Catalogue loan products dekhein, planning estimates compare karein aur lender-linked reviews padhein. Rates, eligibility aur conditions har lender se check karein.
Is catalogue ki verification date recorded nahi hai. Yeh planning examples hain, current offers confirm nahi hue. Decision se pehle lender sources aur product limits check karein.
5 Catalogue products · Catalogue starting rate ke order mein
| Bank aur product | Interest Rate | Benchmark spread | Maximum tenure | Processing fee | Actions |
|---|---|---|---|---|---|
State Bank of India | 8.65% - 9.80% p.a. on reducing | EBLR + 2.15% | 7 saal (84 months) | 0.25% (cap ₹5,000) + 18% GST | |
Kotak Mahindra Bank | 8.70% - 10.50% p.a. on reducing | Fixed Rate | 7 saal (84 months) | 0.5% (cap ₹7,500) + 18% GST | |
HDFC Bank | 8.75% - 10.25% p.a. on reducing | Fixed Rate | 7 saal (84 months) | 0.5% (cap ₹8,500) + 18% GST | |
Axis Bank | 8.80% - 11.00% p.a. on reducing | Fixed Rate | 7 saal (84 months) | ₹4,500 + 18% GST | |
ICICI Bank | 8.85% - 10.50% p.a. on reducing | Fixed Rate | 7 saal (84 months) | 0.5% (cap ₹8,500) + 18% GST |
Car loans floating Repo/MCLR benchmarks ya fixed interest rates par available hote hain. Floating rates RBI policy changes ke sath automatically adjust hoti hain, jabki fixed rates puri tenure ke dauran EMI ko lock rakhti hain.
Individual retail borrowers ke floating-rate car loans par RBI mandate ke mutabik 0% prepayment penalty hoti hai. Lekin fixed-rate car loans par banks 6-month lock-in ke baad 2% se 5% foreclosure fee charge kar sakte hain.
Salaried individuals ko personal car loans par koi direct tax deduction nahi milti. Lekin self-employed professionals aur business owners Section 32 & 37 ke tahat car loan interest aur annual 15% depreciation ko legitimate business expense claim kar sakte hain.
RBI Master Directions ke mutabik individual retail borrowers ko home, auto aur personal credit lines par floating interest rate hone par koi bhi foreclosure ya prepayment penalty nahi deni hoti.
Commercial banks ko retail credit ki pricing RBI Repo Rate (EBLR) jaise external benchmarks se link karni padti hai. Loan tenure ke dauran spread arbitrary change nahi ho sakta.
CredSutra Day-1 upfront cash outgo (processing fees, 18% GST, legal/valuation charges) aur lifetime compounding interest dono ko combine karke transparent cost discovery deta hai.
Is catalogue ki verification date recorded nahi hai. Yeh planning examples hain, current offers confirm nahi hue. Decision se pehle lender sources aur product limits check karein.