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Fixed vs Floating Car Loan: Which is Better for Savings?

Fixed vs Floating Car Loan: Which is Better for Savings?

What You’ll Learn

Car loan: fixed or floating – wondering which one to go for to save money? Find out the best option and make an informed decision on your next car loan.

Last Updated:March 24, 2026Published : July 23, 2025
1 min readOne Consumer

36%

The typical annual interest rate on an unpaid credit card balance. On ₹50,000 outstanding, that's ₹18,000/year in interest — more than most personal loans.

Source: RBI Consumer Credit Report, 2025

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