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Confused, require your comments

6 posts · originally from https://geek.digit.in/community/threads/confused-require-your-comments.66344/

R
rajesh_nk22 Original post #1
Aug 23, 2007 at 3:17 PM
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
Aug 23, 2007 at 4:27 PM
go for SBI...u wont end up in any kind of trouble and their procedure is quite transparent... I suggest dont go fr ICICI
Drizzling Blur
Aug 24, 2007 at 11:35 AM
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
R
Aug 25, 2007 at 10:33 AM
Yeah, I got same remarks of ICICI from almost all the people.