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PolicyWala Newbie
Can I cancel my car loan?
Five days back, I have got my new car financed from ICICI Bank, the total amount of the loan was 250,000. Now I have checked that I have to repay 3,00,000 in 5 years in instalments. I have checked other bank loans and they are cheaper than my current motor loan. Am I able to cancel this? Can anyone let me know, what I need to do now?
Thanks,
Kunal
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