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Example: A loan offer of ₹2 lac, for a tenure of 3 years at an interest Rate of 16.6% (on a reducing principal) and a processing fee of 2.5%.Translates to: Processing Fee deduction of ₹5000 (2.5% of 2 Lacs) from loan amount, thus, the amount credited to your account will be ₹1.95 Lacs The Interest Rates for car loans in Bangalore are not too high either, starting at 9.35%. With Qbera, there is no need for a down payment while purchasing your dream pre-owned vehicle. Rate of interest depends on a borrower’s income, CIBIL score, employer, age etc. 13 Results on 25 November 2020 8. What is the eligibility criteria to get a loan from Qbera? 3. Find free classifieds for Cars & Bikes in India. Make some extra cash by selling things in your community. Find the best prices online on old used cars in Bengaluru at Maruti Suzuki True Value, with 1-year warranty and 3 free services. Availing a car loan in Bangalore is quick, hassle-free, and comes at attractive interest rates. 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