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Auto companies like Maruti Suzuki, Honda Siel await banks to cut interest on car loans
Car makers are hoping that bank will reduce interest rates on car loans following the RBIs cut on lending rates as the industry looks forward to overcome slow growth witnessed .....
Car loans rise 18 per cent to Rs 33,000 crore in 2009-10
Leading banks lent 18 per cent more to car buyers in 2009-10 at Rs 33000 crore compared with Rs 28000 crore in the previous year. HDFC Bank one of the leading lenders for .....
Canara Bank Cuts Car Loan Rates
Canara Bank has decreased the interest rate on car loans sanctioned on or after 1st August 2009. It has been declared that the revised rate is 8.50 per cent for car loans during .....
SBI Offers Car Loans on Reduced Rates
State Bank of India will be launching a new car loan scheme ‘SBI Ezee’ for financing new cars on July 1. As per this scheme SBI will charge interest rates as low as 8 .....
Hyundai Motor Ties up with Punjab National Bank for Car Loan
Hyundai Motor signs a partnership with Punjab National Bank PNB in order to provide easy car finance to its customers. The partnership is aimed at accelerating car loan .....
SBB & SBJ roll back car loan rates
Some banks have rolled back interest rates to facilitate buyers to go for new cars. The auto industry has witnessed a decline in new car sales in the last year and the trend .....
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