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How much car loan should you take?

How much car loan should you take?
How much car loan should you take?
A good credit score of 750 or more can help you get loans at the lowest interest rates.

Synopsis

You should avoid opting for higher EMIs at the cost of sacrificing monthly contributions towards crucial financial goals. Regardless of the amount borrowed, you must first ensure that your EMIs are easily payable and not a strain on your finances.

Buying a house is one of the most important financial decisions one makes. And number two on the list of big money decisions, for many, is buying a car. Many people finance their vehicle purchase by taking a loan.Currently, car loan interest rates are the lowest they have been in a while. In a recent Economic Times news report, Kotak Mahindra Prime MD Vyomesh Kapasi said, "The car loan interest rates are down 125 basis points. The ongoing
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