Loan Offers for Navratri by Top Banks
Navratri is an important festival in our country, celebrated by people from all parts of the country for nine days worshipping Durga. It is also the time for buying vehicles, properties, gold, and new gadgets and starting a new business.
Given the surge in the purchase of the assets, banks and lending institutions extend festive loan offers, charge lower interest rates on personal loans, home loans, business loans, auto loans, etc. to help people buy cars, properties, consumer durables, gold, etc. For example, HDFC Bank has launched ‘Festive Treats’ offers for auto, personal, and business loan borrowers.
Loan offers for Navratri bank top banks
Multiple banks have come up with a slew of special festive offers for their retail customers on all banking products ranging from consumer loans, including home loans, personal loans, education loans, balance transfer, two-wheeler loans, etc. to bank accounts. Here are some of the attractive loan offers for Navratri extended by top banks to their customers to spread festive joy amid the Coronavirus pandemic:
HDFC Bank festive treats
HDFC Bank’s ‘festive treats 2020’ starts in October and ends in mid-November. So, during the Navratri season, HDFC Bank customers can enjoy over 1,000 offers from leading players online and in-store on Cards, EasyEMI, loans, and much more. Both retail as well as business customers can get offers. HDFC Bank has tied up with several retail brands to offer discounts, cashback, and extra rewards points on a wide range of products.
HDFC loan offers for Navratri
Here some of the benefits on HDFC Bank loans you will get during Navratri 2020:
Personal loan: HDFC Bank is offering a 50% off on processing fee on personal loans and borrowers can pay reduced EMI as low as Rs. 2149 per lakh. The offers are valid till 15th November 2020.
Car loan: If you have been planning to buy a car, then this is the right time. This Navratri, you can purchase your dream car by getting HDFC Bank car loans with EMI starting from Rs. 1,111 per lakh and zero foreclosure charges.
Two-wheeler loan: With HDFC Bank two-wheeler loan, now you can buy your dream bike with a down payment as low as Rs. 1999 and 25% lower EMI. The offers are valid till 15th November 2020.
Business growth loan: Get 50% off on processing fee for HDFC Bank business growth loan, valid till 15th November 2020.
Card: This festive season you can use HDFC Bank debit cards and credit cards freely to buy everything you desire at over 1000 brands. The offers are valid till 15th November 2020.
Easy EMI: Now you don’t need to worry about EMIs. With HDFC Bank EasyEMI, you can get up to 22.5% CashBack for purchases of electronics, durables and lifestyle products – offers valid till 15th November 2020.
Now you can associate with HDFC Bank to enjoy HDFC Bank festive loan offers and make the (Navratri) a memorable experience.
ICICI Bank loan offers for Navratri
ICICI Bank has introduced festive bonanza offers with additional discounts on loan products. Both retail customers and business customers can enjoy discounts on processing fees on loans, reduced EMIs and many more benefits.
Here some of the festive loans offer by ICICI Bank during Navratri 2020:
Instant personal loan: ICICI Bank personal loan borrowers can get the low-interest rate starting from 10.50% per annum and a flat processing fee of Rs. 3,999.
Home loan and balance transfer of home loans from other banks: Home loan interest rate (repo rate linked) starting from as low as 6.90% per annum and processing fee starting from Rs. 3,000.
Auto loan: Auto loan customers can enjoy the freedom of customizing their EMIs as per their convenience. ICICI Bank auto loan EMI starts from Rs 1,554 per 1 lakh for a period of 84 months. The processing fee for woman borrowers is Rs. 1,999.
Two-wheeler loans: With ICICI Bank two-wheeler loans, now you can buy your dream bike/ scooty at an EMI as low as Rs. 36 per Rs. 1,000 for a period of 36 months and the special processing fee is Rs. 999.
Consumer finance loans: This festive season ICICI Bank is offering no-cost EMI on major brands of home appliances and digital products. The loan is available with minimal documentation.
SBI loan offers for Navratri
In a view of the festival season, the State Bank of India (SBI) has announced rate cuts and fee waivers on several consumer loans.
SBI festival loan offer
Here are some of the SBI festival loan offers for retail as well as business customers:
SBI personal loan: State Bank of India has reduced interest rates on personal loans from double digits to 9.6% per annum. The bank has also announced a complete waiver in processing fees for all customers applying for a personal loan through its digital platform, Yono app.
SBI home loan festival offer 2020: Home buyers can avail of credit score-based concession of up to 10 basis point on a home loan above Rs. 30 lakh under SBI home loan festival offers 2020. If they apply for a home loan through the Yono app, they can get a 5bps interest concession.
SBI car loan: State Bank of India has reduced interest rates on car loans from 7.75% to 7.5% per annum. The bank is offering a complete waiver in processing fees for all customers who apply for a car loan through the Yono app.
SBI gold loan: The bank is offering a flexible prepayment facility on gold loans. 100% processing fee waiver for individuals applying for a gold loan using the Yono app.
Bank of Baroda loan offers for Navratri
Bank of Baroda has rolled out offers for home loan and car loan borrowers. Existing loyal customers and new customers can get attractive deals for availing of car loans and home loans.
Here are some of the Bank of Baroda festival loan offers for a home loan as well as car loan customers:
Bank of Baroda home loan: Bank of Baroda is offering a 0.25% discount in the existing applicable rates for customers who are shifting their home loans to Bank of Baroda. You can also get a waiver of processing fees.
Bank of Baroda car loan: The bank is offering a waiver of 0.25% in the current applicable rates and discounts on processing fees for Baroda car loans.
The loan amount can boost the cash-in-hand during the times when the borrowers are expected to overspend. You can make your festival a memorable experience with this loan offers to meet your several financial needs. With top lenders rolling out cheaper loans, fee waivers, and easier consumer loans during the procession of festivals, you can get a host of benefits on different types of purchases from property and car to online shopping with e-commerce players like Amazon, Flipkart, Paytm, Myntra, etc.