Closing a car loan

I went to the bank – SBI branch on Museum Road, Bangalore. I was directed to the car loan division, the same place where I signed the loan papers a year ago. I wrote a check and filled up the pay-in slip. Three working days later, I returned to the bank to collect the papers with my piece of the pay-in slip and original RC card. Done. Simple. Way simpler than I though. I thought I would have to sign tons of forms.

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7 thoughts on “Closing a car loan

  1. The biggest mistake people make is to assume that being declared bankruptcy is the last nail in their financial coffin. In fact, it is still possible to secure a variety of loans even before the 2-year term such rulings affect a credit status even ends. When seeking a car loan after bankruptcy, it is good to know there are options.Of course, the available terms are not perfect – but what can be expected after being declared bankrupt? The key factor for those who qualify is that they can get approval despite bankruptcy being on a credit record for up to 10 years. ,

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