Flexible EMIs, no guarantor requirement and quick processing are just some of the offers lenders have unveiled this Diwali to attract new car owners.
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- Interest rate starts at 8.80 per cent p.a. and above.
- Special Diwali offer with zero foreclosure charges and quick disbursal.
- Option to explore pre-owned Car Loans with rates starting from 11.25 per cent p.a.
- Loans feature affordable EMIs and flexible tenures.
- Zero processing fees until January 31, 2024.
- Lowest interest rates and EMI.
- Longest repayment tenure of 7 years.
- Financing based on the 'On-Road price,' inclusive of Registration and insurance.
- Interest is calculated on the Daily Reducing Balance.
- No prepayment charges after 1 year.
- Finance up to 90 per cent of the 'On-road Price.'
- No Advance EMI.
- Optional SBI Life Insurance cover is available.
- Funding up to 100 per cent of the on-road price.
- Flexible tenure of up to 8 years for selected models.
- Instant sanction letter for pre-approved customers.
- Existing auto loan customers can get Insta Money in 3 seconds on the iMobile app.
- Insta refinance on your existing loan for a car, free of charge.
- The max refinance option allows you to avail of a loan of up to 140 per cent of your vehicle valuation.
- Waiver on pre-payment (foreclosure) charges after 12 months.
- Funding up to 100 per cent of the ex-showroom price.
- Repayment period of up to 84 months.
- Free Personal accident insurance up to Rs. 10.00 lakhs for individuals.
- Nil Pre-closure charges for individuals.
- Reimbursement within 1 month of the car purchase date.
- No-income document scheme.