Illuminate your Diwali with the Best Festive Loan Offer | 2022


05 Nov 2020 | 5 min read

Are you thinking of celebrating and relishing this Diwali with more illumination than before? Well, moneylenders in India have some exciting, great and special Diwali loan offers 2021 to turn your dream into reality!

Diwali Loan Offers in India - 2021

During Diwali, we illuminate lamps and adorn our homes with lights to conquer the dark and the evil from our lives. It is also the time when numerous people revamp their homes, purchase new vehicles, acquire gold and silver or even buy new gadgets and durable consumer goods. All leading to a long shopping list and broadening expenditures.

An urgent loan is a blessing and provides you with funds for managing such excessive expenditures. From revamping your home to investing in gold, loans can help you with the excessive cash outflow.

With numerous exciting festive loan offers on this Diwali, you will surely be able to turn your Diwali brighter than your expectation.

However, we have drawn the comparison of special Diwali loan offers between India’s two leading commercial banks – SBI and HDFC Bank. Starting with the special Diwali festive loan offer by India’s largest commercial bank - the State Bank of India.

State Bank of India Festive Loan Offer

The largest commercial bank in India apart from being the largest public sector bank in India - SBI has come up with the festive loan offer 2021. Under the offer, the lender is extending a credit facility of up to Rs. 75 lakhs at the lowest interest rates on housing loans starting from 6.70% p.a.

Besides, there are no prepayment charges on the loan and if you avail of the loan offer prior to December 31, 2021, you may also enjoy the benefit of zero processing fees. Moreover, you can choose a time period of up to 30 years to pay off the loan.

HDFC Bank Festive Treats

Another moneylender that is offering the appealing Diwali loan offers under its exclusive loan offers is the HDFC Bank. The Bank has come up this year again with its special and exclusive festive loan offer named HDFC Bank Festive Treats 2021.

Under festive treats, almost all sorts of loans are being covered that the institution offers. From personal loanscar loans to loans on credit cards and loans against securities, each and every kind of loan have an exciting and appealing deal.

Here are some of the major benefits in accordance with the particular loan type that you can enjoy on availing a loan:

Personal Loan

One of the important benefits under HDFC Bank Festive Treats that you can get is that you get the option to pay less on personal loans so that you can make everything feasible this Diwali.

You can get funds up to Rs. 40 lakhs without pledging any collateral. Besides, if you fulfill certain requirements of selected customers, you may also get the disbursal of the loan within a matter of 10 seconds. Moreover, the offer is valid till November 15, 2021.

Car Loan

If you are planning to buy your dream car this Diwali then you can avail of thrilling offers on HDFC Bank Car Loans with benefits of zero foreclosure charges, up to 100% funding, top-up loans at 10.75% p.a. onwards, and special offers for government employees.

Moreover, the offer will remain valid till November 30, 2021.

Loans on Credit Cards

Another benefit of HDFC Bank Festive Treats is that you can utilize your credit cards freely and obtain the things you and your family wish. You can get instant disbursal without confronting any documentation and the funds are provided access for you throughout 24*7 span.

Moreover, the offer will remain valid till November 15, 2021.

Two-Wheeler Loan

This is one of the festive loans offers that you cannot miss. This Diwali, you can acquire your dream bike with up to 4% lower interest rate and up to 50% off on the processing fee if you are an existing HDFC Bank user.

Whereas, you can avail of the benefit of 50% lower EMI for 3 months and a loan at KYC if you are a non-HDFC Bank user.

Moreover, the offer will remain valid till November 30, 2021.

Gold Loan

If you avail of a gold loan from HDFC Bank on this Diwali, you can get low rates of interest of 9% p.a. on loans above Rs. 5 lakhs alongside just 0.2% processing charges.

Moreover, you can avail of quick disbursal within a matter of 45 minutes. Besides, you will need to provide nominal documentation.

There are over 10,000 offers available under the HDFC Bank Festive Treats 2021 spread across loans, cards, and easy EMI. Thereby, you can visit a certain page of the festive loan offer to read and perceive the offer details as per your needs and circumstances.


Now, when you know about the Diwali loan offers of India’s two leading financial institutions, you can determine an ideal choice as per your requirements and creditworthiness.

Where State Bank of India is extending loans without charging any processing fee during the festive season, HDFC has come up with an extensive range of offers on its loan products with a separate festive scheme called Festive Treats 2021.

Thus, go through both of them and choose accordingly to illuminate your Diwali more than your expectation.

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