In India, a P2P (Peer to Peer) car finance is defined by a loan which helps financially to purchase car and which is granted through Indian investors using a P2P platform for an Indian consumer who is looking to buy a vehicle.
In India, a P2P car finance is dedicated to help an Indian car driver who wants to replace his old vehicle to access to a new one, particularly in cases where Indian banks are rejecting his credit application.
In Indian, a Peer to Peer car loan asks for higher interest rates than what is proposed through a classical Indian bank, but the P2P car loan option has a crucial advantage that the credit facility loan will not be collateralised by the car.
In India, a P2P car finance has one inconvenient in comparison to bank’s car loan which are the terms and matrurity of lending, being shorter, maximum five years while banks are offering longer maturities.
PERSONAL LOAN DEBT CONSOLIDATION BUSINESS LOAN MORTGAGE LOAN STUDENT LOAN CAR LOAN MEDICAL LOAN BAD DEBT LOAN LIST P2P SITES FOR START-UP LOAN FOR WEDDING FOR FARMER FOR HOUSEWIFE FOR UNEMPLOYED FOR DISABLED FOR POOR PEOPLE FOR ELDERLY P2P CAR SHARING P2P INSURANCE ISLAMIC P2P P2P BITCOIN POWER TRADING P2P HOME SHARING P2P PAYMENT LOAN WITH BAD CIBIL SCORE P2P CLOTHING RENTAL P2P OFFICE RENTAL LIST OF P2P LENDERS LIST OF DIGITAL LENDERS LIST BANNED LOAN APPS P2P NAPPING P2P DONATION P2P CRYPTO LENDING