Used Car Loan Blog Library

Your one stop place for everything related to finance and lending

Filter by: All Best How To? Know More Personal Loan Tips & Advice Top 10

Is Ford Coming Back to India?

Ford has been a trusted name among Indian car buyers for decades, with popular models like the Ikon, EcoSport, and Endeavour winning hearts across the country. However, in 2021, Ford decided to exit the Indian market due to financial challenges, leaving customers disappointed. Since then, the question many ask is: is Ford coming back to India? Rumors of a comeback have been circulating, especially with the rise of electric vehicles (EVs) and SUVs. In this blog, we’ll look at Ford’s journey in India, why it left, whether a return is on the horizon, and what it means for both new buyers and those considering a Ford through a used car loan. Key Takeaways Ford exited India in 2021 after struggling with sales and high operational costs. There are ongoing speculations about Ford’s return, possibly through EVs or premium SUV models. A comeback could increase competition in India’s automobile market For buyers, used Ford cars remain popular options with good resale value. Financing options like a car loan or used car loan make ownership more affordable. Table of Contents Introduction Ford’s Journey in India Why Did Ford Leave India? Is Ford Coming Back to India? Impact of a Possible Comeback Ford and the Used Car Market Ford’s Future in EVs and SUVs Related Read Final Thoughts FAQs Introduction India is one of the fastest-growing automobile markets in the world, attracting global carmakers to invest and launch models here. While companies like Hyundai, Toyota, and Kia have successfully built a strong presence, Ford had its share of ups and downs. Many Indian car buyers still recall the reliability and sturdiness of Ford cars. So naturally, the question—is Ford coming back to India—sparks curiosity and excitement. Ford’s Journey in India Ford entered India in 1995 with the launch of the Ford Ikon. Over the years, it became known for robust, safe, and performance-oriented cars. Popular models included: · Ford Ikon (Josh Machine) · Ford Fiesta · Ford EcoSport, India’s first compact SUV · Ford Endeavour, a premium SUV The EcoSport and Endeavour, in particular, built Ford’s reputation for sturdy, reliable cars with strong road presence. Why Did Ford Leave India? Despite having iconic models, Ford struggled in India. The reasons included: · Limited product portfolio compared to competitors. · Higher maintenance costs perceived by customers. · Inability to compete with aggressive pricing by brands like Maruti Suzuki and Hyundai. · Losses amounting to billions of dollars over two decades. In 2021, Ford announced its exit from manufacturing cars in India, although it continued to provide service support to existing customers. Is Ford Coming Back to India? The big question remains: is Ford coming back to India? Speculations rose when Ford retained its plants in India instead of selling them off completely. Reports have suggested: · Ford may re-enter as a manufacturer of electric vehicles (EVs). · The company could focus on premium segments like SUVs rather than mass-market cars. · Ford has already applied for trademarks for new models in India, keeping hopes alive. Although there has been no official confirmation, the chances of Ford returning in some form remain strong. Impact of a Possible Comeback If Ford re-enters India, the automobile market could see: · More competition in the SUV and EV segments. · Better choices for consumers in terms of safety, technology, and features. · Pressure on competitors like Hyundai, Kia, and Tata Motors to innovate further. For buyers, this could mean more options across budgets and categories. Ford and the Used Car Market Even without new models, Ford cars are still in demand in the used car market. Cars like the EcoSport and Endeavour are known for their durability, safety, and performance. Many buyers prefer them because they: · Offer great value for money. · Are available at attractive prices compared to new models. · Provide a premium driving experience. If you’re considering a pre-owned Ford, financing it with a used car loan makes the purchase easier and more affordable. Ford’s Future in EVs and SUVs The global automobile industry is shifting towards electric mobility. Ford has already invested heavily in EVs abroad. If it re-enters India, it is likely to bring: Electric SUVs for urban buyers. Hybrid options in the premium category. Smart, connected cars aligned with global sustainability goals. This could make Ford an exciting option for future-focused Indian buyers. Related Reads If you found this blog useful, you may also like: Car Manufacturers in India – to understand Ford’s competitors in the Indian market. Best Resale Value Cars in India – if you are considering buying or selling cars with strong resale demand. Final Thoughts So, is Ford coming back to India? While nothing is officially confirmed, strong hints and industry trends suggest the possibility. Whether through EVs, SUVs, or premium models, Ford may find a fresh start in India’s evolving automobile landscape. In the meantime, Ford cars continue to hold their charm in the used car segment. If you’re looking to buy one, opting for a car loan or used car loan can help you make a smart and affordable purchase. FAQs Why did Ford leave India? Ford left India in 2021 due to high losses, low sales, and tough competition. Is Ford coming back to India with EVs? Reports suggest Ford may re-enter the market with electric vehicles, though no official date has been announced. Can I still buy Ford cars in India? Yes, Ford cars are available in the used car market. You can explore options through dealerships or online platforms. Are Ford cars good for resale? Models like the EcoSport and Endeavour hold decent resale value due to their durability and brand trust. Can I get a loan to buy a used Ford car? Yes, you can easily finance a pre-owned Ford using a used car loan.

22-08-2025

Know More

3 Lakh Budget Cars in India - Full List

For many first-time buyers and families in India, affordability is one of the biggest factors when purchasing a vehicle. With rising car prices, finding a reliable 3 lakh budget car can be challenging, but it’s not impossible. Several entry-level models continue to provide excellent value, offering practicality, fuel efficiency, and decent features at pocket-friendly prices. This blog will explore the best cars you can buy around the ₹3 lakh mark, what to consider before making your choice, and how a car loan can help you make this dream a reality. Key Takeaways Learn which cars are available in the 3 lakh budget car segment in India. Explore hatchbacks and compact cars that balance affordability and efficiency. Understand the pros and cons of budget-friendly cars. Get financing tips through Piramal’s used car loan. See how budget cars compare with higher-end options. Table of Contents Why Look for a 3 Lakh Budget Car in India? Best Cars Around ₹3 Lakh in India Maruti Suzuki Alto 800 Bajaj Qute (Quadricycle) Datsun Redi-GO (Used Car Market) Maruti Suzuki Omni (Used Car Market) Pros and Cons of a 3 Lakh Budget Car Financing Your Car with Piramal Finance Final Thoughts FAQs Why Look for a 3 Lakh Budget Car in India? The Indian automotive market is diverse, but cars under ₹3 lakh are increasingly rare in the new car segment. However, the demand for a 3 lakh budget car remains strong because: Affordability: Ideal for first-time buyers or families on a tight budget. Compact size: Small cars are perfect for city commutes and easy parking. Fuel efficiency: Entry-level models often deliver excellent mileage. Low maintenance: Basic design keeps repair costs low. Availability of used car loan that make car financing easier. While new cars at this price are limited, the used car market offers a wide selection of vehicles that fit within the ₹3 lakh budget. Best Cars Around ₹3 Lakh in India Maruti Suzuki Alto 800 Price (New): Around ₹3–3.5 lakh (depending on variant). Mileage: 22–24 km/l. Why it’s popular: India’s best-selling entry-level hatchback, known for reliability, fuel economy, and affordability. The Alto 800 continues to be the go-to choice for buyers looking for a 3 lakh budget car. Bajaj Qute (Quadricycle) Price (New): ₹2.8–3.5 lakh. Mileage: ~35 km/kg (CNG version). Why it’s unique: India’s first quadricycle, compact yet practical for city driving. The Bajaj Qute offers a unique alternative for city commuters who want something affordable and efficient. Datsun Redi-GO (Used Car Market) Price (Used): ₹2.5–3 lakh (depending on year and condition). Mileage: ~20 km/l. Why it’s worth considering: Discontinued but widely available in the used market with good features for its price. Maruti Suzuki Omni (Used Car Market) Price (Used): ₹2–3 lakh. Mileage: ~16 km/l. Why it’s practical: Spacious van design, popular among small business owners and families. Pros and Cons of a 3 Lakh Budget Car Pros: Very affordable pricing. Excellent fuel efficiency. Compact size makes driving and parking easy. Low maintenance costs. Cons: Limited features compared to higher-end cars. Basic safety equipment. Smaller engines may feel underpowered for highways. Financing Your Car with Piramal Finance Buying a car, even at a lower price point, can feel like a big financial step. That’s why Piramal Finance offers convenient options with a used car loan. With Piramal Finance, you can: Buy a reliable pre-owned car in the ₹3 lakh range at affordable EMIs. Access flexible repayment plans suited to your budget. Enjoy fast approvals with minimal paperwork. Whether you’re considering an Alto 800, Bajaj Qute, or a used hatchback, a car loan ensures you don’t compromise on quality and safety. Final Thoughts A 3 lakh budget car may not come with luxury features, but it offers exactly what many Indian buyers need—affordability, efficiency, and practicality. From the Alto 800 to the Bajaj Qute and several pre-owned models, the choices are still diverse. By evaluating your needs carefully and considering the used car market, you can get more value within your budget. And with Piramal Finance supporting your journey with flexible car loans, driving home your first or next car has never been easier. FAQs Are there any new cars under ₹3 lakh in India? Currently, very few new models are priced below ₹3 lakh. Most options are either slightly above ₹3 lakh or available in the used car market. Which is the best 3 lakh budget car in India? The Maruti Suzuki Alto 800 remains the most reliable and popular option. Can I buy an SUV under ₹3 lakh? Not in the new car segment. However, used SUVs like older Mahindra Bolero or Tata Sumo models may fall in this price range. Are budget cars fuel-efficient? Yes, most budget cars are designed for high mileage, often above 20 km/l for petrol models. Can I get a loan for a ₹3 lakh used car? Yes, Piramal Finance offers flexible used car loan options, making it easy to finance pre-owned cars. Do 3 lakh budget cars have good resale value? Not as high as premium cars, but well-maintained models like Alto or WagonR hold decent resale value.

21-08-2025

What Does LMV Mean in Driving License?

When applying for a driving license in India, many people get confused by abbreviations such as LMV, MCWG, MCWOG, or HMV. Each of these codes represents a different category of vehicles that you are legally allowed to drive. Among them, LMV means in driving license is one of the most common. LMV stands for Light Motor Vehicle, and it typically covers cars, jeeps, vans, and other small four-wheelers used for personal or light commercial purposes. In this blog, we’ll break down what LMV means, who can apply for it, its eligibility, the application process, and why understanding this license category is important. We’ll also look at how LMV relates to owning or financing a vehicle, especially if you’re buying a used one. Key Takeaways LMV stands for Light Motor Vehicle. LMV means in driving license that the holder can drive private cars, jeeps, and other small four-wheelers. It is one of the most common driving license categories in India. Understanding LMV helps you stay legally compliant and avoid fines. Table of Contents LMV Meaning Explained Types of Vehicles Covered Under LMV Eligibility for an LMV License How to Apply for an LMV Driving License Fees and Validity of LMV License Why LMV is Important for Everyday Driving LMV and Buying Used Cars Related License Categories Final Thoughts FAQs LMV Meaning Explained The LMV means in driving license is Light Motor Vehicle. This category is for non-transport vehicles like cars, jeeps, and small vans used for private or light commercial purposes. Having an LMV license means you are legally permitted to drive light four-wheelers on Indian roads. For most people, this is the first and most important driving license they apply for. Types of Vehicles Covered Under LMV The LMV category covers: Private cars (sedans, hatchbacks, SUVs). Jeeps and vans. Small four-wheelers used for personal use. Some categories of light commercial vehicles (depending on state rules). It does not cover heavy goods vehicles or motorcycles. For motorcycles, you’ll need an MCWG or MCWOG license. For heavy vehicles, HMV is required. For example, if you are interested in larger family vehicles, you may want to check out our guide on the 7 seater cars in India, which explains options that fall under LMV usage. Eligibility for an LMV License To apply for an LMV license: Age Requirement: Must be at least 18 years old. Learner’s License: You must first get a learner’s license. Documents Required: Proof of age, address, Aadhaar card, passport-size photos, and learner’s license. Medical Certificate: Required if you are above 50 years of age. How to Apply for an LMV Driving License Here is a step-by-step process: Visit the Parivahan Sewa portal or your local RTO office website. Fill out the application for a learner’s license under the LMV category. Book an appointment for the test at your nearest RTO. Pass the learner’s test (basic traffic rules and road signs). After 30 days, apply for a permanent LMV license. Appear for the driving test. If successful, you will be issued an LMV license. Fees and Validity of LMV License Learner’s License Fee: Around ₹200. Permanent License Fee: ₹500–₹1,000 (varies by state). Validity: Usually valid for 20 years or until the holder turns 50, whichever comes first. After expiry, the license must be renewed with updated medical fitness proof if needed. Why LMV is Important for Everyday Driving For most Indian households, the first car they buy falls under the LMV category. Owning an LMV license ensures: Legal Compliance: You can drive without worry of fines. Insurance Coverage: Claims remain valid only if the driver holds the correct license. Safety: Drivers are tested on basic driving skills before getting the license. Learning about traffic rules is equally important since an LMV license test also covers road safety. LMV and Buying Used Cars If you are planning to buy a used car, having an LMV license is a must. The LMV means in driving license ensures you can drive cars legally, whether new or pre-owned. When purchasing a used vehicle: Check the RC (Registration Certificate). Verify the insurance (you can even download insurance copy by vehicle number online). Confirm pollution and fitness certificates are updated. If funds are a concern, you can always explore used vehicle financing options by Piramal Finance. This helps you own your dream car while managing your budget easily. Related License Categories Apart from LMV, there are other categories: MCWG: Motorcycle With Gear. MCWOG: Motorcycle Without Gear. HMV: Heavy Motor Vehicle for trucks and buses. Transport Licenses: Required for commercial vehicles. For more details on motorcycles, check our guide on the MCWG full form, which explains everything about motorcycle licenses. Final Thoughts The LMV means in driving license is straightforward—it allows you to drive Light Motor Vehicles such as cars, jeeps, and small vans. This license category is the most relevant for the majority of Indian drivers. Whether you’re purchasing your first car, upgrading to a bigger one, or buying second-hand, understanding license categories ensures a smooth and legal driving experience. Combine your LMV license with proper documentation, insurance, and financing options like a car loan, and you’ll be ready to hit the road with confidence. FAQs 1) What is the full form of LMV in driving license? It stands for Light Motor Vehicle. 2) Can I drive an SUV with an LMV license? Yes, as long as it is categorized under LMV and not used for commercial transport. 3) What is the age requirement for LMV license? Minimum age is 18 years. 4) Does LMV cover commercial vehicles? In some states, LMV license may include light commercial vehicles, but for full commercial use, a transport license is required. 5) Is LMV valid across India? Yes, it is valid in all Indian states. 6) Can I use LMV license abroad? No, you’ll need an International Driving Permit (IDP) for driving outside India. 7) What is the difference between LMV and HMV? LMV covers small four-wheelers, while HMV covers heavy goods and passenger vehicles.

13-10-2025

Know More

Types of Number Plates in India

If you’re buying, selling, or even planning a loan for a car, understanding the types of number plates in India is essential. Number plates are not just for identification—they also indicate the vehicle’s category, usage, and sometimes the tax or registration method. In this blog, we’ll explain the main plate colours and formats you’ll see on Indian roads, what they mean for private, commercial, rental, electric, temporary, and special-category vehicles, plus when the BH series applies. By the end, you’ll know exactly which plate your car should wear and how this affects daily use, insurance, and resale—especially helpful if you’re comparing new vs used car purchases. Key Takeaways • The types of number plates in India are colour-coded to show the vehicle’s category and use.• Private cars, commercial vehicles, rentals, EVs, and temporary registrations each have distinct plates.• BH series offers pan-India mobility for eligible owners, with a unique format and tax method.• Knowing your plate type helps with compliance, resale clarity, and paperwork. Table of Contents 1. How Indian Number Plates Work2. Private vs Commercial Plates3. Rental, Taxi, and Self-Drive Plates4. EV Plates: Green for Cleaner Mobility5. Temporary and Trade/Dealer Plates6. Special Series: BH Number Plate7. Other Special/Official Formats8. Buying Tips: New or Used Car, What to Check9. FAQs How Indian Number Plates Work Before we go into the types of number plates in India, it helps to know the usual structure:• State/UT code (e.g., MH, DL, KA)• RTO code (two digits)• Series (one to three letters)• Number (up to four digits)Plates are colour-coded and font-styled to improve visibility for enforcement and safety. For any purchase—especially a used car—make sure the plate’s colour and format match the registration certificate (RC). Private vs Commercial Plates Private Vehicles (Personal use)• Most personal cars carry a white background with black characters.• This is the most common of all types of number plates in India and applies to non-commercial daily use.Commercial Vehicles (Goods/Passenger transport)• Commercial vehicles typically use a yellow background with black characters.• Taxis and goods carriers fall in this category, signalling that the vehicle is used for hire or business.Why this matters: Insurance, taxes, and traffic rules differ for private versus commercial usage. If you’re buying used vehicle, confirm the registration type matches the way you intend to use the vehicle. Rental, Taxi, and Self-Drive Plates You’ll also encounter black background with yellow characters—commonly seen on rental/self-drive fleets and chauffeur-driven rentals. This format signals commercial availability while distinguishing them from standard taxi plates. If you plan to list your vehicle for hire or self-drive rental, ensure the plate type and permit align with regulations. EV Plates: Green for Cleaner Mobility Electric vehicles (EVs) have a distinct identity among the types of number plates in India:• Private EVs: Green background with white characters.• Commercial EVs: Green background with yellow characters.This special colour highlights cleaner mobility and can make it easier to claim EV-related benefits or exemptions wherever offered by local authorities. Temporary and Trade/Dealer Plate Temporary Registration (TR)• Newly purchased vehicles awaiting permanent numbers often carry temporary plates for a short validity period.• The background/character style is distinct and time-bound; always check the expiry date and convert to permanent registration on time.Trade/Dealer Plates• Dealers use trade certificates for test drives and stock movement.• These are strictly for dealer use; as a buyer, ensure your car moves to a valid private/commercial plate after purchase.For any pre-owned purchase, verify that the temporary period (if applicable) has not lapsed and that final registration details in the RC match the plate you see. Special Series: BH Number Plate The BH (Bharat) series is a newer format designed to support frequent inter-state movement (for example, transferable jobs). It uses a pan-India format and a different tax calculation method over defined periods. If you qualify, the BH number plate can simplify relocation and compliance across states.When learning the types of number plates in India, the BH series is particularly useful for buyers who expect to move between states. If you want to explore eligibility and the process, read more on bh number plate requirements in our dedicated post (add link later). Other Special/Official Formats Certain official vehicles and diplomatic missions have distinctive formats or identifiers. While these may not come up in routine buying, it’s good to recognise they exist so you don’t confuse them with private or commercial categories. Always cross-check the RC to confirm the category and any special permits. Buying Tips: New or Used Car, What to Check Whether you’re buying from a showroom or a pre-owned marketplace, use this quick checklist tied to the types of number plates in India:• Match Plate to RC: The colour and category (private/commercial/EV/BH) must match your RC.• Check Series & Chassis: Cross-verify plate details with the chassis/engine numbers in the RC and invoice. If you’re doing a background check, our guide on how to find vehicle owner? explains simple ways to verify ownership records before you pay.• No Tampering: Look for clean, standard fonts and proper riveting/placement.• For Used Cars: Confirm there are no pending challans or mismatches in ownership.• Financing: If you’re buying used car, planning your budget through a used car loan helps you shortlist confidently and negotiate better. Ask for the service history, inspect tyres and brakes, and take a proper test drive. Correct plates and paperwork today mean smoother resale tomorrow. Final Thoughts Understanding the types of number plates in India is more than trivia—it protects you from paperwork issues, wrong permits, or insurance surprises. With the basics clear—private vs commercial, rental, EV, temporary, and BH series—you can choose with confidence, especially when evaluating a used car. Keep your RC, plate type, and intended usage aligned, and you’ll enjoy a worry-free ownership experience. FAQs 1) Can I convert my private car to commercial usage later? Yes, but you’ll need to follow RTO procedures, permits, and re-registration steps. The plate colour and insurance category will change accordingly. 2) How do I know if a used car’s plate is genuine? Cross-check the RC details, state code, and RTO code. Inspect the physical plate for correct font, spacing, and secure mounting. Avoid any platewith unusual stickers or altered characters. 3) Are EV plates mandatory for electric cars? Yes, EVs follow the green plate format, with white characters for private and yellow for commercial. Make sure the RC reflects “electric” as the fuel type. 4) What is the benefit of the BH series? BH series helps eligible owners who move across states frequently. It uses a uniform format and a different tax schedule, reducing re-registration hassles. 5) How long can I use a temporary plate? Temporary registration is short-term and meant only until you get a permanent number. Always convert within the validity period to avoid penalties. 6) Do rental/self-drive cars use different plates? Yes. Rental and certain hire-use vehicles typically display a black background with yellow characters, signalling commercial use distinct from standard taxis.

26-09-2025

Know More

What is Vehicle Identification Number?

Every car has its own unique identity, much like a fingerprint. This identity is marked by a vehicle identification number, commonly called a VIN number. Whether you are buying a new car, verifying the details of a used one, or handling insurance claims, knowing how to locate and understand this number is essential. In this blog, we’ll explore what a VIN is, why it matters, how to decode it, and how it connects to ownership, resale, and financing. Key Takeaways The vehicle identification number (VIN) is a 17-character code unique to every car. It contains details such as the manufacturer, year of production, and model. VIN helps in ownership verification, resale, insurance, and loan processing. Always check the VIN when purchasing a used car loan financed vehicle or pre-owned car. Table of Contents What is a Vehicle Identification Number? Why is VIN Important? Where Can You Find the VIN Number on a Car? How to Decode a Vehicle Identification Number VIN in Insurance and Ownership Verification VIN and Buying a Used Car Common Issues with VIN Numbers Legal Rules Around VIN in India Final Thoughts FAQs What is a Vehicle Identification Number? A vehicle identification number is a unique 17-character alphanumeric code assigned to every motor vehicle. No two vehicles have the same VIN, making it an important tool for identification and tracking. It includes information such as: Manufacturer details Model year Engine type Assembly plant In short, a VIN is your car’s identity card Why is VIN Important? The vin number is used for several key purposes: Registration and Ownership: It confirms your car’s legal identity. Insurance: Insurers use VIN to track claims. Resale Value: Helps buyers verify authenticity. Theft Recovery: Authorities can trace stolen cars through VIN. For example, when considering a resale, buyers often prefer cars with a transparent record, similar to guides we provide for best resale value cars. Where Can You Find the VIN Number on a Car You can usually spot the vehicle identification number in the following places: On the dashboard (driver’s side, visible through the windshield). On the driver’s side door frame. In the car’s registration certificate (RC). On the engine block or chassis. When buying a pre-owned car, it is crucial to match the VIN on the car with the one in the documents. How to Decode a Vehicle Identification Number The vin number may look like a random set of characters, but every digit has meaning: First 3 Characters (WMI – World Manufacturer Identifier): Identify the manufacturer and country of origin. Characters 4–9 (VDS – Vehicle Descriptor Section): Indicate vehicle type, engine size, and body style. Characters 10–17 (VIS – Vehicle Identifier Section): Show the model year, plant code, and unique serial number. For example, a VIN starting with “MA” might indicate a Maruti Suzuki vehicle made in India VIN in Insurance and Ownership Verification Insurance companies rely on the vehicle identification number for issuing and validating policies. If you ever need to download insurance copy by vehicle number, the VIN acts as a key reference to ensure accuracy. During ownership transfers, RTOs also verify the VIN to prevent fraud. This protects both buyers and sellers during transactions. VIN and Buying a Used Car When buying a pre-owned car, checking the VIN is essential to confirm: The car’s true age and year of manufacture. Whether the car has been in any major accidents. That the RC and insurance match the actual vehicle. If you’re financing your car through a used car loan, lenders also check the VIN to ensure the vehicle is legally valid and free from disputes. For families or those considering practical vehicles, pairing VIN checks with research like our 7 seater cars in India guide can help in choosing the right option. Common Issues with VIN Numbers Sometimes, you may face problems such as: Illegible VIN: Rust or damage may make the VIN unreadable. Tampered VIN: Fraudsters may alter VINs on stolen cars. Mismatch: Documents and actual VIN not matching. Always double-check and ensure the VIN matches across all records Legal Rules Around VIN in India The Motor Vehicles Act mandates that every registered car in India must have a valid vehicle identification number. Tampering or altering the VIN is a punishable offense. During road safety checks or resale inspections, RTO authorities often cross-check the VIN to verify compliance. Final Thoughts The vin number is more than just a code—it’s the key to your car’s identity, history, and safety. Whether you’re applying for insurance, transferring ownership, or applying for a car loan, always ensure the VIN is correct and verified. For new buyers, especially those looking at pre-owned vehicles, the VIN check is as important as checking mileage, condition, or paperwork. A little diligence today can save you from costly legal or financial troubles tomorrow. FAQs 1) What is the full form of VIN? VIN stands for Vehicle Identification Number. 2) How many characters are in a VIN? A VIN has 17 alphanumeric characters. 3) Can two cars have the same VIN? No, each VIN is unique. 4) Where can I find the VIN on my car? It is usually located on the dashboard, door frame, RC book, or engine block. 5) Why is VIN important in buying a used car? It helps verify authenticity, prevents fraud, and ensures documents match. 6) Can I check accident history using VIN? Yes, in some cases, VIN can reveal accident or service records. 7) Is altering a VIN legal? No, tampering with VIN is illegal under Indian law. 8) Does VIN affect car loans? Yes, lenders use VIN to verify ownership before approving a loan.

25-09-2025

Most Expensive Number Plate in India | Auction, Rules & Record Prices

In India, owning a car is not just about transportation—it’s also about identity, prestige, and status. For enthusiasts and high-profile buyers, securing the most expensive number plate in India has become a matter of pride. Some plates have been auctioned for lakhs or even crores, often costing more than the cars themselves. But what makes a number plate so valuable? In this blog, we’ll explore record-breaking plates, why certain numbers are in demand, how the bidding system works, and key rules around premium plates, including their link with ownership transfers and used car purchases. Key Takeaways The most expensive number plate in India has sold for more than the value of the vehicle itself. Special numbers like “0001,” “9999,” and repeating digits often drive up auction prices. Auctions are conducted by RTOs, and bidding is open to both individuals and businesses. Knowing how to apply for and maintain premium plates helps with resale and legal compliance. Table of Content 1. Why Number Plates Matter in India2. What Makes a Number Plate “Expensive”?3. Record-Breaking Plates in India4. How the Auction Process Works5. Rules for Premium and Fancy Plates6. Ownership Transfer & Used Cars7. Why Buyers Pay Crores for Numbers8. Final Thoughts9. FAQs Why Number Plates Matter in India A number plate is a vehicle’s legal identity, but for many buyers, it also carries personal or cultural meaning. The most expensive number plate in India usually reflects status, luck, or business identity. Numbers that are easy to remember or hold symbolic value are in high demand. Just like luxury cars, a fancy plate becomes a way to stand out on the road. What Makes a Number Plate “Expensive” Several factors push up the price: Unique Numbers: Plates like “0001” or “0007” (James Bond reference) are always in demand. Cultural Beliefs: Many people believe certain digits bring luck, prosperity, or protection. Brand Identity: Businesses often pay lakhs to secure plates that match their brand initials or favorite numbers. Exclusivity: Only one vehicle can own a particular number, making it rare and competitive. When these elements combine, it leads to some of the most expensive number plate in India sales at auctions. Record-Breaking Plates in India The trend of bidding high for number plates has grown rapidly. Some known examples include: The “0001” series in Delhi and Chandigarh often crosses several lakhs. Luxury car owners in states like Punjab, Haryana, and Maharashtra are known for paying crores for unique digits. In some cases, the most expensive number plate in India has been sold at an amount higher than the value of the car itself. This shows how much importance people attach to a simple combination of numbers. How the Auction Process Works Premium plates are not assigned randomly. The Regional Transport Offices (RTOs) conduct auctions where interested buyers register, pay a base fee, and start bidding. Online systems now allow easier participation. The process usually involves: Checking RTO notifications for available fancy numbers. Registering as a bidder and paying a refundable deposit. Participating in the online or physical auction. Paying the final amount if you win. Those who want the most expensive number plate in India often face tough competition from business owners, celebrities, and car collectors. Rules for Premium and Fancy Plates While you can pay for a premium plate, there are rules: You cannot use unofficial or self-styled plates. The size, font, and format must follow government norms. Transferring a premium plate requires permission from the RTO. A fancy plate can be retained by the same owner if they buy a new vehicle. Breaking these rules could lead to penalties, regardless of how much you spent on the number. Ownership Transfer & Used Cars What happens to the most expensive number plate in India when the car is sold? Typically, the plate belongs to the owner, not the car. The owner can apply to transfer the number to their new vehicle. This is why even buyers of pre-owned cars should carefully check whether the plate is included in the deal. If you’re buying a used car, focus first on correct paperwork—RC, insurance, and hypothecation status—before worrying about fancy numbers. For help, you can also read our guide on rto hypothecation removal process online, which is useful during loan closure or resale steps. Why Buyers Pay Crores for Numbers You might wonder why someone spends crores for the most expensive number plate in India. The reasons include: Social Status: Flaunting exclusivity on the road. Astrology/Feng Shui: Belief that certain numbers attract luck or wealth. Investment: Some consider it a rare asset that can be retained across vehicles. Passion: Car enthusiasts see it as part of their identity. For these buyers, a number plate is more than an accessory—it’s a statement. Final Thoughts Whether it’s for luck, luxury, or lifestyle, the craze for premium plates shows no signs of slowing down. While most of us may never bid for the most expensive number plate in India, knowing how auctions work and what rules apply can help you understand the culture behind them. And if you’re planning to buy a car—new or used—focus first on securing your finances. With a second hand car loan, you can easily manage your purchase and then think about fancy add-ons later. Start here: used car loan. FAQs 1) What is the most expensive number plate in India so far?The exact figures vary, but in some cases, plates have sold for more than ₹25–30 lakhs, exceeding the car’s value. 2) Can I keep my fancy plate if I sell my car?Yes. Owners can transfer their plate to another vehicle they own, subject to RTO rules. 3) How do I apply for a premium plate?Check your state RTO website for auction announcements, register as a bidder, and participate in the auction. 4) Are fancy plates legal in India?Yes, if issued by the RTO. However, self-designed fonts, stickers, or logos on plates are not allowed. 5) Can I buy the same fancy number as someone else in another state?Yes, since each state/UT issues its own registrations. The uniqueness applies within the RTO jurisdiction.

25-09-2025

Know More

Self Driving Car

From science fiction to reality, the self-driving car is one of the most exciting innovations in the automobile industry. These cars are designed to operate without human intervention by using advanced sensors, artificial intelligence (AI), and machine learning. While the technology is still evolving, self-driving vehicles are already being tested across the globe and may transform how we think about transportation. In this blog, we’ll explore what a self-driving car is, how it works, its benefits, challenges, and what the future holds for Indian roads. Key Takeaway A self-driving car uses AI, cameras, and sensors to navigate without human control. Different levels of autonomy range from driver assistance to full automation. Benefits include reduced accidents, better traffic flow, and improved convenience. Challenges include high costs, regulatory hurdles, and road infrastructure. Used vehicle financing help buyers access smart technology more affordably in India. Table of Contents What is a Self-driving Car? How Does a Self-driving Car Work? Levels of Autonomy in Self-driving Cars Benefits of Self-driving Cars Challenges and Limitations of Self-driving Cars Self-driving Cars vs Automatic Cars Global Developments in Self-driving Cars Self-driving Cars in India – Reality or Dream? Cost and Financing Options Final Thoughts FAQs What is a Self-driving Car? A self-driving car is a vehicle capable of sensing its environment and moving safely without human intervention. Unlike conventional cars, it does not require manual steering, acceleration, or braking. Instead, it relies on AI systems, GPS, radar, and cameras to navigate. Companies like Tesla, Waymo, and Uber have already invested heavily in developing these vehicles. Although full autonomy is still a work in progress, many cars today offer partial self-driving features such as adaptive cruise control and lane-keeping assistance. How Does a Self-driving Car Work? The self-driving car combines multiple technologies: Sensors & Cameras – Detect nearby vehicles, pedestrians, and road signs. GPS & Maps – Provide real-time navigation and positioning. Artificial Intelligence (AI) – Makes driving decisions like when to change lanes or brake. Radar & Lidar – Measure distance and detect obstacles with precision. All these inputs are processed by an onboard computer, which controls the vehicle in real time. Levels of Autonomy in Self-driving Cars The Society of Automotive Engineers (SAE) has defined six levels of autonomy: Level 1 – Driver assistance (adaptive cruise control). Level 2 – Partial automation (automatic braking, steering support). Level 3 – Conditional automation (car drives in certain conditions, driver must take control when needed). Level 4 – High automation (car can drive itself in most situations). Level 5 – Full automation (no driver required). Currently, most available models fall between Level 2 and Level 3. Benefits of Self-driving Cars Some potential advantages of adopting the self-driving car include: Fewer accidents – Reduced human errors like rash driving or fatigue. Improved traffic flow – AI-driven vehicles can communicate and reduce congestion. Convenience – Passengers can relax, work, or enjoy entertainment while commuting. Accessibility – Elderly or disabled individuals can benefit greatly. Fuel efficiency – Smarter driving reduces unnecessary braking and idling. For buyers interested in budget-friendly alternatives, exploring best mileage diesel cars can also provide efficiency while waiting for self-driving technology to mature. Challenges and Limitations of Self-driving Cars Despite the hype, the self-driving car faces several hurdles: High cost – Advanced technology and sensors make these vehicles expensive. Legal issues – Liability in case of accidents is unclear. Infrastructure – Indian roads with poor markings and chaotic traffic make automation difficult. Public trust – Many people still feel safer controlling their own vehicle. Until these challenges are resolved, mass adoption will take time. Self-driving Cars vs Automatic Cars It’s important to note that an automatic car is not the same as a self-driving car. Automatic cars only automate gear shifting but still require driver input. Self-driving cars are designed to handle all aspects of driving. For Indian buyers today, affordable automatic models like Automated Manual Transmission (AMT) cars are a more practical option than waiting for fully autonomous vehicles. Global Developments in Self-driving Cars Globally, companies are testing self-driving fleets: Tesla – Offers autopilot features with over-the-air updates. Waymo (Google’s subsidiary) – Runs self-driving taxis in parts of the USA. Uber – Conducted trials of autonomous ride-sharing cars. Ford & GM – Investing billions in autonomous research. These developments indicate that the self-driving car revolution is already underway, though large-scale adoption will take years. Self-driving Cars in India – Reality or Dream? In India, fully autonomous vehicles are still far from reality due to: Poor road infrastructure. Mixed traffic (cars, bikes, cycles, pedestrians, animals). Lack of clear legal framework. However, India is witnessing increased automation in the form of advanced driver assistance systems (ADAS) in premium cars. Over time, self-driving features may gradually become common in mid-range vehicles as well. Cost and Financing Options The price of a self-driving car is significantly higher than regular vehicles because of sensors and AI integration. For Indian buyers, purchasing such advanced cars may not be feasible immediately. However, a used car loan can help buyers afford modern cars with semi-autonomous features like lane assistance, adaptive cruise control, and emergency braking. Financing options make it possible to access advanced technology without heavy upfront costs. Final Thoughts The self-driving car represents the future of transportation, promising safer roads, better efficiency, and improved convenience. While India may take longer to adopt fully autonomous cars, small steps are already being taken with driver-assistance features. For now, automatic and semi-automatic vehicles remain the most practical choice for Indian consumers. Whether you buy new or pre-owned, exploring financing options such as a car loan or used car loan ensures affordability. FAQs Q1. What is a self-driving car?A car that uses AI, sensors, and cameras to drive without human control. Q2. Are self-driving cars available in India?No fully autonomous models yet, but some premium cars offer partial automation. Q3. What are the benefits of a self-driving car?Reduced accidents, traffic management, convenience, and accessibility. Q4. What is the difference between a self-driving car and an automatic car?Automatic cars require driver input, while self-driving cars can operate independently. Q5. Will self-driving cars be affordable in India?Not in the near future, but financing options like used car loans can make modern semi-autonomous vehicles accessible.

25-09-2025

Know More

RTO Hypothecation Removal Process Online

When you purchase a car through a loan, the lender places a lien on the vehicle until the loan is repaid. This lien is called hypothecation. Once you repay the loan fully, the bank issues a No Objection Certificate (NOC), allowing you to initiate the RTO hypothecation removal process online. Completing this step is crucial because unless you apply for hypothecation termination, the car continues to remain under the lender’s ownership record. In this guide, we’ll walk you through the hypothecation removal online process, the documents required, timelines, and why it’s important for your car’s resale and future use. Key Takeaways Understand what hypothecation means in vehicle financing. Step-by-step guide to complete RTO hypothecation removal process online. Documents needed for hypothecation termination. Importance of removing hypothecation after loan repayment. Common mistakes and tips for smooth online application. Table of Contents 1. What Is Hypothecation in Vehicle Loans?2. Why Is Hypothecation Termination Necessary?3. Documents Required for RTO Hypothecation Removal4. Step-by-Step Guide for RTO Hypothecation Removal Process Online5. How Long Does Hypothecation Removal Take?6. Charges for Hypothecation Termination7. Common Mistakes People Make During Hypothecation Removal Online8. Importance of Hypothecation Removal for Used Car Buyers9. Future Benefits of Hypothecation Removal10. Final Thoughts11. FAQs What Is Hypothecation in Vehicle Loans? When you purchase a vehicle using a car loan, the bank or lender is listed as the owner in the RC (Registration Certificate). This ensures that until you clear the loan, the lender has a claim on the car.This process is called hypothecation. Once the loan is repaid, the bank issues an NOC, which you must use to start the RTO hypothecation removal process online. Without hypothecation termination, the car legally remains tied to the lender. Why Is Hypothecation Termination Necessary? Hypothecation termination is essential for:• Legal ownership transfer: Without it, the vehicle cannot be sold to another buyer.• Loan-free resale value: Buyers prefer vehicles without hypothecation.• Insurance renewal: Many insurers require updated RC without hypothecation.• Peace of mind: Your car is legally and officially yours once the process is completed. If you’re planning to resell or even refinance through a second hand car loan, hypothecation removal is the first and most important step. Documents Required for RTO Hypothecation Removal Before starting the RTO hypothecation removal process online, keep these documents ready: No Objection Certificate (NOC) from the bank/financier. Form 35 (issued in duplicate by the lender). Original Registration Certificate (RC). Valid insurance certificate. Pollution Under Control (PUC) certificate. Copy of Aadhaar card and address proof. Uploading these documents correctly will speed up the hypothecation removal online process. Step-by-Step Guide for RTO Hypothecation Removal Process Online Here’s the exact process to follow: Visit Parivahan Website – Go to https://parivahan.gov.in. Login/Select RTO – Choose the state and RTO where your car is registered. Choose Service – Click on “Hypothecation Termination.” Enter Vehicle Details – Add your registration number and chassis number. Upload Documents – NOC, Form 35, RC, insurance, and PUC. Pay Fees Online – Hypothecation termination charges vary between Rs. 150 to Rs. 500. Submit Application – After payment, download the acknowledgement slip. RC Update – Once approved, you’ll receive a new RC without hypothecation. By completing the hypothecation removal online, you save time and avoid standing in long queues at the RTO. How Long Does Hypothecation Removal Take? Typically, the RTO hypothecation removal process online takes about 7–15 working days after submission, depending on your RTO. If documents are in order, the process is quick. However, delays can occur if there are errors in the NOC or missing forms. Charges for Hypothecation Termination The fee for hypothecation termination is relatively low, ranging from Rs. 150–500 depending on the state. This small cost ensures your RC is updated and gives you complete ownership rights. Common Mistakes People Make During Hypothecation Removal Online Uploading incomplete or unclear documents. Forgetting to carry the original RC for verification. Applying after the NOC validity period (usually 90 days). Not informing the insurance company about hypothecation removal. Avoiding these mistakes will help you complete the hypothecation removal online smoothly. Importance of Hypothecation Removal for Used Car Buyers If you’re buying a second-hand car, always ensure the seller has completed hypothecation termination. Otherwise, the car legally still belongs to the lender.For example, if you’re financing a purchase through a used car loan, verifying that hypothecation has been removed ensures you get a clean RC in your name without complications.This is also why checking car owner details before completing a transaction is critical. It gives you confidence that there are no pending loans or liabilities on the vehicle. Future Benefits of Hypothecation Removal Completing the RTO hypothecation removal process online has several long-term benefits:• Easier resale of your vehicle.• Higher market value compared to loan-linked cars.• Insurance premium adjustments based on updated RC.• Ability to refinance or transfer the vehicle without hurdles. Final Thoughts Hypothecation removal is the last but most crucial step after repaying your car loan. Thanks to digital platforms like Parivahan, the RTO hypothecation removal process online is quick, simple, and accessible to all.Whether you want to sell your car, renew insurance, or simply enjoy peace of mind, completing the hypothecation removal online ensures your vehicle is officially yours. For anyone considering buying or selling a car, always verify this step is completed to avoid legal or financial issues in the future. FAQs What is hypothecation termination? It is the removal of a lender’s lien on your vehicle once the car loan is repaid. Can I do RTO hypothecation removal online? Yes, using the Parivahan website, you can apply for hypothecation termination digitally. How much does hypothecation removal online cost? Between Rs. 150 to Rs. 500, depending on your state. What happens if I don’t remove hypothecation after loan repayment? The car will still be considered the bank’s asset, and you may face issues in resale or insurance claims. Can hypothecation removal be done without NOC? No, NOC from the lender is mandatory for the process. How long does it take to get RC updated after hypothecation termination? Usually 7–15 working days, depending on the RTO. Is hypothecation removal mandatory before selling a car? Yes, it is legally required for transferring ownership to the new buyer.

25-09-2025

Return to Invoice Cover in Car Insurance: Is It Worth It?

Buying a car is a dream for many, and protecting it with the right insurance plan is just as important. While standard insurance policies cover accidental damage or theft, they don’t always cover the complete financial loss when your car is totally damaged or stolen. That’s where return to invoice cover comes in. In this blog, we’ll explain what return to invoice insurance means, why it matters, how it works, and when you should consider adding it to your policy. Key Takeaways Understand what return to invoice cover is and how it protects you. Learn the difference between regular insurance and return to invoice insurance. Find out when it makes sense to add this option to your car insurance policy. Get practical tips to maximize your car insurance benefits. Table of Contents What Is Return to Invoice Cover? How Does Return to Invoice Insurance Work? When Should You Opt for Return to Invoice Cover? Difference Between Standard Insurance and Return to Invoice Cover Benefits of Return to Invoice Insurance Who Can Benefit the Most? Limitations of Return to Invoice Cover Practical Example of How Return to Invoice Works Final Thoughts FAQs What Is Return to Invoice Cover? A return to invoice cover is an add-on feature you can buy along with your comprehensive car insurance policy. It ensures that in case your car is stolen or completely damaged beyond repair, you get the original invoice value of the car.This means, instead of just receiving the depreciated value (which is usually lower), you receive the actual cost you paid when you purchased the vehicle. This add-on bridges the gap between the car’s current market value and its original invoice price. How Does Return to Invoice Insurance Work? Normally, when a car is declared a total loss after an accident, the insurer pays the Insured Declared Value (IDV), which is the car’s depreciated value. However, with return to invoice insurance, you get: The car’s original invoice price. Registration charges. Road tax paid at the time of purchase. For example, if your car’s invoice price was Rs. 10 lakh but its current IDV is only Rs. 7 lakh, you would still receive Rs. 10 lakh (plus registration and taxes) with this add-on. When Should You Opt for Return to Invoice Cover? This cover is not for everyone. It is most beneficial when: You own a new car (less than 3 years old). You live in areas with a high risk of theft. You’ve purchased an expensive or luxury car. You took a car loan to finance your vehicle, as it ensures the loan amount is fully covered in case of loss. Difference Between Standard Insurance and Return to Invoice Cover Aspect Standard Comprehensive Insurance Return to Invoice Cover Coverage Value IDV (depreciated value) Invoice value (original price) Total Loss/Theft Payout Less than purchase cost Full purchase cost + taxes + registration Best For Older cars, budget buyers New cars, financed or luxury cars This makes return to invoice insurance especially attractive for people who don’t want to lose money due to depreciation. Benefits of Return to Invoice Insurance Here’s why car owners opt for this add-on: Financial Security: Ensures you don’t face a loss due to depreciation. Peace of Mind: You know your full investment is protected. Loan Protection: If you purchased your car with a used car loan or new car loan, this cover helps you clear outstanding dues in case of total loss. Best for Expensive Cars: Luxury and high-end cars lose value quickly, so this cover safeguards your investment. Who Can Benefit the Most? First-time car buyers who want maximum protection. People with financed cars who don’t want to be stuck repaying a loan on a car they no longer have. Urban drivers in cities with high theft cases. Owners of premium cars that depreciate faster. Limitations of Return to Invoice Cover While useful, this add-on has some limitations: Usually available only for cars up to 3–5 years old. Comes with an additional premium. Cannot be claimed for minor damages - it only applies in total loss or theft cases. Some insurers may exclude it for commercial vehicles. Practical Example of How Return to Invoice Works Imagine you purchased a car for Rs. 8 lakh two years ago. After depreciation, its IDV is Rs. 6 lakh. Unfortunately, the car is stolen. With standard insurance: You get Rs. 6 lakh. With return to invoice cover : You get Rs. 8 lakh (invoice value) + registration + road tax. This means you don’t lose Rs. 2 lakh simply because of depreciation. Final Thoughts In today’s world, where thefts and accidents are common, return to invoice insurance provides an extra layer of financial security. If you’ve recently purchased a new or financed car, this add-on is worth considering. It protects not just your vehicle but also your peace of mind.And if you’re planning to buy a second-hand vehicle, securing the right insurance and financing is just as important. With a car loan or used car loan, you can bring home your dream car without financial stress, while smart add-ons like return to invoice cover keep you protected. FAQs What is return to invoice cover in car insurance? It’s an add-on that ensures you get the car’s original invoice value in case of theft or total damage. Is return to invoice insurance mandatory? No, it’s optional. But highly recommended for new or expensive cars. How long can I avail this cover? Generally, it is available for cars up to 3–5 years old. Does return to invoice cover minor damages? No. It only applies in cases of theft or total loss. Is it useful if I bought my car with a loan? Yes, it helps cover the entire loan amount if your car is stolen or completely damaged. Does every insurer offer this cover? Most reputed insurers do, but terms vary—always check before purchasing. Is it available for used cars? Some insurers may allow it for younger used cars (under 3 years), but it’s usually for new vehicles. Does it cost extra? Yes, it increases your premium, but the protection is often worth the price.

18-09-2025

Know More

New Car vs Used Car in India: Pros, Cons & Smart Buying Guide

Buying a car is one of the biggest financial decisions most people make, and it naturally comes with questions and confusion. The most common dilemma is whether to go for a new car vs used car. Each option has its own set of benefits and challenges. A new car offers the latest features, advanced safety systems, and the excitement of being the very first owner. On the other hand, a used car helps you save money, avoid heavy depreciation, and still enjoy a reliable vehicle if chosen carefully. In this blog, we’ll break down the key differences—costs, resale value, financing, insurance, and more—so you can confidently decide what works best for your budget and lifestyle. Key Takeaways A new car gives you advanced features and peace of mind but comes at a higher cost. A used car is more affordable, with slower depreciation, but may require more maintenance. Insurance, loan options, and resale value differ between new and used cars. The right choice depends on your budget, needs, and long-term plans. Table of Contents 1. Cost Comparison: New Car vs Used Car 2. Depreciation and Resale Value 3. Financing and Insurance Differences 4. Features and Warranty Benefits 5. Why a Used Car Can Be a Smart Choice 6. Final Thoughts 7. FAQs Cost Comparison: New Car vs Used Car One of the biggest differences between a new car vs used car is the cost. A new car usually comes with a higher price tag because of its modern features, brand-new condition, and showroom appeal. On the other hand, a used car is more affordable and often gives you access to higher models within the same budget. For buyers who are cost-conscious, a used car makes financial sense. Loan Options for Used vs New Car When deciding between a new car vs used car, loan options play a key role. New cars are usually easier to finance, with banks and NBFCs offering lower interest rates, longer repayment tenures, and bundled schemes directly from dealerships. Since new cars have higher value and lower risk, lenders are more flexible in approving higher loan amounts. On the other hand, loans for used cars often come with slightly higher interest rates and shorter tenures. This is because pre-owned cars have already depreciated, which reduces their collateral value for banks. However, the overall loan amount is smaller, keeping EMIs manageable. Many lenders, including Piramal Finance, now offer used car loans with quick approvals, flexible EMIs, and minimal paperwork—making it easier to buy a reliable pre-owned car without straining your budget. Depreciation and Resale Value When comparing new car vs used car, depreciation plays a huge role. A new car loses value quickly, sometimes up to 20–30% in the first year itself. This means if you plan to sell the car after a few years, you might face a big drop in resale value. Used cars, however, have already gone through that initial depreciation. This makes their value more stable over time, and some of the best resale value cars in the market are actually pre-owned models that retain demand. Financing and Insurance Differences Loans and insurance are also factors to consider in the new car vs used car debate. New cars usually get lower loan interest rates and attractive EMI schemes from dealers and banks. However, the loan amount is higher due to the car’s price. Used cars may come with slightly higher interest rates, but since the overall cost is lower, the EMI can still be manageable. Insurance costs are also higher for new cars, as their value is more. Used cars generally have lower insurance premiums, which reduces your monthly expenses. Features and Warranty Benefits If you love the latest features, a new car is hard to beat. From advanced safety systems to the newest infotainment setups, new cars give you modern comfort and technology. Many buyers also look for the most comfortable car in India when making their choice, whether new or used. Used cars, however, may not have the newest features. But with proper checks, you can still find well-equipped models. Many used cars also come with extended warranty options from dealers, giving you some level of protection. Why a Used Car Can Be a Smart Choice In the comparison of new car vs used car, the used car often stands out for its value for money. You can get a higher model or a bigger car at the price of a small new car. Depreciation is slower, insurance costs are lower, and if you choose wisely, maintenance can be affordable. If you are planning to apply for a used car loan, it makes the purchase even more convenient. Financial institutions like Piramal Finance offer easy car loan options to help you buy the car you want. New vs Used Car : Comparision Table Factor New Car Used Car Cost Higher upfront More affordable Depreciation 20–30% in first year Slower after 3–4 years Insurance Higher Lower Loan Lower interest but bigger EMI Higher interest but smaller EMI Features Latest tech & safety Depends on model/year Resale Value Drops quickly More stable Final Thoughts Deciding between a new car vs used car depends on your needs. If you want the latest features, advanced safety, and a brand-new driving experience, a new car is perfect. But if your priority is saving money, avoiding heavy depreciation, and still enjoying a reliable ride, a used car is the smarter choice. FAQs Is it better to buy a new car or a used car? It depends on your budget and needs. A new car offers modern features and warranty, while a used car saves money and retains value better. Do used cars have higher maintenance costs? Not always. If the car is well-maintained and has a clear service history, maintenance can be affordable. Why is insurance higher for new cars? Insurance is based on the car’s value. Since new cars cost more, their insurance premiums are also higher. Which has better resale value, new car or used car? Used cars usually have better resale value in proportion to their purchase cost, as they have already gone through the steepest depreciation. Can I get a loan for a used car? Yes. Many lenders, including Piramal Finance, provide easy used car loan options to make buying a used car more convenient. Is it easier to get a loan for a new car compared to a used car? Yes. Banks and lenders generally prefer financing new cars since they have higher value and lower risk. However, used car loans are also widely available today with flexible terms. Which option is better for first-time buyers: new car or used car? For first-time buyers on a tight budget, a used car is often the smarter choice as it reduces financial pressure. But if you want complete peace of mind with warranty and no prior usage, a new car may suit you better. How does depreciation affect the total cost of ownership? Depreciation impacts the resale value of a vehicle. New cars lose value quickly in the first few years, increasing the overall cost of ownership. Used cars depreciate at a slower rate, which helps keep ownership costs lower over time.

29-08-2025

How To?

Vehicle Transfer Form - Need, Types, Documents, How to

When you sell or buy a vehicle in India, transferring ownership officially is mandatory. This process requires filling out specific documents such as the vehicle transfer form. Known as Form 27 or vehicle ownership transfer form, this document ensures the legal shift of ownership from seller to buyer at the Regional Transport Office (RTO). Without completing this process, the previous owner may still be held liable for traffic violations, accidents, or insurance claims. In this blog, we’ll cover everything about the vehicle transfer form, including when it’s required, how to fill it, supporting documents, and the online process for a smooth transfer. Key Takeaways The vehicle transfer form (Form 27) is essential for legally transferring car ownership. Mandatory when selling, buying, or inheriting a vehicle. Can be completed both online and offline through the RTO. Requires supporting documents such as RC, insurance, PUC, and address proof. Essential for anyone applying for a used car loan to buy a second-hand car. Table of Contents What Is a Vehicle Transfer Form? When Do You Need a Vehicle Ownership Transfer Form? Types of Vehicle Transfer Forms (Form 27, Form 28, Form 29, Form 30) Documents Required for Vehicle Transfer Step-by-Step Guide to Filling a Vehicle Transfer Form RTO Process for Vehicle Ownership Transfer How to Apply for Vehicle Transfer Form Online Charges for Vehicle Ownership Transfer Importance of Vehicle Transfer for Used Car Buyers Common Mistakes in Vehicle Transfer Process Final Thoughts FAQs What Is a Vehicle Transfer Form? A vehicle transfer form is the legal document required to shift ownership of a vehicle from the seller to the buyer. Known officially as Form 27, it is submitted to the RTO where the vehicle is registered. The vehicle ownership transfer form ensures that all liabilities, including accidents, challans, and insurance claims, are shifted to the new owner. Without it, the seller remains legally responsible even after handing over the vehicle. When Do You Need a Vehicle Ownership Transfer Form? The vehicle ownership transfer form is required in the following cases: Sale of vehicle – When a car is sold to another person. Purchase of used vehicle – For buyers applying for a used car loan, submission of Form 27 is mandatory. Death of owner – Ownership transfer to the legal heir. Relocation – Transfer of registration from one state to another. Types of Vehicle Transfer Forms (Form 27, Form 28, Form 29, Form 30) While the vehicle transfer form mainly refers to Form 27, there are other related forms you may need: Form 27 – Application for assignment of a new registration mark. Form 28 – No Objection Certificate (NOC) for transfer. Form 29 – Notice of transfer of ownership. Form 30 – Application for intimation and transfer of ownership. Together, these forms ensure the vehicle ownership transfer form process is complete and legally binding. Documents Required for Vehicle Transfer To complete the transfer, you’ll need: Original RC (Registration Certificate). Valid insurance certificate. PUC (Pollution Under Control) certificate. Aadhaar or other identity/address proof. Passport-size photographs. Duly filled vehicle transfer form (Form 27). These documents are submitted along with the fees at the RTO. Step-by-Step Guide to Filling a Vehicle Transfer Form Filling out Form 27 is simple if you follow these steps: Write the name and details of the transferor (seller) and transferee (buyer). Provide vehicle details like registration number, engine number, and chassis number. Fill in insurance details and validity. Attach address proof and photographs of the new owner. Signatures of both parties are required. Submit the form along with supporting documents at the RTO. This ensures the vehicle ownership transfer form is processed smoothly. RTO Process for Vehicle Ownership Transfer Once the vehicle transfer form and documents are submitted, the RTO will: Verify the application and documents. Issue an updated RC card with the new owner’s name. Inform the insurance company about the ownership change. The process typically takes 15–30 days, depending on the RTO. How to Apply for Vehicle Transfer Form Online The Government of India has made it easier with online applications through the Parivahan portal. Steps include: Visit https://parivahan.gov.in. Go to “Online Services” → “Vehicle Related Services.” Select your state and RTO. Choose “Transfer of Ownership” and fill the vehicle transfer form online. Upload documents (insurance, PUC, ID proof). Pay applicable fees. Download acknowledgement receipt. With vehicle ownership transfer form submission online, the process is quicker and hassle-free. Charges for Vehicle Ownership Transfer The charges for vehicle transfer form processing vary by state but usually fall between Rs. 150–500. Additional charges may apply for smart card RC issuance. Importance of Vehicle Transfer for Used Car Buyers If you are buying a second-hand car through a car loan, completing the vehicle transfer form is crucial. Without it, the seller may still be liable for legal or financial issues involving the car. Buyers should also verify that hypothecation termination has been completed, ensuring the car is free from existing loans before applying for ownership transfer. Common Mistakes in Vehicle Transfer Process Submitting incomplete or unsigned forms. Missing insurance or PUC details. Delay in applying within 14 days of purchase (for local transfer). Not clearing hypothecation before applying for ownership transfer. Avoiding these errors ensures your vehicle ownership transfer form is accepted without delays. Final Thoughts Completing the vehicle transfer form process is a legal requirement and a safeguard for both buyer and seller. Thanks to digital platforms, the vehicle ownership transfer form can now be filled and submitted online with ease. Whether you’re buying a car with a used car loan or selling one, never ignore this step. It protects you from future liabilities and ensures smooth legal transfer of ownership. FAQs What is Form 27 in vehicle transfer? Form 27 is the official vehicle transfer form used for applying for a new registration mark at the RTO. Can I apply for vehicle ownership transfer form online? Yes, through the Parivahan portal, you can apply digitally. What documents are required for Form 27? RC, insurance, PUC, address proof, photographs, and duly filled vehicle transfer form. How much does ownership transfer cost? Between Rs. 150–500 depending on the state. Is hypothecation removal necessary before transfer? Yes, hypothecation termination must be completed if the car was bought on a loan. How long does it take for ownership transfer? Usually 15–30 days depending on RTO verification.

28-08-2025

Vastu Significance and Placement of Cow and Calf Statue in Home

Vastu Significance and Placement of Cow and Calf Statue in Home Summary The Kamdhenu cow and calf statue holds immense Vastu importance and is considered a symbol of prosperity, fertility, and spiritual peace. Placing it correctly—usually in your home’s North-East, North, or East—is believed to attract positive energy and help fulfill your wishes. This revered idol, central to Hindu tradition, beautifully represents abundance, well-being, and harmony. Understanding the Vastu significance and placement of the Cow and Calf statue in your home can truly bring peace and fortune into your life. Key Takeaways Kamdhenu represents wealth, health, and spiritual growth. The North-East direction is the most auspicious placement. Avoid bedrooms or untidy corners. Silver or white marble statues are considered especially lucky. Table of Contents Kamdhenu: Our Divine Cow, a Symbol of Blessings Every Part Tells a Story Where to Place Your Kamdhenu for Best Results: A Vastu Guide The Right Spot: Directions That Matter Best Rooms for Your Kamdhenu Where Not to Keep Her (and Why) Picking the Perfect Material Quick Tips: Do’s and Don’ts for Your Kamdhenu Final Thoughts Frequently Asked Questions Kamdhenu: Our Divine Cow, a Symbol of Blessings The Kamdhenu cow, often depicted with her calf Nandini, holds a deeply sacred place in Hindu belief. Known as the divine, wish-granting cow born from the Samudra Manthan (the churning of the cosmic ocean), she embodies the blessings of three goddesses: Lakshmi (for wealth), Saraswati (for knowledge), and Durga (for strength). Bringing this statue home is believed to usher in prosperity, financial stability, and good health while purifying your home’s energy. For couples hoping to start a family, it symbolizes nurturing and fertility, radiating hope and positivity. The significance of the Cow and Calf idol in Vastu runs deep—it’s believed to strengthen your overall well-being and inner balance. Every Part Tells a Story Each part of the Kamdhenu cow carries spiritual meaning: Horns: Represent Lord Brahma, Vishnu, and Shiva. Eyes: Symbolize the sun and moon. Hump: Represents prosperity and divine strength. Shoulders: Embody the wind and fire gods. Legs: Depict the four Vedas and the Himalayas. Together, these symbols make Kamdhenu a living embodiment of balance, purity, and abundance. Where to Place Your Kamdhenu for Best Results: A Vastu Guide Placing your Kamdhenu cow and calf statue correctly is key to channeling its positive energy. The Vastu significance and placement of the Cow and Calf statue in your home comes down to one thing—thoughtful positioning. The Right Spot: Directions That Matter The most recommended direction for the cow idol placement is the North-East (Ishan Kon) corner. This sacred zone is known for attracting divine energies and cosmic vibrations. Alternatively, the North or East directions are also considered highly beneficial. For business owners or professionals facing financial imbalances, placing the statue in the South-West corner preferably on a Monday is believed to help attract stability and reduce unnecessary expenses. Best Rooms for Your Kamdhenu The Pooja Room is considered the most auspicious location—especially for those seeking spiritual upliftment and peace. Placing the statue here on a Friday is believed to be particularly favorable. The Living Room is another suitable option; just ensure it’s positioned in the North-East, North, or East direction for maximum benefit. You may also place it near your main entrance—just make sure the cow faces inwards. This symbolizes prosperity and positive energy flowing into your home. Where Not to Keep Her (and Why) Knowing where not to place your Kamdhenu statue is just as important as knowing where to keep it. Avoid these areas: Bedroom – The idol’s sacred energy doesn’t align with restful spaces. Bathroom or Kitchen – These are impure or functional areas, unsuitable for divine symbols. Directly on the floor or in cluttered, unclean spaces. High-traffic areas where it could be accidentally disrespected or damaged. These simple precautions ensure respect and preserve the statue’s positive vibrations. Picking the Perfect Material The material of your Kamdhenu statue also influences its Vastu effect: Material Recommended Placement Believed Benefit Silver Worship/Pooja Room Attracts divine blessings and prosperity. White Marble Home Entrance Promotes calmness and purity. Brass or Copper Living Room or Office Encourages success and abundance. Earthen or Ceramic Sacred Corners Enhances natural energy and grounding. Quick Tips: Do’s and Don’ts for Your Kamdhenu Do’s: Keep the statue clean and in a respectful place. Place it in the North-East, North, or East directions. If near the entrance, ensure the cow faces inwards. Choose auspicious materials like silver or white marble. Don’ts: Don’t place it in bedrooms, bathrooms, or kitchens. Don’t place it directly on the floor or in unclean corners. Avoid chipped, broken, or damaged statues. Don’t place it where it can easily fall or be mishandled. Final Thoughts Bringing a Kamdhenu cow and calf statue into your home is a beautiful way to connect with India’s spiritual heritage while creating a peaceful and positive environment. According to Vastu for home, this divine symbol attracts prosperity, good health, and harmony when placed correctly. Just like choosing the right home loan helps you build your dream home, selecting and placing a Kamdhenu statue thoughtfully can help you invite abundance and stability into your living space. Choose your statue wisely, position it with respect, and let its sacred presence fill your home with divine energy, prosperity, and tranquility. Frequently Asked Questions Q1: Why is the Cow and Calf statue considered so important in Vastu?The Kamdhenu cow and calf statue is revered as a divine, wish-fulfilling symbol. It represents prosperity, fertility, and spiritual growth—believed to embody the blessings of Goddesses Lakshmi, Saraswati, and Durga. Q2: Which direction is best for placing the Kamdhenu statue?The North-East (Ishan Kon) corner is the most auspicious direction, followed by the North or East sides, to enhance harmony and prosperity. Q3: Can I place the statue in my living room?Yes, the Living Room is suitable, provided it’s positioned facing the North-East, North, or East direction. Q4: Are there any places where I should avoid keeping the statue?Yes. Avoid bedrooms, bathrooms, kitchens, or cluttered spaces. Never place it on the floor or near areas of negative energy. Q5: Does the material of the statue matter for Vastu?Yes. The material impacts the energy flow. Silver is best for worship areas, white marble for entrances, and brass or copper for prosperity zones. Q6: Can the Kamdhenu statue help with financial problems?It’s believed that placing the Kamdhenu statue in the South-West corner—especially on a Monday—can help attract financial stability and improve prosperity for business owners and families. Disclaimer The information in this article is based on general principles of Vastu Shastra and is intended for informational purposes only. Piramal Finance does not provide or endorse architectural or astrological advice. Please consult a qualified expert for personalized recommendations before making design or construction decisions.

13-11-2025

Tips & Advice

Vastu Shanti Puja: Bring Peace & Positive Energy to Your Home

Thinking of a new home or refreshing an old one? Many Indian families turn to Vastu Shanti, a time-honoured Hindu ceremony. It’s about aligning your living space with Vastu Shastra principles so it feels “just right.” The goal: invite peace, positive energy, and happiness into your life. This puja helps address any Vastu doshas (architectural imbalances) and seeks blessings from Vastu Purush, the home’s deity. It’s usually performed before moving into a new home or after a major renovation. Engaging a priest to determine the right time is key. Key Takeaways Vastu Shanti brings peace and positive energy. It helps correct Vastu doshas (architectural flaws). Suitable for new homes, renovations, and older properties. A priest will determine an auspicious time (muhurat). Table of Contents Why Vastu Shanti Matters for Your Home Understanding Vastu Shanti: What’s It All About? How to Perform Your Vastu Shanti Puja Essential Rules for Vastu Shanti Finding Auspicious Dates for Vastu Shanti Final Thoughts Frequently Asked Questions Why Vastu Shanti Matters for Your Home Imagine you’ve poured your heart, time, and savings into a new home. You want it to be a sanctuary brimming with happiness, good health, and success for your loved ones. This is exactly where Vastu Shanti steps in, a ritual many Indian families consider essential. This isn’t just a custom; it’s a deep-rooted Hindu ceremony that brings your home into harmony with Vastu Shastra, the ancient Indian science of architecture. It’s not only about bricks and mortar; it’s about aligning your living space with nature and cosmic energy. Vastu aims to balance the five basic elements earth, water, fire, air, and space alongside the energies of the nine planets. The objective is to create a home that supports physical health, mental peace, and financial well-being. The Vastu Shanti Puja (also called Vastu Dosh Nivaran Puja) is performed to please Vastu Purush, the guardian deity of the home. It also seeks blessings from the deities of the directions, the five elements, and other natural forces. Ultimately, this puja helps address Vastu doshas the subtle architectural or energy imbalances that can arise from construction errors or from not following Vastu principles initially and which can influence daily life. Understanding Vastu Shanti: What’s It All About? Performing Vastu Shanti Puja offers a host of benefits. Think of it as a spiritual reset for your home a powerful infusion of positive energy. Many families see it as a vital step toward a peaceful, prosperous life. A major benefit is neutralising Vastu doshas. The puja helps correct or at least reduce the effects of architectural imbalances and issues with your property’s natural energy flow, transforming how your home feels: comfortable, positive, and alive. It also invites positive energy by purifying the surroundings, clearing lingering negativity, and welcoming auspicious vibrations often experienced as greater peace, happiness, and prosperity. The ceremony further seeks blessings from Vastu Purush, the nine planets, the five elements, and the directional deities helping maintain harmony and guard against unexpected challenges. Many people find it enhances overall well-being supporting health and finances, strengthening family bonds, and easing obstacles in career or personal life. For older or previously occupied homes, it also serves as a spiritual cleansing of residual energies. In essence, Vastu Shanti fosters harmony by balancing natural elements within your home so the space feels aligned physically, emotionally, and spiritually. How to Perform Your Vastu Shanti Puja Vastu Shanti is usually performed with an experienced Hindu priest guiding the process. Here’s a straightforward outline: Getting Ready Clean up: Thoroughly clean the home, especially the puja area. Purify: Sprinkle Gangajal (holy water) for purification. Decorate: Adorn the main door with Ashoka leaves; create auspicious swastik signs; use fresh flowers and rangoli. Deities: Set up a puja spot with pictures or idols of Lord Ganesha and other deities; place a Vastu Purusha image in the Agneya (southeast), Nairutya (southwest), or Ishanya (northeast) direction. Samagri (items): Keep puja materials near the havan mandal (sacred fire pit) flowers, havan samagri, ghee, sweets, a copper kalash, coconut, mango leaves, rice, turmeric, and camphor (your priest will share a full list). Conducting the Ceremony Priest: Invite a priest well-versed in Vastu Shastra and Vedic rituals. Sankalp: The family head, with the priest, prays to Lord Ganesha and takes a vow to perform the puja; offerings (petals, rice, grains) are made to Mother Earth. Bhoomi Abhishanchan: Sprinkle Ganga water with mango leaves to sanctify the space. Pran Pratishtha: Mantras are chanted and offerings made to invoke divine presence. Havan: Offer ghee and herbs into the sacred fire while mantras are recited; the smoke symbolically purifies the environment. Aarti & Prasad: Conclude with aarti and distribution of prasad. After-puja: A small pit is dug to respectfully place the havan remnants, which are then covered. Essential Rules for Vastu Shanti To ensure the ceremony is meaningful and effective, keep these in mind. When to Do It Timing: Typically performed before Griha Pravesh, but also appropriate after major renovations, on purchasing an old house, after living away for an extended period, or approximately once every ten years. Muhurat: Consult an astrologer or priest to determine an auspicious date and time. Do’s and Don’ts Do’s Keep a calm, positive mindset during the puja. Ensure the home is clean and purified. Seek guidance from a knowledgeable priest. Don’ts Avoid Sutrabandhan (tying sacred thread) during Vastu Puja. Do not place the naivedya (offering) of dahibhat toward the eight corners. Avoid nailing or drilling into floors during the ritual. Do not schedule Vastu Shanti and Satyanarayan Puja on the same day. For attached flats, perform Vastu Puja separately for each unit. After the puja, avoid leaving the house unoccupied for more than three months. Finding Auspicious Dates for Vastu Shanti Choosing the right muhurat for a Vastu Shanti puja is incredibly important, as the ceremony is meant to align your home’s energy with positive cosmic forces. However, auspicious timings can vary widely based on your region, family traditions, and individual horoscopes. That’s why it’s always best to consult a local priest or astrologer who can suggest the most accurate, personalised dates for your household. If you wish, you can also refer to the monthly panchang for general guidance, but do treat those dates as indicative only your priest will provide the final, most suitable muhurat Final Thoughts Vastu Shanti is a meaningful way to invite positive energy and balance into your home. It’s a rich tradition many Indian families value for creating a peaceful, prosperous living environment. By following the steps and guidelines above, you can help align your home with Vastu Shastra principles. Whether you’re moving into a new home, renovating after taking a home loan, or simply seeking a more harmonious environment, Vastu Shanti offers a path to peace. Consult a trusted priest for guidance , especially for muhurat , and embrace this tradition as an invitation to well-being and happiness in your most special space Frequently Asked Questions What’s the main point of Vastu Shanti?To align your home with Vastu Shastra principles addressing Vastu doshas and inviting peace, positive energy, and good fortune for all occupants. Who should do Vastu Shanti Puja?Homeowners moving into a new place, undertaking major renovations, or purchasing an older property. It’s also commonly performed before Griha Pravesh. Is Vastu Shanti necessary for an old house?It’s often recommended. The ritual is believed to clear lingering energies and spiritually refresh the space for new occupants. Can I perform Vastu Shanti myself?It’s best performed under the guidance of an experienced Hindu priest to ensure the rituals and mantras are conducted correctly. What items are needed for Vastu Shanti Puja?Typical samagri includes flowers, havan samagri, ghee, sweets, a copper kalash, coconut, mango leaves, rice, turmeric, and camphor. Your priest will provide a detailed list. How much does Vastu Shanti Puja cost?Costs vary based on location, the priest’s dakshina, and the scale of the ceremony. Check directly with your priest for an estimate. Disclaimer: The information in this article is based on general principles of Vastu Shastra and is intended for informational purposes only. Piramal Finance does not provide or endorse architectural or astrological advice. Please consult a qualified expert for personalized recommendations before making design or construction decisions.

13-11-2025

Tips & Advice

Vastu Shastra For Home : Building Harmony in Your Indian Home

Ever noticed how some homes instantly feel peaceful and welcoming? That sense of balance often comes from Vastu Shastra the ancient Indian science of architecture that aligns your living space with nature’s energy. Whether you live in a city apartment or a traditional home, Vastu offers timeless guidance for designing spaces that radiate positivity, harmony, and well-being. The goal is simple create a home that nurtures your mind, body, and soul. Key Takeaways Vastu Shastra aligns your home with nature’s five elements. Directions play a crucial role in shaping positive energy. Even small Vastu changes can make a meaningful impact. Vastu principles fit beautifully into modern Indian homes. Table of Contents · Ever Wondered What Vastu Shastra Really Is? · Why Bother with Vastu Today, Especially in Modern Homes? · The Simple Heart of Vastu: Elements and Directions · Practical Vastu Tips for Every Corner of Your Home · Easy Vastu Tweaks for Everyday Life · Final Thoughts · Frequently Asked Questions Ever Wondered What Vastu Shastra Really Is? Imagine walking into a home that instantly makes you feel calm. Every corner seems just right bright, open, balanced. That feeling often stems from Vastu Shastra, an age-old Indian science of space design and energy flow. Vastu Shastra combines ancient wisdom, science, and philosophy to create harmony between humans and their surroundings. It works by aligning your home with natural forces like sunlight, wind flow, magnetic fields, and cosmic energy fostering health, peace, and prosperity. Why Bother with Vastu Today Especially in Modern Homes? In today’s world of compact apartments and fast-paced living, Vastu Shastra feels more relevant than ever. Many homeowners, architects, and interior designers now integrate Vastu principles into modern architecture to create homes that feel better brighter, airier, and more balanced. Modern Vastu isn’t about superstition; it’s about sustainability and wellness. It encourages designs that maximize natural light, ventilation, and positive energy. Even for milestones like Bhoomi Pujan (groundbreaking) or Griha Pravesh (housewarming), following Vastu ensures auspicious beginnings filled with optimism and balance. The Heart of Vastu: Elements and Directions At its core, Vastu Shastra revolves around balancing the five elements Pancha Bhootas: Earth (Prithvi) – stability and support Water (Jala) – flow and prosperity Fire (Agni) – energy and transformation Air (Vayu) – movement and freshness Space (Akash) – openness and expansion Each element connects to a specific direction. For example, Fire corresponds to the Southeast, while Water aligns with the Northeast. Vastu uses the Vastu Purusha Mandala, a symbolic square grid, to guide the placement of rooms and objects in harmony with these energies. Practical Vastu Tips for Every Corner of Your Home Main Entrance The entrance is your home’s energy gateway. Ideally, it should face North, East, or Northeast to attract prosperity and positive vibrations. Keep the doorway well-lit, clean, and free of clutter. A strong wooden door (like teak) enhances stability and security. Kitchen The kitchen represents the element of Fire. The Southeast corner is the best spot. When cooking, face East to promote health and positivity. Avoid placing the stove or sink directly opposite each other to prevent elemental imbalance. Master Bedroom For restful sleep and emotional balance, the master bedroom should ideally be in the Southwest. Sleep with your head toward the South or East, and avoid mirrors reflecting the bed they may disrupt peace and energy flow. Living Room This is where energy circulates the most where families bond and guests gather. The North, East, or Northeast directions are ideal. Keep heavy furniture toward the Southwest and use soft, light shades for walls to maintain a bright, open atmosphere. Pooja Room (Prayer Room) The Northeast corner, considered highly sacred, is best for a prayer room. Keep it tidy, well-lit, and peaceful. Avoid placing it near bathrooms or under staircases to maintain sanctity. Bathrooms and Toilets These are best placed in the Northwest or West corners. Avoid the Northeast or Southwest, as these can disrupt the home’s energy flow. Study Room / Work Area For concentration and success, place study areas in the North, East, or Northeast direction. Sit facing East or North for focus and clarity. Colours Soft, neutral, and soothing tones promote balance. Whites, beiges, yellows, and light blues are ideal for living areas and bedrooms. Avoid deep reds and blacks in large amounts they can overpower energy. Easy Vastu Tweaks for Everyday Life You don’t need to remodel your home to feel the benefits of Vastu Shastra. Small, mindful changes can make a big difference in bringing harmony and positivity into your space. Here are some simple ways to get started: · Add positivity-enhancing elements: Introduce small touches that encourage good energy and prosperity. Wind chimes, bamboo plants, small mirrors, or even a fish aquarium can help uplift your home’s energy and create a calm atmosphere. · Keep your space clutter-free: A tidy home allows energy to move freely. Declutter regularly, especially near your entrance and in living areas. A clean, organized environment naturally attracts positivity. · Welcome sunlight: Natural light is one of the most powerful sources of positive energy. Open your curtains and blinds during the day to let sunlight in — it instantly brightens your mood and refreshes the space. · Let in fresh air: Ensure good ventilation in every room. Fresh air helps remove stagnant energy and brings a renewed sense of calm and balance into your home. Final Thoughts Vastu Shastra isn’t about rigid rules it’s a philosophy for living in harmony with nature. Even small adjustments, like positioning furniture or adding more natural light, can make your home feel calmer and more uplifting. And if you’re planning to build or renovate your dream home, a well-structured home loan can help you turn your vision into reality. At Piramal Finance, we make it easier to design and finance a home that reflects balance, prosperity, and peace. With mindful planning and the right support, you’re not just creating a home you’re building harmony for generations. Frequently Asked Questions Q1: What are the main elements of Vastu Shastra? Vastu Shastra focuses on balancing the five natural elements — Earth, Water, Fire, Air, and Space. It also emphasizes how directions influence the flow of energy in your home, helping you create harmony and balance in your living environment. Q2: Is Vastu Shastra only for new homes? Not at all. Vastu Shastra applies to both new and existing homes. Even small changes like rearranging furniture, choosing the right wall colours, or adding meaningful décor can help improve energy flow and create a more positive atmosphere. Q3: Which direction is best for a main entrance as per Vastu? According to Vastu Shastra, the northeast, north, or east directions are the most auspicious for your home’s main entrance. These directions are believed to allow positive energy and prosperity to flow freely into your space. Q4: Can Vastu Shastra help with financial prosperity? Yes, it can. Many believe that following Vastu principles can attract financial growth and stability. Keeping the northeast zone clutter-free and ensuring proper placement of cash lockers or valuables are practical ways to enhance prosperity in your home. Q5: What is the significance of the Vastu Purusha Mandala? The Vastu Purusha Mandala is like a cosmic energy grid that guides how spaces are laid out within a building. Each section of this grid corresponds to different energies and functions, helping architects and homeowners design homes that support balance, well-being, and positivity. Q6: Do I need to make big structural changes for Vastu? Not necessarily. While Vastu Shastra can guide new constructions, existing homes can also benefit from smaller adjustments such as rearranging furniture, adding indoor plants, or using specific colours to improve balance. Most improvements are simple, affordable, and easy to implement. Disclaimer The information in this article is based on general principles of Vastu Shastra and is intended for informational purposes only. Piramal Finance does not provide or endorse architectural or astrological advice. Please consult a qualified expert for personalized recommendations before making design or construction decisions.

13-11-2025

Tips & Advice

Vastu Significance of Ganesha in House: Bringing Peace and Prosperity Home

In Indian homes, welcoming Lord Ganesha, guided by Vastu Shastra, is more than a tradition it’s a deep-rooted belief that He removes obstacles and brings wisdom, peace, and prosperity. Understanding the Vastu significance of Ganesha in the house helps families place His idol correctly, inviting harmony and positive energy. The right direction, trunk tilt, and even the idol’s material all play an important role in creating a peaceful and prosperous home. Key Takeaways Place Ganesha in the Northeast, North, or West direction for good energy. An inward-facing Ganesha at the main door acts as a protector. A left-tilted trunk (Vamamukhi) is ideal for domestic peace. A sitting Ganesha brings calm, while a reclining Ganesha symbolizes wealth. Table of Contents Why Ganesha Is So Important in Vastu The Best Spots for Your Ganesha Idol Ganesha at Your Main Door Understanding Ganesha’s Trunk Direction What Ganesha’s Posture Means Picking the Right Colour and Material Ganesha Vastu: The Dos and Don’ts My Final Thoughts Frequently Asked Questions Why Ganesha Is So Important in Vastu Before every new beginning whether starting a business or moving into a new home most Indian families seek Lord Ganesha’s blessings. Known as Vighnaharta, the remover of obstacles, He is believed to ensure success and stability. In Vastu Shastra, Ganesha’s presence aligns the energy of your home with universal harmony. His correct placement helps remove negativity, foster spiritual well-being, and attract happiness and growth. The Vastu significance of Ganesha in house reflects both symbolism and science He represents balance, wisdom, and auspicious beginnings. The Best Spots for Your Ganesha Idol The placement of your Ganesha idol is crucial for attracting good energy. The Northeast corner (Ishan Kona) is considered the most auspicious, representing spirituality and divine power. This is where the first rays of the sun bring vibrant, life-giving energy perfect for new beginnings. The North direction is another ideal option, believed to be the domain of Lord Shiva (Ganesha’s father) and Lord Kubera (the god of wealth). If the Northeast or North isn’t feasible, the West direction also works well. Ensure the idol faces East or North, and avoid placing it in the South direction, which is considered inauspicious. Ganesha at Your Main Door Many homes display a Ganesha idol near the main entrance to invite prosperity and protection. When placed here, the idol should face inward symbolizing positive energy entering your home. Traditionally, the Ganesha statue should be on the right side of the entrance, positioned at or above eye level. If you choose to place Ganesha at the entrance, ensure His back faces outward. If an outward-facing idol already exists, balance the energy by adding another Ganesha inside, with their backs touching. This neutralizes negative Vastu effects. Tip: Only place Ganesha at entrances that face North or South. Avoid East or West-facing main doors for this specific placement. Understanding Ganesha’s Trunk Direction The direction of Ganesha’s trunk carries symbolic significance. A left-tilted trunk (Vamamukhi) is considered auspicious for homes. It signifies peace, prosperity, and harmony, and is believed to be easier to please. A right-tilted trunk (Dakshinabhimukhi) represents more powerful energy and is traditionally preferred for offices or spaces that require dynamism. Choosing the correct trunk direction is an important part of understanding the Vastu significance of Ganesha in house. What Ganesha’s Posture Means Every Ganesha idol posture carries a distinct energy: Sitting Ganesha (Lalitasana): Brings peace, balance, and stability ideal for homes. Reclining Ganesha: Symbolizes luxury, comfort, and prosperity. Standing Ganesha: Reflects success, progress, and devotion often ideal for offices or workspaces. Picking the Right Colour and Material The colour and material of your Ganesha idol influence the kind of energy it attracts: White Ganesha: Symbolizes peace, happiness, and purity. Vermilion Ganesha: Encourages wealth and personal growth. Gold Ganesha: Attracts abundance and good fortune. Recommended Materials: Clay or Mud: Signifies humility and purity. Brass: Invites prosperity and joy. Crystal: Neutralizes negative energy and corrects Vastu imbalances. Copper: Brings luck and fertility. Silver: Attracts fame and recognition. Wood: Promotes good health and longevity. Cow Dung: Symbolizes cleansing and fortune. Avoid plastic or synthetic idols, as they are considered inharmonious with natural energies. Ganesha Vastu: The Dos and Don’ts Dos Keep one main Ganesha idol in the household. Ensure the idol has a mouse (Mooshak) and a modak (sweet) nearby. Keep the idol clean and well-maintained. Offer fresh flowers and light a diya daily as an act of devotion. Don’ts Avoid placing Ganesha in the bedroom, bathroom, or under a staircase. Do not keep two Ganesha idols facing each other in the same space. Avoid idols with broken or chipped parts replace them respectfully. Never place Ganesha near dustbins or untidy areas. Ensure Ganesha’s back doesn’t face the main living area. Final Thoughts Bringing Lord Ganesha into your home as per Vastu principles is a beautiful way to invite positivity, harmony, and prosperity. By following simple guidelines such as the right direction, posture, trunk tilt, and materials, you align your home’s energy with divine blessings. These time-honoured practices create not only a spiritually charged atmosphere but also a space filled with calm and abundance for your family. And as you work towards building or buying your dream home, remember that financial planning plays an equally important role. Choosing the right home loan with favourable interest rates and flexible repayment options can make your journey smoother and stress-free. Just as Vastu helps balance your home’s energy, the right home loan can help you achieve stability and peace of mind in your financial life. Frequently Asked Questions Q1: Can I place more than one Ganesha idol in my home?It’s generally recommended to have one main Ganesha idol in a household. Multiple idols may disperse the spiritual energy, so focus your devotion on one central figure. Q2: What if my main door faces East or West?If your main entrance faces East or West, it’s best not to place Ganesha directly at the door. Instead, place the idol inside your home, ideally in the North or Northeast direction. Q3: Is a standing Ganesha idol good for home?A sitting Ganesha is ideal for peace and family harmony. A standing Ganesha can also be placed if the focus is on success, progress, and overcoming challenges. Q4: Why should Ganesha’s trunk tilt to the left for homes?A left-tilted trunk (Vamamukhi) represents nurturing energy, peace, and prosperity making it ideal for a home setting. Q5: What materials should I avoid?Avoid plastic or synthetic idols. Choose natural materials like clay, brass, copper, silver, or wood for best results. Q6: Can I place Ganesha in the pooja room?Yes, the pooja room is the most auspicious spot. Within it, the Northeast corner is ideal, with the idol facing East or North. Q7: What offerings please Lord Ganesha the most?Offer modaks, fresh flowers, durva grass, incense, and a ghee diya. These are traditional favourites that invoke His blessings. Q8: What if I can’t follow all Vastu rules due to limited space?No problem intention matters most. A clean, respectful, and thoughtfully placed idol will still attract positivity and blessings. Disclaimer: The following article is based on traditional Vastu Shastra beliefs. Interpretations may vary depending on personal faith and regional practices. Readers are encouraged to follow what resonates best with them.

13-11-2025

Other

10 Upcoming IPOs in India

Are you planning to venture into the stock market? Or perhaps you’re considering various trading strategies? Whatever the case, an IPO can be an excellent tool for any trader to invest in, be it a beginner or an expert. With the Indian economy on the rise, several businesses are launching their IPOs in the coming months. We’re here with a list of 10 upcoming IPOs in India for you to consider. In this article, you’ll also learn about IPO allotment and how to check IPO status. What is an IPO? IPO stands for Initial Public Offering. It is a process through which a private firm issues its shares to the general public for the first time. The new investors buy the shares and provide the company with capital to aid its growth. An IPO can be a great way for the public to invest in and claim ownership in a company. The Indian economy is growing these days and thus startups are on the rise. Some day or the other, these businesses will need to raise funds. So we’ll be seeing many upcoming IPOs in 2022. What are the benefits of an IPO for a company? A new business receives funding from angel investors and banks to grow. An IPO is easy for the company to get financing without high interest and collateral. An IPO also allows the company to get listed on stock exchanges. And it can also generate publicity, as seen in the cases of PAYTM and Burger King. 10 Upcoming IPOs in India and How to Apply for Them - Please note: The IPO calendar is subject to change. Always refer to latest filings and regulatory updates before making investment decisions. # Company Industry Issue Size* (₹ crore) Expected Timeline Notes 1 Lenskart Solutions Retail/Eyewear ~7,278 Oct–Nov 2025 Major listing in retail. 2 Groww Ltd Fintech/Brokerage ~6,632 Nov 2025 One of the largest fintech listings. 3 Pine Labs Payments/Fintech ~3,900 Nov 2025 Fintech payments-platform major. 4 PhysicsWallah EdTech ~3,800 Nov 2025 Noted upcoming IPO in education. 5 ICICI Prudential AMC Asset-Management – Nov 2025 Listing of fund-management major. 6 boAt (Imagine Marketing) Consumer Electronics – 2025 Popular electronics brand in IPO pipeline. 7 OYO Rooms Hospitality – 2025-26 Global hospitality platform. 8 PharmEasy HealthTech/Pharmacy – 2025 Online pharmacy platform planning listing. 9 Fabindia Limited Retail/Apparel – 2025 Established retail brand going public. 10 SBI Funds Management Asset-Management – 2026 IPO of mutual-fund arm of SBI. Upcoming IPOs in India for 2026, with estimated details. Please note these are tentative and subject to regulatory approval and market conditions. # Company Sector Estimated Issue Size / Notes Expected Timeline 1 Reliance Jio Infocomm Telecom / Digital Services Very large-scale listing; the company is valued at approximately $100 billion+ in some reports. (Financial Times) 1H 2026 2 Licious Food & Quick-Commerce Temasek-backed online meat and seafood retailer targeting IPO; estimated $2 billion valuation. (Reuters) 2026 (12–18 months) 3 SBI Funds Management Asset Management Joint venture of SBI & Amundi; stake sale via IPO confirmed for 2026. (Reuters) 2026 4 Tata Capital Ltd. Financial Services / NBFC Large-ticket IPO mentioned in the national pipeline for 2025–26. (PL India) Late 2025 / 2026 5 Meesho E-commerce / Social Commerce Noted in upcoming IPO calendar for 2025–26; among India’s fastest-growing online retail platforms. (Trendlyne) 2025–26 How to apply for an IPO? Applying for an IPO is very simple in this digital age, but some prerequisites still exist. Choose a company Read the red herring prospectus on the SEBI website Check past profits, transparency in funding, debts, etc Open a Demat account and a trading account Linked a verified bank account with the necessary capital Select the lot size and bid You can choose independent platforms like Zerodha and Sharekhan to apply for an IPO. Some banks also merge bank, Demat, and trading accounts. What is IPO Allotment? Every IPO has specific quotas for different investors. High-value investors are usually preferred over the general public. And sometimes, there can be an oversubscription. It happens when the number of shares in demand exceeds the number of shares the company has released. In such cases, there is a random selection of applications. So either you get the allotment or your money back. In the case of an under-subscription, SEBI dismisses the IPO. How to Check IPO Status? The IPO allotment process isn’t over once your application gets through. Sometimes you receive fewer shares than you bid for. So it’s essential to double-check the IPO status. You can check IPO status on the websites of the registrars. These are independent organisations affiliated with stock exchanges. The company appoints them to oversee the record of the issued shares. You can also check IPO status on the websites of BSE and NSE. [B-02] Conclusion So, now you know about some upcoming IPOs in India, IPO allotment, and how to check IPO status. Next, you’re probably thinking of applying for an IPO. Be sure to review the company before taking that big step. However, some people may not have much capital to invest. If you need help with finances, you can always take the help of a financial expert like Piramal Finance. They will suggest what’s best for you and help take care of your personal finance requirements if any. Hopefully, you’ll make an informed decision. Happy trading!

12-11-2025

How To?

Your Land, Your Record: Understanding the 7/12 Extract in Raigad

The 7/12 extract is a crucial land record in Raigad district, Maharashtra. It provides details about land ownership, cultivation, and any liabilities. You can access it online through the MahaBhulekh portal or offline at the Talathi office. While not having one isn’t directly penalized, it is essential for property transactions, bank loans, and legal verification. Keeping it updated helps simplify processes and protects your land rights. Key Takeaways 7/12 extract: Your land’s essential identity document. Online access: MahaBhulekh makes it simple and quick. Offline option: The Talathi office is always available. Crucial for: Sales, loans, and ownership verification. Always verify: Check all details carefully and keep them updated. Table of Contents Why This Document Matters Getting Your 7/12 Extract Raigad Online – A Simple Guide The Traditional Way: Getting It Offline Quick Tips: Do’s and Don’ts Making Sense of Your Land Details Final Thoughts Frequently Asked Questions Imagine you own a piece of land in beautiful Raigad maybe it’s ancestral, or perhaps newly purchased. Now suppose you plan to sell it or apply for an agricultural loan. The first document you’ll be asked for is your 7/12 extract. This document is much more than just paper it’s your land’s official identity record. For landowners and farmers in Raigad, understanding and regularly checking this document is essential. It confirms ownership, shows what is cultivated, and highlights any pending loans or legal claims. The 7/12 extract forms the foundation of clear, dispute-free property ownership in Maharashtra. Why This Document Matters The 7/12 extract, or Satbara Utara, combines two forms in one: Form 7 (VII): Details of the owner and land rights. Form 12 (XII): Information about cultivation, crops, and land use. Issued by the Talathi office, this document is fundamental for anyone owning land in Raigad. It serves as: The primary proof of ownership. A required document when buying or selling land. A must-have for bank or agricultural loans. Proof needed to apply for government schemes and subsidies. Without an accurate 7/12 extract, land dealings can become complicated and time-consuming. Getting Your 7/12 Extract Raigad Online – A Simple Guide The good news is that getting your 7/12 extract for Raigad is now easier than ever. You can access it from the comfort of your home. Here’s how: Visit the official MahaBhulekh portal at mahabhulekh.maharashtra.gov.in. Select Raigad as your district. Click on 7/12 from the available options. Enter the required details, you can search using: Survey Number (सर्वेक्षण क्रमांक) Gat Number (गट क्रमांक) Owner’s First, Middle, or Last Name Complete the captcha and click Search (शोधा) or 7/12 पहा. Your extract will appear on the screen. You can view, download, or print it. For an official, digitally signed copy, visit the Aaple Sarkar or Digital Satbara portal and pay a nominal fee (usually ₹15). This signed version is legally valid for all official purposes. The Traditional Way: Getting It Offline If you prefer visiting in person or don’t have internet access, you can still get your 7/12 extract offline. Visit your local Talathi office or Tehsil/Taluka office in Raigad. Request the 7/12 extract application form and fill it carefully. Attach supporting documents such as your Aadhaar card or previous land records. Pay the applicable fee and collect the receipt. The Talathi will process your request and inform you when the physical, stamped copy is ready for collection. Quick Tips: Do’s and Don’ts Do’s Don’ts Check your 7/12 extract regularly. Don’t ignore any mistakes you notice. Ensure ownership and land area details are correct. Don’t use outdated extracts for sales or loans. Apply for corrections immediately if errors exist. Don’t share sensitive land details with strangers. Keep both digital and printed copies safe. Don’t rely on unofficial agents or websites. Making Sense of Your Land Details Your 7/12 extract for Raigad contains several key details: Form 7: Owner’s name, ownership share, and survey number. Form 12: Cultivation details, land area, and crops grown. Encumbrances: Any loans, disputes, or government claims on the land. If you’ve recently purchased or inherited land, ensure the mutation record is updated. A mutation reflects ownership changes — like sales, inheritance, or division, in government records. The updated 7/12 extract then becomes your official proof of ownership. Final Thoughts The 7/12 extract Raigad is your land’s official identity document. It ensures clear ownership, supports legal transactions, and helps secure agricultural or property loans. Whether you’re a farmer or a landowner, keeping your 7/12 extract accurate and updated gives you long-term security and peace of mind. Make it a habit to check your land records regularly, online through MahaBhulekh or offline at your Talathi office. At Piramal Finance, we believe that being informed helps every landowner make smarter and stress-free financial decisions — whether you are verifying land records or planning your next home loan. Frequently Asked Questions Q1. What’s the difference between a 7/12 extract and an 8A extract?The 7/12 extract provides detailed information about a specific piece of land, including ownership and cultivation details. The 8A extract is a summary that lists all land parcels owned by one person within a village. Q2. How can I correct errors in my 7/12 extract?Visit your local Talathi office with supporting documents such as a sale deed, court order, or Aadhaar card. The Talathi will verify the documents and initiate the correction process. Q3. Is a digitally signed 7/12 extract valid for official use?Yes, a digitally signed extract downloaded from the Aaple Sarkar or Digital Satbara portal is legally valid for property registration, bank loans, and other official purposes. Q4. What is the cost of obtaining a 7/12 extract online?Viewing it on MahaBhulekh is free. However, a digitally signed and legally valid copy typically costs around ₹15 per extract. Q5. How often should I check my 7/12 extract?It’s best to review it once a year, or whenever you buy, sell, inherit, or apply for a loan on your land. Q6. What if my land has multiple owners?The 7/12 extract will list all co-owners and their respective shares. Ensure that these details are accurate and updated before any transaction.

07-11-2025

;

Your one stop place for everything related to finance and lending

Trending articles

Is Ford Coming Back to India?

3 Lakh Budget Cars in India - Full List

Popular articles

What Does LMV Mean in Driving License?

Types of Number Plates in India

What is Vehicle Identification Number?

Most Expensive Number Plate in India | Auction, Rules & Record Prices

Self Driving Car

RTO Hypothecation Removal Process Online

Return to Invoice Cover in Car Insurance: Is It Worth It?

New Car vs Used Car in India: Pros, Cons & Smart Buying Guide

Vehicle Transfer Form - Need, Types, Documents, How to

More articles for you

Vastu Significance and Placement of Cow and Calf Statue in Home

Vastu Shanti Puja: Bring Peace & Positive Energy to Your Home

Vastu Shastra For Home : Building Harmony in Your Indian Home

Vastu Significance of Ganesha in House: Bringing Peace and Prosperity Home

10 Upcoming IPOs in India

Your Land, Your Record: Understanding the 7/12 Extract in Raigad