Aadwik finance is the best car loan provider company in Bhopal. A car loan / automobile loan / auto loan is a sum of money, consumer borrows in order to purchase a car. In simple loan is an amount of money that is lent to an individual, business, or another entity. The party that lends the money is known as the lender, while the party borrowing the money is called the borrower.
When taking out a loan a borrower agrees to pay back the full loan amount, as well as any interest by a certain date, typically by making monthly payments.