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Big announcement from SBI, now you can avail the benefit of this offer till 31st January, check immediately

SBI Car Loan: Now if you are also planning to buy a car, then State Bank has given a special gift to the customers. The bank has brought an offer for its customers in the festive season (SBI Festive Season).

State Bank of India: SBI has been providing many facilities to its customers from time to time. Now if you are also planning to buy a car, then State Bank has given a special gift to the customers. The bank has brought an offer for its customers in the festive season (SBI Festive Season), in which car loan takers will not have to pay any processing fee from now on.

From now on, customers taking car loans can save several thousand rupees. The bank has taken this decision in view of the festive season. Information about this has been given by SBI by tweeting.

SBI has tweeted

SBI has written on its official Twitter that this time you can make your festive season even more wonderful. With SBI you can buy the car of your dreams.

Offer is valid till 31st January

According to State Bank of India (SBI), it will not charge processing fees from car loan customers under the festival offer. According to SBI website, this offer is valid till January 31, 2024.

At what rate is the bank giving loan now?

One year MCLR is issued by SBI on auto loan. At present it is at 8.55 percent. Let us tell you that if a bank gives a car loan to any customer, it will charge a minimum interest rate of 8.55 percent. At present SBI car loan is at 8.80 percent to 9.70 percent. Let us tell you that the interest rates on SBI loans are decided according to the CIBIL score of the customer.

What documents will be required for car loan?

  • Bank account details of last 6 months
  • 2 passport size photographs
  • Residence certificate will be required
  • Form-16 with salary slip
  • ITR returns of last 2 years
  • Passport, PAN Card, Voter ID Card, Driving License
Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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