bank. Not only does its network of branches fan out to remote locations, but borrowers can also take advantage of their exceptional customer service in case they run into any trouble while repaying their EMIs.
Eligibility criteria to apply for IndusInd Bank’s car loan is simple. Click here know more details.
To sum up
Applying for a car loan has never been easier with IndusInd Bank's attractive interest rates, easy online application process, flexible repayment tenures and relatively relaxed eligibility criteria. So, why wait to apply?
Click here to start a new application now!