Use a Car Loan EMI Calculator and Plan the Purchase of Your Dream Car

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But the dream doesn't stop there, merely having a licence is not enough, the goal is to drive around in your own vehicle. This is some something that you have wanted from the time you could walk. However, considering that you do not have a regular source of income, this may be a little out of your reach.

As you grow up, get a job and start earning, you are in a position to finally make the purchase. That is, if you are willing to take up a car loan. Saving the entire amount necessary to make a buy a car can take years. Hence, financial institutions offer loans where the amount necessary, is given on credit, and this can be repaid in instalments, over the following years.