Average Monthly Car Payment 2024 In India. Nomura predicts india's passenger vehicle market will recover in 2025, but lowered its fy25 growth estimate to 1%. 4, 2024, banks in india are offering interest rates on new car loans as low as 8.50% and as high as 14.10%.

Here’s a table summarizing the key details from the blog: The electric car segment is still at a nascent stage in india, with a share of less than 3% in the overall car sales in the country.