Akshaya Tritiya isn’t just about gold purchases; it’s also a propitious time to consider buying a car, especially with banks rolling out special offers on car loans.
Here are the top 10 banks offering competitive interest rates and processing fees on car loans, making it easier for you to drive home your dream car this festive season:
- Union Bank of India: Offers car loans up to Rs 10 lakh for four years at an interest rate starting from 8.70%. The monthly EMI stands at Rs 24,565.
- State Bank of India (SBI): India’s largest bank provides car loans at an interest rate of 8.75%. With an EMI of Rs 24,587, SBI makes car ownership more accessible.
- Punjab National Bank (PNB), Canara Bank, Indian Bank: These banks offer car loans at a competitive interest rate of 8.75% for a tenure of four years, making it an attractive option for car buyers.
- Bank of India: Offers car loans at an interest rate of 8.85%, with an EMI of Rs 24,632 for a four-year tenure.
- Bank of Baroda: Provides car loans at an interest rate of 8.90%, ensuring affordable EMIs of Rs 24,655 for a loan amount of Rs 10 lakh over four years.
- ICICI Bank: Offers car loans at an interest rate of 9.10%, with an EMI of Rs 24,745 for a four-year tenure.
- Axis Bank: Extends car loans at an interest rate of 9.30%, with an EMI of Rs 24,835 for a loan amount of Rs 10 lakh over four years.
- HDFC Bank: Provides car loans at an interest rate of 9.40% for a tenure of four years, resulting in an EMI of Rs 24,881 for a loan amount of Rs 10 lakh.
These competitive offers ensure that you can make the most of Akshaya Tritiya 2024 by bringing home your desired car without breaking the bank.
Take advantage of these attractive car loan deals and drive into the festivities with ease and comfort.