Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Steps to secure the best car loan deal following RBI repo rate cut
Mint Kolkata
|February 20, 2025
The RBI recently reduced the repo rate. How does this affect interest rates on vehicle loans? Should I expect my monthly payments to decrease? What factors should I consider before taking a car loan in this scenario?
- Name withheld on request
With the RBI's repo rate cut, we may expect lower lending rates for home or vehicle loan. However, it usually takes some time for customers to see these benefits. A few loans directly linked to the repo rate may be available at lower rates for new borrowers. As lenders adjust to new base rates, impact of rate cuts is transferred to customers over 3-6 months.
If you take a loan to buy a car, keep the following factors in mind:
Diese Geschichte stammt aus der February 20, 2025-Ausgabe von Mint Kolkata.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Kolkata
Mint Kolkata
South Korea, Brazil hail new leap in ties as Lula visits Seoul
South Korean President Lee Jae Myung and Brazil's Luiz Inacio Lula da Silva agreed a slew of new deals covering areas including critical minerals and artificial intelligence, while pushing to expand bilateral cooperation during the South American leader's first state visit to South Korea in 2 years.
1 min
February 24, 2026
Mint Kolkata
Credit card use is soaring—and so is the risk of debt traps: stay wary
Early warning signs of a debt trap include rolling balances, juggling cards and using credit for daily expenses
4 mins
February 24, 2026
Mint Kolkata
Jio set to disrupt eyewear with low-priced AI glasses
PO-bound Jio Platforms is set to disrupt India’s eyewear market with the commercial launch of its smart glasses, enabling users to enjoy music, make calls, and capture photos—marking an aggressive foray into the country’s fastest-growing wearables segment.
2 mins
February 24, 2026
Mint Kolkata
Hedge funds that piled into US bitcoin funds are first to exit
Hedge fundsthat helped fuel a boom in US exchange-traded funds holding Bitcoin are in rapid retreat.
1 min
February 24, 2026
Mint Kolkata
Silver, gold up 3% on safe-haven demand
Precious metal prices climbed 3% in the national capital on Monday, with silver surging to ₹2.7 lakh per kilogram and gold advancing to ₹1.6 lakh per 10 grams, due to strong safe-haven demand amid growing global trade uncertainties after the US Supreme Court ruling against Trump's tariffs.
1 min
February 24, 2026
Mint Kolkata
How Krutrim banks on Ola
The Bhavish Aggarwal-owned artificial intelligence venture counts 90% sales from Ola group companies
4 mins
February 24, 2026
Mint Kolkata
CAN RETURNING TECH MINDS FUEL INDIA'S RISE?
The growing ambiguity around H-IB visas is driving a surge in interest in job opportunities back home
5 mins
February 24, 2026
Mint Kolkata
Hillhouse Investment acquires minority stake in Quest Global
Hillhouse Investment has acquired a minority stake in Quest Global, an engineering services company in Singapore, in a mix of primary and secondary share purchases, the companies said in a statement on Monday.
1 mins
February 24, 2026
Mint Kolkata
Foreign ministry tells Indians to leave Iran
India's foreign ministry urged its citizens Monday to leave Iran, against a backdrop of fears of a possible US strike on Tehran.
1 min
February 24, 2026
Mint Kolkata
WHY TOP-UPS ARE HEALTH INSURERS’ BEST KEPT SECRET
Top-up health plans offer high coverage at low cost, protecting against major medical events
3 mins
February 24, 2026
Listen
Translate
Change font size