Car Deals for Ganesh Chaturthi ad the month of August 2017
August is has a few important occasions that are celebrated by the people across the country. With Independence Day and Ganesh Chaturthi which are celebrated by most of the people of India, banks and auto manufactures have been introducing a number of discounts and offers on various models of four-wheelers.
Bank
Interest Rate
Punjab National Bank Car Loan
8.7% if CIBIL Score above 750
8.9% if CIBIL score is 700 to 749
9.15% if CIBIL Score is under 700
SBI Car Loan for loans above Rs.4 lakh
8.75% for salaried individuals
8.75% for self-employed individuals if CIBIL score is above 750
8.95% if CIBIL score is 700 to 749
9.25% if CIBIL Score is under 700
Allahabad Bank
9%
Union Bank Miles Scheme
8.9%
State Bank of India Car Loan for loans below Rs.4 lakh
9.25% for men
9.2% for women
Did you know that online car insurance renewal only takes a few minutes and you can get the best deals out there?
Exchange Offers
Model of the Car
Exchange Bonus
Maruti Ciaz Petrol
Rs.30,000
Pre-Facelift Verna Petrol
Ertiga Diesel
Rs.40,000
Mahindra KUV100
Skoda Rapid
Rs.25,000
Pre-Facelift Verna Diesel
Ciaz Diesel
Rs.50,000
Mahindra TUV300
Ford Figo
Ford Aspire
Volkswagen Polo
Volkswagen Vento
Hyundai Eon
Hyundai Grand i10
Hyundai Xcent
Hyundai Elite I20
Hyundai I20 Active
Maruti Ertiga Petrol & CNG
Maruti S Cross
Rs.25,000
Hyundai Tucson
Rs.70,000
Best GST Deal on Luxury Vehicles
The new GST rates which are levied on luxury cars will be hiked by 10%. An individual can beat this hike in price by opting for a priority delivery of your dream vehicle.
Type of Variant
Name of the Car
Cross-over
Maruti S Cross 1.6
Mid range SUV
Nissan Terrano Petrol
Renault Duster Petrol
Hyundai Creta,
XUV500
Mahindra Scorpio
Tata Safari Storme
Jeep Compass
Sedan
Rapid Petrol
VW Vento Petrol
Skoda Octavia
Hyundai Elantra
Altis Petrol
Superb
Premium SUV
Fortuner
Endeavour
CRV
Isuzu
Tiguan
Hyundai Tucson
Santa Fe
Rexton
Mid Utility
Tata Hexa
Toyota Innova Crysta
Luxury Range
Most cars of:
Audi
Jaguar
BMW
Landrover
Mercedes Benz
Volvo
Porsche
Discounts Offered for the month of August 2017
Mahindra:
Model
Discount Offer
Mahindra TUV300
Rs 20,000 Cash + Rs.20,000 Exchange
Mahindra KUV100
Rs.35,000 Cash + Rs.25,000 Exchange
Mahindra XUV500
Rs 23,000 Cash + Rs.15,000 Exchange
Mahindra Scorpio
Rs 50,000 Cash + Rs.15,000 Exchange
BMW:
Model
Discount Offer
BMW X1
Zero down payment if the value of old car that was exchanged is Rs.10 lakh and above plus Rs.35,555 for a term of 7 years
BMW GT (Gran Turismo)
3 years of BSI Plus Service pack plus 1st year of insurance along with Assured Buy Back Scheme
BMW 3 Series
3 years of BSI Plus Service pack plus 1st year of insurance along with Assured Buy Back Scheme
BMW 5 Series
Starts at Rs.49.9 lakh
Skoda:
Model
Discount Offer
Skoda Octavia
4 years Road Side Assistance along with 4 year Warranty
Skoda Rapid
Rs.25,000 Exchange Bonus plus 7.99% Interest Rate Finance along with Rs.15,000 corporate discount plus 4 years Road Side Assistance along with 4 year Warranty
Skoda Superb
4 years Road Side Assistance along with 4 year Warranty
Audi:
Audi offers affordable car ownership plans in the A4 and A6 Saloon categories
1st year complimentary comprehensive insurance is offered
Ex-showroom price requires zero down payment
Audi Finance interest rate at 5.55%
Rs.1 lakh additional exchange bonus is offered on old cars
3 years of Audi Care Service package plus 3 years extended warranty
Discounts are offered for CA/Doctors/MNC Employees/Lawyers
Additional loyalty bonus of obtaining a 3rd year warranty plus roadside assistance and Exchange bonus of up to Rs.15,000 is offered on select vehicles.
Toyota:
Model
Discount Offer
Toyota Etios
Rs.5,000 in Toyota Genuine Accessories + 1st year of comprehensive insurance
Toyota Etios Liva
Rs.30,000 in Finance Subvention if the finance needed is taken through Toyota Finance or Rs.10,000 worth of Toyota Genuine Accessories
Toyota Innova Crysta Touring Sport
Rs.40,000 worth of Toyota Genuine Accessories
Toyota Innova Crysta
No discount schemes announced
Toyota Fortuner
No discount schemes announced
Toyota Corolla Altis
Rs.20,000 Worth Toyota Genuine Accessories + 2 Years Extended Warranty
Volkswagen:
Model
Discount Offer
Volkswagen Polo Highline
Rs.50,000 discount
Volkswagen Polo Trendline Petrol
EMIs as low as Rs.7,999 and also comes with ABS and dual airbag safety
Volkswagen Vento Trendline, Comfortline Petrol
Rs.70,000 cash discount
Volkswagen Ameo Comfortline, Highline
Rs.50,000 discount
Volkswagen Tiguan
No discount schemes announced
Volkswagen Vento Comfortline, Highline Diesel
Rs.90,000 cash discount
Additional benefits of Rs.20,000 exchange bonus along with Rs.20,000 loyalty bonus is offered on select Volkswagen models.
Nissan:
Model
Discount Offer
Datsun Redi Go 800cc
1st year of insurance + 7.99% of interest rate is offered for 4 years
Datsun Go, Go+
1st year of insurance
Datsun Redi Go 1 Litre
No Offers
Nissan Sunny
Corporate Discount
Nissan Micra
1st year of insurance + exchange bonus
Nissan Terrano
1st year of comprehensive insurance
Additional benefits are offered to government employees, doctors, agriculture income with close to Rs.10,000 as additional benefits.
Hyundai:
Model
Discount Offer
Hyundai Grand i10
Rs.20,000 Exchange + Rs.40,000 Cash.
Hyundai Eon
Rs.20,000 Exchange + Rs.25,000 Cash.
Hyundai Xcent (Pre Facelift)
Rs.15,000 Cash + Rs.20,000 Exchange. An additional Rs.5,000 is offered as a discount on Xcent Diesel.
Hyundai I20 Elite, Active
Rs.20,000 exchange bonus.
Hyundai Xcent (New Facelift Edition)
Rs.20,000 exchange bonus.
Hyundai Verna Facelift
Pre-booking has started. The car will come with a sunroof and a 6-speed transmission apart from other add-ons.
Hyundai Verna 4S
Rs.30,000 Cash + Rs.40,000 Exchange Bonus (Petrol). An additional Rs.10,000 Exchange Bonus is offered on Verna Diesel.
Hyundai Tucson
Rs.70,000 exchange bonus is offerd.
Hyundai Creta
No Offers are available.
Hyundai Santa Fe
Rs 50,000 in Cash + Rs.2 Lakh Exchange Bonus is offered.
Additional benefits offered to government employees (retired or working) includes discounts of Rs.5,000 on the Hyundai Grand, Eon, i10, i20, and Xcent. Rs.10,000 is offered as a discount on the Hyundai Verna.
Renault:
Model
Discount Offer
Renault Kwid
Low EMI Scheme starts from Rs.2,799 or a low down payment of Rs.12,799 is offered
Renault Scala
Rs.90,000 discount is offered
Renault Pulse
Rs.40,000 discount is offered
Renault Duster
7.99% interest rate along with 1st year insurance
Renault Lodgy
Rs.30,000 cash discount (RXE) or 1st year insurance (RXL/Stepway) is offered
Honda:
Model
Discount Offer
Honda Jazz
1st year of comprehensive insurance + Rs.15,000 cash discount
Honda Brio
1st year of comprehensive insurance
Honda WRV
No official discounts
Honda Amaze
1st year of comprehensive insurance + Rs.26,000 worth of genuine Honda accessories
Honda BRV
Rs.1 lakh cash discount
Honda City
No official discounts
Maruti Suzuki:
Model
Discount Offer
Maruti Wagon R
Rs.25,000 (MT)/Rs.35,000 (CNG)/Rs.35,000 (AMT) + Rs.19,000 as exchange bonus
Maruti Alto
Rs.25,000 cash + Rs.15,500 as exchange bonus
Maruti Celerio
Rs.24,000 (CNG)/Rs.24,000 (MT)/Rs.34,000 (AMT) + Rs.19,000 as exchange bonus
Maruti Swift Diesel
Rs.25,000 _Rs.15,500 as exchange bonus
Maruti Swift Petrol
Rs.20,000 (Lxi)/Rs.10,000 (Vxi, Zxi) +Rs.15,500 as exchange bonus
Maruti Ignis, Dzire, Baleno, Brezza
No offers are available
Maruti Ciaz Petrol
Rs.30,000 as exchange bonus
Maruti Ertiga Diesel
Rs.20,000 cash + Rs.40,000 as exchange bonus
Maruti Ertiga Petrol & CNG
Rs.5,000 cash + Rs.20,000 as exchange bonus
Maruti S Cross
Rs.20,000 cash + Rs.20,000 as exchange bonus
Maruti Ciaz Diesel
Rs.30,000 cash + Rs.50,000 as exchange bonus
Additional corporate discounts are also available as per the table given below:
Discount Category
Discount Offer
Central PSU - Navratna & Mahanavratna PSU Companies
Rs.5,100
Central & State Government Teachers, Staff under Ministry of HRD
Rs.5,100
MNC Corporate in CAT A Company
Rs.2,100
Government Employees, Premium IT Companies, Bank Employees
Rs.3,100
Employees in Small Private Companies
Rs.1,000
CAT B Medium Size Company Employees
Rs.1,500
GST of 18% is applicable on all banking products and services from the 1st of July, 2017.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar’s partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
It was a good experience i had with this loan and the loan amount which they had provided has been sufficient. The interest rate with them is quite nominal when compared with the market rate. There has not been any sort of additional charges which they had made so far.
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1
UMAPATHI ARAKERARA BASAVARAJAIAH
, bangalore
Reviewed on Jan 13, 2019
I took my car loan in State Bank of India by last year. The charges are normal. I have spend down payment nearly 1L out of 7L. The branch is near to my residence so will never contact the customer service. The process was immediate and it was completed within 2 days.
Was this review helpful?
1
NARENDARKUMAR MOMULA
, hyderabad
Reviewed on Jan 12, 2019
HDFC gave me the door step service for the car loan. I took the loan before three years. It was the fantastic experience for me because I got the better interest, I took the loan for 5 years but I done the foreclose in three years , there was no charges for it.
The process in getting my Car loan from them has been quite good and the process went smooth. The loan amount was sufficient but the interest rate with them has been quite high when compared with the market rate. Their customer support and their response has been good and has been helpful as well.
Was this review helpful?
1
GOPALAKRISHNAN RAVI KUMAR
, bangalore
Reviewed on Jan 10, 2019
My car loan experience with HDFC has been good and the loan amount which they had provided has been sufficient. The interest rate with them has been nominal and there has been some charges like processing fee. Overall their has been a help from their customer support as well.
Was this review helpful?
1
ABHILASH GAJANAN TELANG
, pune
Reviewed on Jan 09, 2019
I have approached the bank directly for my car loan. Since I'm existing customer of HDFC for 13 years, i have chosen them. I purchased the loan amount of Rs. 2 lakhs. They have offered me a interest rate of 16% In October 2018, i have closed this loan. Total tenure period of the loan was 3 years. Car Dealer has recommended me about this loan.
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4
GOVARDHAN CHINTADA
, srikakulam
Reviewed on Jan 09, 2019
I have been using my car loan with Magma Fincorp previously, they have given me sufficient loan amount ,the rate of interest they have charged me was high,and the processing fee they have charged me was high , i was not happy with there service.
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3
TARUN CHHOWKAR
, ghaziabad
Reviewed on Jan 08, 2019
I have been using my car loan with HDFC bank, there service is too good, the loan amount they have given me was sufficient,the rate of interest they have given me up to 9% which is nominal for me,and the processing fee they have charged me was nominal only they have charged me up to 1% only,and still my loan is running ,there was no hidden charges they have charged apart from that,overall service is good.
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1
PANKAJ CHAUDHARY
, ghaziabad
Reviewed on Jan 08, 2019
I had a car loan with HDFC 1 year back. They have given me a nice offer hence i opted the loan with HDFC. I'm not sure about the partial payment and pre-closure facility. They have given me a nice interest rate according to what i want. I was taken a loan amount of Rs. 3 lakhs.
I have taken a car loan in Nissan Institution, it was good. I bought the car from same showroom and they have provided me a facility. The rate of interest was high. The documentation procedure was simple. I have taken the loan almost 2 years back and its still running. The loan tenure is 5 years.
My car loan experience was good with HDFC bank, loan amount was sufficient and the rate of interest was high when compared to other banks. Customer service was good and they responded on time. The tenure period for this car loan is for 5 years.
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0
HARKARAN SINGH SAHNI
, new delhi
Reviewed on Jan 08, 2019
I have been holding my car loan with ICICI bank, the rate of interest they have charged me was nominal and they have charged me processing fee they have charged me which was nominal, the loan amount they have given me was sufficient according to the car price i got my loan, still this loan is running,overall service is good.
I have been holding my car loan with Indian overseas bank, the loan amount they have given me was sufficient, they have charged nominal rate of interest they have charged me up to 9 % which was nominal and there is zero processing fee , so far there service is have experience was good, they have not taken any hidden charges ,there overall service is good.
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1
BISHNU PADA HOTA
, mumbai
Reviewed on Jan 08, 2019
My car loan running with HDFC bank, the customer service is super and the fast approval on the disbursement. They taken 15 days to deliver the car. The principal amount is Rs. 4 lakhs for the tenure of 5 years, the car model is baleno which is latest.
The process in getting this loan was quite good and there hasn't been any hassle faced. The loan amount which they had provided has been sufficient and the interest rate with them has been nominal as well. There has not been any sort of additional charges which was made by them.
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0
MILIND VISHNU VAIDYA
, pune
Reviewed on Jan 07, 2019
Purchased my car loan 4 years back. I have chosen the Axis bank because the rate of interest was less when i compared with others. I have taken a loan amount of Rs. 3.50 lakhs and the tenure period for the loan is 5 years. I have been paying the EMI of Rs. 8000. I have got the loan as per they have promised time.
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2
NARASIMAIAH DEVARAJU
, bangalore
Reviewed on Jan 07, 2019
It has been a good experience i had with this loan. The loan amount which they had provided has been sufficient and the interest rate with them has also been nominal, there has not been any sort of additional charges which they had made for this loan.
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0
SURYANARAYANA A
, bangalore
Reviewed on Jan 07, 2019
I have taken my car loan in 2015 with HDFC. I have purchased the loan amount of Rs. 5 lakhs approximately. I have done a pre-closure. I have completed the loan in 2.5 years There is no pre-closure charges. They have given me a interest rate of 8% and the EMI amount has been deducted from my account automatically.
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1
JIGNESH RAMBHAI PATEL
, mumbai
Reviewed on Jan 07, 2019
My car loan was purchased from HDFC Bank in 3 months before. I have purchased a loan amount of Rs. 5.21 lakhs and i have received the loan within a month. They have given me a offer for taking the car loan and there is a lesser documentation for this loan since i have taken loan already with them. I am making the EMI of Rs. 12500
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0
JIGNESH RAMBHAI PATEL
, mumbai
Reviewed on Jan 07, 2019
I have been holding my car loan with HDFC bank for long time , the loan amount they have charged me was sufficient, the rate of interest they have charged me was nominal, and the processing fee they have not charged me it was zero processing fee,overall service was good.
Was this review helpful?
2
ARNAB DAS CHOUDHURY
, bangalore
Reviewed on Jan 06, 2019
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
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