123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Automobiles >> View Article

Get The Best Possible Option To Finance Your Maruti Suzuki Car

Profile Picture
By Author: Seenu Mathew
Total Articles: 120
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Your car is an important physical asset added to your name. Investing in a car thus becomes very important and needs to be handled with utmost priority. Gone are the days when one had to wait for years and save money for a car model. These days you get various other financing options to buy any car model that you desire to get in your personal garage.

Car loan being one of the most sought after option in the recent times. Almost everyone looks out for a car loan while planning to get a new car. Car loan facility enables you to buy any model you want to have instantly. By availing the car loan purchase you get exempted from paying the entire amount. All you need to do is pay a small initial amount as the down payment and then complete the formalities of the loan documentation. Everything else from then on wards would be taken care of, by the financer. There are multiple sources from which you can get your car loan done:

• Car manufacturing companies
• Independent lenders
• Local banks and credit unions
• Car Dealerships

You can always get a better deal from any of the banks or credit ...
... unions, than the dealerships; because the dealerships look for an extra commission fee. In case you haven’t done enough homework on the Maruti finance or such other finances, you might be a victim by paying hidden fees, extra charges or fluctuating interest rates. So better you get yourself aware of Maruti finance and such similar options beforehand.

Documents Required:

In order to avail a car loan make sure that you are a person who is salaried or self-employed with either Private or Public Limited Companies or in any kind of Proprietorship or Partnership. The pre-requisite documents which you would be requiring in order to get your car loan sanctioned are as follows:

• Salary Slip - Latest 2 Months
• Form 16 - Last 2 Financial Years
• Last 3 years IT Return
• Signature Verification
• Address Proof
• Pan No./ Form 60
• Photograph
• Post Dated Cheque
• 6 Months Bank Statement
• Last 2 years audited balance sheet & P & L
• Board Resolution / Partnership authority Letter
• Signature Verification of Directors/ Proprietor
• Partnership Deed

But make sure you have done ample research on Maruti Suzuki finance for your car loan. Do thorough research on the loan details. You need to maintain a proper track of the exact amount that you need to pay for the car, apart from the sales tax, registration and title fees, etc.; under the Maruti Suzuki finance. Try to have a thorough understanding of the interest rates and the terms and conditions for the repayment.

Usually, you will get a time period of 48 months for the car loan repayment, but some loan companies may extend the deadline to pay off the balance for 60 to 72 months. The catch is that, the longer the repayment period the more interest rate that will be piled up on you.

About the author :

Ronak Iyer is an engineering student from Delhi. During his spare time, he loves to write on various topics related to cars. With this article, he is trying to help out car buyers to know about the easiest way of financing their vehicle by simply switching to Maruti Suzuki finance.

Total Views: 500Word Count: 530See All articles From Author

Add Comment

Automobiles Articles

1. One Less Scrap, One More Solution: Turning Old Cars Into Opportunity In Auckland
Author: Cars 4 Cash

2. Understanding The Chopper Trend- What It Looks Like
Author: Levi Fysh

3. Save Money On Car Repairs But Visiting Volkwagen Car Service
Author: Oliver Mertin

4. Be Sure Of These Things While Enrolling Your Name On A Driving School
Author: Eleanor Thompson

5. How To Maintain Jcb Hydraulic Couplings For Peak Efficiency
Author: Seetech Parts

6. Why Toyota Hiace Owners Trust Outback Exhausts For Dpf Solutions
Author: Seo Globo

7. Discover The Hidden Power Of Your Landcruiser 300 With This Exhaust Upgrade
Author: Seo Globo

8. Automotive Parts Manufacturing Costs Without Compromising Quality
Author: minda group

9. How To Shop Steering And Accelerator Cables For jcb
Author: Seetech Parts

10. Why High-quality Auto Parts Are A Must For Smooth Daily Driving: Top 6 Essentials
Author: minda group

11. Turn Your Unwanted Vehicle Into Instant Money: Auckland’s Smart Car Selling Solution
Author: Cars 4 Cash

12. Reliable Car Repair In Montreal: What You Need To Know
Author: meticulous montreal

13. Smarttop Convertible Top Control By Mods4cars Now Available For Ferrari Portofino M
Author: Mods4cars LLC

14. Corrosion Protection Strategies: Extending Leaf Spring Service Life
Author: sonicoleafsprings

15. Nfpa 610 – Prepare For Motorsport Emergencies – Rely On Nfpa 610 In The U.s. Today
Author: aurthorCole

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: