Loan Against Car
Loan against car is available in the form of overdraft against car. The rate of interest is lower than personal loan because its like a secured loan.The procedures of this loan is very easy.
The overdraft amount is depend on value of your car.It can be 80% of the value of your car,But the valuation of vehicle are empanelled by Bank’s valuers.A current account with overdraft limit is created in borrower’s name for issue the overdraft amount to borrower.
Categories: Loan Against Automobiles, Personal Loans India