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There is a plan to buy a car in the festive season, these banks are giving cheap car loans, processing fees are also discounted

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Cheap Car Loans: In the festive season, different types of shopping offers are in front of the customers, due to which they like to shop during this time. During this time many banks have come up with special offers on car loans. If you are planning to buy a car, then you must definitely take a look at these offers. Know about them.

bank of india

  • 50% reduction in interest rate on vehicle loans. The interest rate has come down from 7.35 to 6.85%.
  • This special rate will be applicable from October 18, 2021 to December 31, 2021.
  • The bank will not charge the processing fee during this period.

Bank Of Baroda

  • Car loan interest rate starts from 7%.
  • Loan can be availed up to 90% of the on road price of the car.

Punjab National Bank

  • Car loan interest rate starting from 7.15%.
  • Complete waiver of processing fees on car loans.

State Bank Of India

  • Car loan is available at an initial interest rate of 25%.
  • Loan can be availed up to 90% of the on road price of the car.
  • SBI has also decided not to charge processing fees.

HDFC Bank

  • Car loan interest rate starting from 7.50%.
  • Offers on car loans can be availed till November 30, 2021.

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