This is precisely the reason I am considering a car loan from HDFC Bank over the loan offered by Bank of India. The latter wants a guarantor, though the interest rates are lower. If I request my close family they will sign but I don't like to go for an obligation. Also I don't want to put them in a quandary where they may have to sign with a forced smile even if they feel otherwise.
__________________ Splendor Feb'2000 - 79300 KM.
Alto LXi June 2009 - 2650 KM. What do you mean,my bike is old? It has not even done 100,000 KM! |