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How do i reduce my personal ICICI Bank auto loan EMI number?

How do i reduce my personal ICICI Bank auto loan EMI number?

At the a competitive interest rate out-of 7.5% yearly, the minimum EMI each lakh to own a beneficial eight-season period is actually Rs. 1534.

While a customer out of a reliable lender, imagine acquiring that loan from them. A positive relationship with your current lender can boost the likelihood out of protecting a car loan at a lesser interest rate.

Are there any control charges levied into the car loans by the ICICI?

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Sure, you must pay a certain processing use a link charges to the car and truck loans of the ICICI one to ranges ranging from Rs 3500 so you’re able to Rs 8500.

Can anyone opt for a great co-applicant in order to borrow a car loan away from ICICI?

While certain banking institutions and financial institutions might permit not related people or distant members of the family to behave given that co-signers getting an auto loan, some lenders have strict standards. They merely deal with co-signers exactly who reside in one address because the borrower.

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