The car loans are one of the essential financial requirement for most of the middle class Indian families. Cars are an expensive investment since it is still a luxury that a large section of Indian society cannot afford. The personal savings are often insufficient for the direct purchase of the car and this is where the car loan comes to the rescue. Also, if you purchase the car on the whole liquid cash upfront then you are likely to face more income tax regulations. Also, you can build an impressive credit score by diligently paying off your car loan installments on its due time which will potentially help in future loan approvals.
Thrissur, Kerala, India 
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