3 Great Festive Loan Offers to Make your Dussehra Memorable


26 Oct 2020 | 5 min read

Are you looking for exclusive Dussehra offers on loans to make it momentous for a lifetime? Great! This blog post comprises a thorough answer in the same context.

We all know that Dussehra is an auspicious time to yield the appropriate results from any mantra – even the money mantra. It’s time to celebrate the victory of good over evil; It’s time to enjoy with friends and family. It’s also the time when you are flooded with the festival offers.

If you wish to buy your dream car or if you are falling short of money to make other purchases, then yes, exclusive Dussehra offers on loans are waiting for you in this festive season.

You can find an ample number of lenders in the market bringing loan offers in this festive season. To help you a little we have here provided you with some information on exclusive Dussehra offers on loans available for you.

HDFC Bank Festive Treats

This offer was launched last year in 2019 for the first time by HDFC bank and got a virtuous response from customers. The offer starts in the month of October and ends in mid-November. Consequently, in 2020 the bank has come up with a lot more under similar offer categories with an extensive range of loan offers.

The bank is providing the special festive offer on almost all kind of loans, here is the glimpse of same:

Car Loan

The month of October and November is full of festivals and full of aspirations for both customers and banks. Consequently, for those who are seeking to bring a car to their house in this festive season, HDFC bank is giving special offers to them on Car loans under HDFC Bank Festive Treats. Here is what you will enjoy with the offer:

  • Zero foreclosure charges
  • Loans in 10 seconds (for pre-approved customers)
  • Rate of Interest starting from 7.90% for salaried customers
  • EMI starting from Rs. 1,111/lakh (Earlier - Rs. 1,555/lakh)

Personal Loan

A personal loan is the most common type of loan in demand in India, thereby, how it could have been eliminated from the offer. Keeping this in view, HDFC Bank extends exclusive concessions on personal loan under HDFC Bank festive treats, here is a brief of what you can relish under the offer:

  • 50% off on processing fee
  • EMI starting at Rs. 2,149/lakh
  • Loan within 10 seconds for pre-approved HDFC customers.

Home Loan

So many customers are willing to buy a new home and keeping that in view, HDFC bank provides special offers on home loans under festive treats. The benefits you can enjoy under the offer are:

  • Up to 50% off on processing fee (for salaried individuals of certain corporates and certain government posts)
  • Flat processing fee of Rs. 2,500 + applicable taxes (for selected govt. employees)

Two-Wheeler Loan

If you wish to introduce a two-wheeler this Dussehra, two-wheeler loan offer under HDFC Bank festive treats can stand out as your best companion. Exclusive benefits that you can relish under the offer are:

  • Up to 25% lesser EMI for the first 6 months
  • Down payment starting from Rs. 1,999
  • Zero processing fee

In addition, the loan offer is extended exclusively on Suzuki two-wheelers. You can exchange your two-wheeler and avail a discount of up to Rs. 5,000 on a new bike.

Besides this, the offer also renders a trailblazer-Benelli riding jacket worth Rs. 4,500 on buying Benelli Imperial 400 bike model and benefits up to Rs. 2,000 on Hero bikes.

Loan Against Securities

The benefits that you can relish on loan against securities offers under HDFC bank festive treats are as below:

  • Rate of Interest at 9.90% only
  • Rapid disbursal
  • Interest-only on the amount taken in use

Gold Loan

Under HDFC Bank festive treats offer, this Dussehra you can fulfill your needs with the gold loan within gold context. The exclusive benefits that you will relish on availing this loan under HDFC Bank festive treats are as follows:

  • Rate of Interest @ 9.90% for loans up to Rs. 5 lakhs
  • No foreclosure charges after 6 months
  • 50% on processing fee
  • Loans up to 90% of the gold value

Business Growth Loan

If you wish to power up your business this Dussehra season, HDFC Bank festive treats offer also extends special business growth loan with exclusive offers. Here is what benefits the offer contains:

  • 50% off on the processing fee
  • Loans within 10 seconds for certain consumers.
  • Loan amount up to Rs. 75 lakhs.
  • Interest rate starting from 10.85% (for doctors only)

Loans Against Property

Those who want to avail of a loan against their property, under the festive treats offer by HDFC Bank, they can avail it with some exclusive benefits, such as:

  • Fixed processing fee of Rs. 9,999 on loan amount up to Rs. 1 Crore
  • 0.25% processing fee on a loan amount ranging from Rs. 1 Crore to Rs. 2 Crores
  • Special processing fee offer for balance transfer, pre-approved and pre-qualified customers

Loans on Credit Card

Since many of you would have a long shopping list this Dussehra season, a credit card can facilitate you amazingly throughout it. Here is what you will get under HDFC Bank festive treats credit card loan offer:

  • Processing fee starting at Rs. 799
  • Zero documentation
  • 24*7 availability of money

Working Capital Loan

If it is getting tough for you to manage the everyday operations in the context of the fund, then here is the solution for that too. HDFC Bank is offering special working capital loans under festive treats, in this Dussehra season. Some exclusive benefits that you can enjoy under the working capital loan are:

  • Fixed processing fee of Rs. 10,000 up to loan amount Rs. 1 Crore
  • Fixed processing fee of Rs. 25,000 on loan amount ranging from Rs. 1 Crore to Rs. 2 Crores

Tractor Loan

Farmers and other people who seek to introduce tractor on this auspicious occasion of Dussehra can avail of special tractor loan under HDFC Bank festive treats. Some exclusive benefits that you can get under this loan offer are:

  • 50% off on foreclosure charges
  • up to 90% finance on Tractor and up to 70% finance on tractor implements

Kisan Gold Loan (Agri Loan)

Keeping the matter of happiness of a farmer on priority, HDFC Bank under festive treats is offering special Kisan Gold Loan (Agri Loan). The benefits you can get on availing this offer are:

  • 50% concession on processing fee

These are all the loan offers under HDFC Bank festive treats that you can avail in this Dussehra season to make this occasion filled with more of joy and happiness. All the loan offers can be applied online and offline except Kisan Gold Loan (Only Offline). Remember that the offer is only valid from October 1 to November 15.

ICICI Bank Festive Bonanza

Another bank that has come up with exclusive Dussehra offers on loans is ICICI bank. The bank is providing attractive benefits to both retail and business customers on various kinds of loans including personal loans, home loans, etc. Let's know a brief of all the exclusive offers on loans that you can avail this Dussehra season from ICICI bank.

Home Loan

The bank is offering extra benefits on availing home loan in this Dussehra season, here is what you will get under the offer:

  • Interest rate starting from 6.90%
  • Processing fee starting from Rs. 3,000

Auto Loan

If you wish to bring a car in this auspicious festive season, you can benefit amazingly from ICICI Bank auto loan. Here are the benefits under the loan offer:

  • Tailor-made EMIs
  • EMI starting from Rs. 1,554/lakh for 84 months loan tenure
  • Flat Rs. 1,999 processing fees (for women only)

Two-Wheeler Loan

Do you wish to bring a brand-new brightening bike this season but lacking in the fund at the moment? Relax, since ICICI bank has brought exclusive and special loan offer for those who want to fulfil their dream of a new bike this festive season. Some exclusive benefits that you can get in the offer are:

  • Processing fees @ Rs. 1,999
  • EMI starting from Rs. 36 for 3 years of loan tenure

Personal Loan

A personal loan is the most common form of loans in India, thus, how this could have been put aside by the lender. Under festive bonanza of ICICI bank, you can relish special benefits on instant personal loans, such as:

  • Interest rate starting at 10.50%
  • Flat Rs. 3,999 processing fees

State Bank of India Festive Offer

India's largest bank is also on the list for offering great loan deals to customers this Dussehra season. The bank is extending a wide array of festive offers on personal loans, home loans, auto loans, etc. Here are some of the exclusive and great discounts that you can avail on loans from India's largest bank - State Bank of India.

Discount on Loan Processing Fees

State Bank of India declared recently that every customer will get full processing fee concession on gold loan, personal loan, home loan (in approved projects) or car loan on applying through bank's official digital app; SBI YONO. Thus, it can be a great deal for customers since they can avail of loans at their convenience.

Home Loan

The bank is providing interest concession up to 0.10% (additional 0.5% on applying through YONO) on approved projects. The concession will be provided on the home loan amount ranging from Rs. 30 lakhs to Rs. 1 Crore.

Gold Loan

If you need urgent money and seeking an SBI gold loan, you can just be happier than happy since you will relish the interest rate of 7.50% p.a. The only condition is you will need to apply via YONO app and that's of course not a big deal. The repayment tenure is flexible up to 3 years and can be opted for as per your convenience.

To know more about SBI festive offer on loans, you can also visit the official portal of State Bank of India.

The Bottom Line

These are the top and exclusive Dussehra loan offers 2020 by the top financial institutions of India. If you are lacking in funds but want to meet your needs on an urgent basis then you can apply for instant personal loans through the Afinoz app.

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