- Lowest interest rates due to high asset quality
- 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
- 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
- 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
- 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
- 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
