Confused, require your comments

[rajesh_nk22]

Hi

I am applying for car loan (<3lac), but unable to select financer

I have read review of these financers on net, each one has different problems

1. ICICI - poor service, bad reputation, high rate of interest

2. Sundaram Finance - Could not get much info

3. SBI - needs Gaurantator and little lengthy procedure.


Can any one help me in selecting a financer from above three.

[akshaykapoor_3]

go for SBI...u wont end up in any kind of trouble and their procedure is quite transparent... I suggest dont go fr ICICI

[a_k_s_h_a_y]

SBI

[Drizzling Blur]

SBI, even though its lengthy and a tiresome procedure ( which they dont have anymore FY(kind)I ) as you think. You should opt for a loan from a bank like SBI or anyother nationalised banks, if u take it from ICICI you'll have goonda's dining at ur place till you pay ur EMI

[akshaykapoor_3]

^^very right...i agree

[rajesh_nk22]

Yeah, I got same remarks of ICICI from almost all the people.