AUTOMOBILE FINANCING

Automobile Financing : Automobile is need of every person in daily life. One of the main reason, Inida is very Fast growing in automobile Sector. Because In current time there are so many Automobile finance companies in the market and Also automobile finance Public and private Banks. Consumer eaisly finance the two wheeler, three wheeler,car and Heavy vehcles. Many peoples are not able to pay the huge amount of at a time. In this case people takes the auto loan, with the help of finance companies and Banks.

Automobile finance Companies are:

• Apeejay Financer
• Citcorp Maruti
• Birla sunlife Financer
• Sundaram Financer
• Tata Financer
• Associates Finance
• The Financial Services Company of Fiat
• Apex Finnacer etc.

Banks are Finance the automobiles.

• State Bank of India (Largest Bank in Inida)



• ICICI Bank (Largest Private sector Bank in India)



• HDFC Bank



• UTI Bank



• Punjab National Bank



• Union Bank of India

These Finance Companies and Banks Finance all types of Automobile in India.

The Banks offers time period to repayment. The SBI offers to its user repayment period is very long up to 7 years, UTI bank loan repayment period upto 5 years and ICICI Loan repayment period of up to 7 years.
Manufacturing in India.

Leading Two Wheelers, Three wheelers, cars and other heavy vehcles manufacture in India Like Muruti suzuki, Tata, Bajaj Auto, Hero Honda, Yahama, TVS motor are coming up with new Designs. The sale of these companies are increasing day by day.

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