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Features of HDFC Bank Car Loan. Here are the features of HDFC Bank’s car loan you need to know before applying for one: Maximum loan amount. Up to INR 3 crore for purchase of new cars and EVs.
Monthly EMI on a car loan of Rs 10 lakh from HDFC Bank. HDFC Bank offers car loans to its customers at an initial interest rate of 9.40 percent. At the same time, ...
In this case Park + customers can access HDFC Bank’s Xpress Car Loans. Through this money is credited to the account of the dealer in about 30 minutes.
India Business News: HDFC Bank's Marginal Cost of Funds-Based Lending Rates (MCLR) determine the minimum interest rate for loans. As of May 7, 2024, HDFC Bank's MCLR ranges between 8.95% and 9.35%.
HDFC Bank has decided to cut interest rates on auto loans by up to half a percentage point, a day after India's central bank trimmed its policy lending rate by a quarter percentage point.
The auto loan book had stood at Rs 83,935 crore as of March 31, 2020, constituting less than a fifth of the overall retail book. Mumbai: HDFC Bank on Monday said it has launched a probe into its ...
HDFC Bank executive VP (auto loans) Nitish Nagori said, “All top models that have a good resale value, representing 70% of vehicles, are covered under this scheme. ...
HDFC Bank is offering a top-up loan on your existing car loan now! This top-up loan facility can be availed when you require instant money - be it for your business needs or personal needs. You can ...
After the latest hike, the HDFC Bank’s overnight MCLR is 7.95 per cent, while the MCLR for one month is 8.10 per cent. The three-month and six-month MCLRs are at 8.40 per cent and 8.80 per cent ...
In a possible breach of regulatory guidelines, borrowers of HDFC Bank were forced to take GPS devices along with the purchase of a car for about four years till December 2019, sources said ...
The allegations pertain largely to the professional conduct which raises issues about possible conflicts of interest, sources said, stressing the quality of the bank's auto loan book is strong.