From my understanding, loan rate is based on multitude criteria:
amount (higher loan amount, better rate),
tenure,
type of car (not just ckd/cbu but also brand name),
new/recond/second hand,
your credit rating

Some banks may give slightly better rate but difference not very big. Usually, I just go for the 2 best rates & nego. Some banks may force you to take credit card together with the loan. If above certain age, have to purchase insurance on the loan amount.

This post has been edited by Lanchio: May 28 2024, 03:58 PM