Look at the total cost
The EMI is only one number. A longer tenure lowers the EMI but increases the total interest you pay.
What to compare
- Interest rate and whether it is fixed or floating.
- Processing fee and other upfront charges.
- Prepayment and foreclosure charges.
- Down payment required and what the loan amount covers.
- Whether insurance or add-ons are being financed without your explicit choice.
Before you sign
Ask for the loan terms in writing and read the repayment schedule. GaadiBondhu can help you compare offers; you decide which lender to choose.
Get help comparing loan offers.
Prices shown on GaadiBondhu are for information and comparison purposes. Final on-road pricing may vary based on RTO rules, insurance selection, dealer offers, accessories, finance, taxes and vehicle availability. Final quotation will be confirmed before booking.