Car Loans

SBI waives off processing fee on car loans fully, 50% on gold, personal loans

"To bring more smiles to customers and their dear ones, bank has waived 100 percent processing fee on car loans till 31 December, 2017," SBI said.

India’s non farm-loan debts could settle all distressed farm loans, shows an analysis

A lot of the non-priority NPAs are large and valued customers of the banks, who also have considerable political clout

PSU banks cut rates on retail loans, but you should be wary

Dena Bank Ltd has a home and car loan combo deal where home loan will be a 10.25 percent while car loan would be 11.75 percent. While the bank's corporate salary account holders would get consumer durables at a discount of 100 basis, at 12 percent.<br /><br />

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.<br /><br />

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.

Cut your festival spend plan, loan rates may be on the rise

The bottomline is with the country's largest lender indicating a possible increase in rates and the RBI adopting a hands off policy, higher borrowing cost for all-individuals and corporates-is going to water down this year's festivities.

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.<br /><br />

Dena Bank waives off home loan processing fee

On personal loans and gold loans, they are now offering a 50 percent waiver on processing fee. The festival season offer is valid up to 31 December.

Don't make this mistake with your car loan

The biggest mistake you make while dealing with your car loan is at the end--when you pay the last equated monthly instalment (EMI). That is because on paper the vehicle still belongs to the lender unless you take a few steps and tie the loose ends.

Why it is important to remember 20:4:10 while buying a car

Thinking of buying a car? Unless you are a rich Arab-sheikh or have access to Dad's Bank un-Ltd, the possibility is that you will need a loan to fund your dream-on-the-wheels and here's what you need to remember