The public sector bank recently made a key announcement on car loans. It said it was offering car loans at an interest rate of 7.50%.
Owning a home or car is everyone's dream. But not many have enough money in hand. Many people are afraid that they will never be able to fulfill that desire. But experts say that becoming a car owner is not a big problem if you take advantage of the loans provided by banks and plan properly. However, many people fear that bank loans are a tedious process and the interest rates being huge certainly don’t help. State Bank of India is offering car loans with very low-interest rates.
1. SBI offer
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Leading public sector bank SBI is at the forefront. SBI recently took to Twitter to inform the public about its loan offers on different products. In multiple tweets, the State Bank of India revealed new interest rate on car loans, gold loans, personal loans and business loans.
2. Low interest rate
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The public sector bank recently made a key announcement on car loans. It said it was offering car loans at an interest rate of 7.50. Now, isn’t that great?
(Image source: Twitter/State Bank of India)
3. Zero processing fee
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SBI is also offering 0.25 percent concession on interest rates, zero processing fee and 100 percent finance on availing car loan through the Yono App.
(Image source: Reuters)
4. Give a missed call and know more details
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SBI claims to pack more offers and those willing to checkout SBI car loan offers can give a missed call on 7208933141 to get a call back from SBI representatives.
5. Know details via message too
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Don’t want to call? worry not. If you want to check out SBI car loan offers, you can also text 'SMS CAR' at 7208933145 to know more.
6. Bring home Tata Safari with an interesting SBI offer
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Meanwhile, SBI has good news for those who want to buy a Tata Safari car. When you book a Tata Safari through your SBI YONO app, you get a chance to avail amazing benefits on your car loan. The bank is offering 100 percent financing for your car, a 0.25 concession on interest rates and you also need not pay any processing fee to buy your dream car.
(Image source: Twitter/State Bank of India)
7. SBI YONO app
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To avail these exciting offers provided by the bank you need to download the SBI YONO or YONO Lite app on your phone. You can either log into your account using the 6-digit MPIN you have set up during the registration process or you can enter your ‘username’ and password in the relevant fields under the 'User ID' tab and click on the ‘Login’ button.
(Image source: Twitter/State Bank of India)
