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Planning to take auto loan? At 8.45%, SBI offers the lowest rate

However, check with manufacturers' captive lenders for offers during the festive season

Topics
Auto loan | State Bank of India | sbi

Tinesh Bhasin 



Planning to take pre-owned car loan? 7 points that you should keep in mind

In an attempt to enthuse potential car buyers and lift the sagging fortunes of the automobile sector, (SBI) has reduced the rate to 8.45 per cent - the lowest since 2006. From September, the country's largest bank is offering auto at 8.7 per cent. But if the borrower applies on the bank's digital platform such as YONO, another 25-basis point discount is being offered.

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First Published: Tue, September 03 2019. 01:53 IST

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