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After HDFC Bank, SBI increases lending rate by 20 basis points

Nov 06, 2013

After HDFC Bank, SBI increases lending rate by 20 basis points

The EMIs for home, car and even personal loans are likely to go up as both private sector lender HDFC Bank and public lender State Bank of India have increased their minimum lending rate by 20 basis points to 10 percent. #WhyNow #State Bank of India #HDFC Bank #car loans #Home Loans #loans
No cut in home loans but SBI slashes rates on car, consumer loans

Oct 09, 2013

No cut in home loans but SBI slashes rates on car, consumer loans

State Bank of India (SBI) on Wednesday reduced interest rates on loans for car and consumer durables and also decided to lower processing charges to cash in on the festival season demand. #State Bank of India #SBI #car loans #Arundhati Bhattacharya #Consumer Loans
Even if you earn more than Rs 6 lakh, banks can deny you a car loan

Sep 13, 2013

Even if you earn more than Rs 6 lakh, banks can deny you a car loan

Do not just assume that you will get a loan just because you have met the income criterion. #Banks #SBI #Personal finance #car loan
Earning less than Rs 6 lakh? Forget about that car loan from SBI

Sep 12, 2013

Earning less than Rs 6 lakh? Forget about that car loan from SBI

The eligibility limit for loan issuance for salaried individual for car purchase has been raised from Rs 2.5 lakh per annum to Rs 6 lakh per annum, as per the recent circular of the bank. For the SBI account holder, the limit has been raised to Rs 4.5 lakh per annum. #WhyNow #Nano #SBI #car sales #car loans #PersonalFinance

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No car loan from SBI if annual income is less than Rs 6 lakh

Jun 23, 2014

Buy a car... and inherit a debt: Thousands of motorists having vehicles seized because of loan arrears racked up by previous owner

People are being stripped of vehicles they had legitimately bought after being told that previous owners had borrowed massively against the value of the vehicle – but failed to pay it back...
No car loan from SBI if annual income is less than Rs 6 lakh

Jun 24, 2014

$25M Raised to Help People Rent Each Others' Cars

RelayRides sounds a little bit like Uber and a little bit more like Airbnb (it’s a startup with people loaning each other cars)...
No car loan from SBI if annual income is less than Rs 6 lakh

Jul 11, 2014

Home Economics: Answering your property questions

My girlfriend and I are both prospective first time buyers. Is there any way of knowing how the banks assess how much we can borrow and also, what documents will they need from us? She is a nurse and I work as a self-employed mechanic. Sinead Replies...