Getting a low new car loan interest rate is not difficult if you know the right steps. Many people end up paying more than needed just because they do not compare options. A small difference in rate can save you thousands of rupees over the loan period. Keep these important tips in mind before applying:

• Always check and improve your CIBIL score before applying

• Compare at least 3 to 4 lenders before choosing one

• Choose a shorter loan tenure to reduce total interest paid

• Pay a higher down payment to lower the loan amount

• Look for festive season offers and special rate discounts

Follow these steps and check the car loan interest rate at Bajaj Finserv today. Visit Bajaj Finserv to apply online and get your car loan approved fast.