Car Loan

Money

Can’t pay your car loan EMI after a job loss? Experts suggest what borrowers should do

Job loss or an unforeseen financial difficulty can make car loan EMIs harder to manage. Experts suggest contacting lenders early, using emergency savings carefully and checking insurance to avoid missed payments, credit score damage and potential loan default.

4 min read9 Sep 2026
Money

How balanced credit mix improves credit score, boosts loan eligibility, say experts

A healthy credit mix can improve your credit profile by showing responsible borrowing behaviour. Here's how secured and unsecured loans, timely repayments and low credit utilization influence credit scores constructively and help borrowers access better financial opportunities.

3 min read27 Jul 2026
Money

Why your used-car loan costs more than you think

Used-car financing now drives nearly 60% of platform transactions, but loans carry steeper rates (9-18%) and hidden costs like GPS-device fees and hypothecation charges versus new-car loans.

6 min read30 Jun 2026
Money

Car loan interest rates June 2026: SBI, ICICI, HDFC and top banks offer rates from 7.35% – Full comparison

Save more on your next vehicle with the latest car loan interest rates in June 2026. Compare top banks, EMIs, processing fees, & key borrowing tips to choose a car loan that fits your budget & lowers your overall borrowing costs. In case of doubt, don't hesitate to seek professional guidance.

3 min read26 Jun 2026
Money

Vehicle loan repaid? Here's how to remove hypothecation from your RC: Step-by-step guide

Removing hypothecation from your RC is the final step to securing full ownership of your vehicle. Here's how to obtain Form 35 and a bank NOC, applying through the Vahan portal, required documents and fees involved.

4 min read20 Jun 2026
Money

How much should I spend to buy my first car as a 25-year-old? I aksed ChatGPT to do the math

At 25 and earning ₹60,000 a month, prioritize financial security when buying your first car. Aim for a price within ₹6–8 lakh and a loan of ₹4–5 lakh over 4–5 years. Maintain savings and consider prepayment as your income rises to save on interest.

2 min read13 Jun 2026
Money

20/4/10 rule explained: How this budgeting formula can prevent car loan stress

Hooked on a shiny car but worried about loan stress? Start with the 20/4/10 rule to protect your finances: 20% down payment, 4-year loan, and total car costs under 10% of your monthly income. Read on to understand the basic concepts before you lock in with a fresh car loan EMI.

3 min read25 May 2026
Money

Car loan interest rates May 2026: SBI, ICICI, HDFC and top banks offer from 7.60% – Full comparison

Car loan interest rate comparison for May 2026 covers leading public and private banks. Check competitive rates, EMI planning, repayment strategies and key factors influencing total borrowing costs and financial decisions.

1 min read6 May 2026
Money

I asked ChatGPT: SIP or home loan prepayment— what's better? The answer was surprisingly logical

As a 40-year-old married person with one kid, here's how you can repay your home and car loans while investing in SIPs. Follow this balanced approach to secure financial stability in the long run, as AI said.

3 min read2 May 2026
Money

Car loan interest in April 2026: Compare latest rates of SBI, HDFC, ICICI and PNB, processing fees, EMIs and more

Smart borrowing for a new car begins with carefully comparing car loan interest rates. In April 2026, leading banks offer competitive rates that vary by interest charges, fees, credit score impact and repayment terms across the country, making comparison essential before choosing any loan offer.

3 min read13 Apr 2026