Both fixed and variable interest rate loans available
Stiff competition has lowered processing fees and repayment fees
Bank of baroda 8.75 - 10.50Citi Bank 8.75 - 10.ooHDFC 9.00 - 10.00HSBC 8.25 - 9.25ICICI bank 8.75 - 9.75IDBI bank 8.50 - 9.50LIC Housing finance 8.75 - 11.50Standard chartered 9.00 - 10.00State Bank of india 9.00 - 9.75
Auto Loans
Dealer discounts help reduce loan amount
DSAs pass on commissions to borrower
Free car accessories and services too on offer
ABN AMRO 14.00 - 17.00Bank of baroda 12.50HDFC bank 13.00 - 15.00HSBC 14.00 - 17.00ICICI bank 13.00 - 15.00Kotak mahindra primus 13.50 - 16.00Standard Chartered 13.50 - 17.00State Bank Of India 12.50
Personal Loans
Loans available without collateral
Extremely high interest rates
Private and foreign banks very aggressive
American Express 17.00 - 19.00Bank of Baroda 13.50HDFC Bank 16.00 - 18.00HSBC 17.00 - 20.00ICICI Bank 16.00 - 18.00Punjab National Bank 14.00State Bank of India 13.00Stanard Chartered 13.50
Education Loans
Loans for studying in India and abroad
Foreign banks do not offer education loans
No collateral for loans up to Rs 4 lakh
Bank of Baroda 12.50Canara Bank 12.50Dena Bank 12.50State Bank of India 12.00 - 13.00Syndicate 13.00
Consumer Loans
Zero percent interest scheme very popular
Consumer durable vendors too have financing schemes
Loans even for income as little as Rs 2,500 a month
Bank of Baroda 13.00Consumer Durable Vendors 14.00 - 18.00Countrywide 14.00 - 16.00State Bank of India 13.00Syndicate Bank 13.50