Diwali is the most auspicious time to start something new and what can be better than buying a brand new car on this day. This is the time when car manufacturers, banks, and other financial companies offer lucrative discounts and deluge you with complimentary gift vouchers. Just grab this opportunity and buy the lavish car that you have been eyeing in the showrooms for a long time.
To fulfil your desire of buying the dream car, HDFC Bank is providing car loans at a reasonable interest rate this festive season. The bank will finance for up to 100% of the total cost of the car that you want to purchase. The interest rate of the loan is fixed between 9% p.a. and 10.25% p.a. for new car and from 11.50% p.a. to 17.50% p.a. for pre-owned car purchases depending on the segment of the vehicle. The rate of interest has be fixed in order to shield the borrowers from unpredictable market fluctuations. While applying for the loan, the borrower needs to pay only a one-time processing fee which can be anything within Rs.10,000 based on the loan amount. Moreover, there are customised special offers and benefits for the existing customers who are planning to buy a new or pre-owned car on Diwali.
That’s not all. If you apply for the HDFC Bank car loan through BankBazaar web portal, you will get a 30-minute approval, and immediately after the disbursal of the loan, you will receive special Diwali gifts and offers.
Car loan offered by HDFC Bank features a plethora of amazing benefits which makes it a lucrative option for all the interested buyers. These are:
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