Car Forum - Ask & Answer Questions

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  1. Mohsin
  2. Finance, Insurance
  3. Monday, September 16 2019
Hello Sir,

Can you please assist us if we can purchase 3rd Party Insurance for brand new car so as to reduce its on road price.
And to which Bank we can go for Loan with easy EMI and they approve the loan for the same amount which we get from Car Dealers at time of Offers. Also will they approve the loan if we are going with 3rd Party Insurance.
Admin Accepted Answer

Yes - 3rd Party Insurance can very well be taken for new car
However, important to note that by not going in for comprehensive policy - the car will not be protected against theft or any road accident. You may check economical Insurance plan option by comparing premium or reduce premium by opting for voluntary deduction

SBI has reduced car loan rates, PNB rates are competitive
You can check on - Car Loan Interest Rates to get the best deal

Hope should help !!

  1. more than a month ago
  2. Finance, Insurance
  3. # 1
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