#1
June 24th, 2016, 08:02 AM
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Car Loan Interest Rate in State Bank of Hyderabad
Hello sir I want to take car loan from State Bank of Hyderabad and here want to know about its interest rate so can you please give me its details ?
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#2
June 24th, 2016, 08:03 AM
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Re: Car Loan Interest Rate in State Bank of Hyderabad
Hey as per your demand here I am providing you details of Car Loan Interest Rate in State Bank of Hyderabad Interest rate 10.30% per annum for new cars. The interest rates are floating and are calculated on a daily reducing basis. Irrespective of the loan amount and tenure, the interest is around 10 basis points above the base rate of 10.20%. Processing Fees 0.25% of the Loan Amount subject to a minimum of Rs. 500/- & a maximum of Rs. 5000/ Loan Tenure 1 year to 7 years Guarantor Requirement No Guarantor Required Documents required Statement of bank account for the last six months Duly filled application form Proof of identity and proof of residence Original copy of the vehicle quotation and the vehicle booking receipt Salaried employees must submit a copy of latest salary slip, Form16 or IT returns for the last 2 years and proof of identity as issued by the employer. |
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