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Festive season sees cheaper car loans, zero processing fee offers

Public sector banks are wooing car buyers this festive season with loans starting below 8 per cent and limited-period processing fee waivers, aiming to boost vehicle sales ahead of Diwali

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BS Web Team New Delhi

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Public sector banks are keeping car loan rates competitive this festive season, with Union Bank, PNB and Canara Bank offering loans starting at around 7.7-7.9 per cent. Many lenders have also waived or capped processing fees, pushing buyers to take advantage of festive discounts and easy financing. Click here for more.