A vehicle will be considered to be a CTL, where aggregate cost of retrieval and/or repair of the vehicle, subject to terms & conditions of the policy exceed 75% of the Insured Declared Value (IDV).
Introduction While exploring various car loan options and ways to finance your car purchase, you might come across the term ‘balloon payment for car loan.’ But what does this actually mean? Is it ...
May 13, 2024
The festive season is upon us, and Durga Puja brings an opportunity to upgrade your commercial fleet with attractive vehicle loan offers. As a business owner, expanding or upgrading your fleet of comm...
October 10, 2024
Introduction Personal loans are a lifeline during times of financial uncertainty. But before you apply for one, it’s crucial to understand the terms and conditions, especially the tenure of the ...
April 18, 2024