|Bank Name||Floating Interest Rate||Processing Fee|
|Kotak Mahindra Bank||11.50% to 13.50%||N/A|
|HDFC||8.25% - 14.26% (Avg 9.40%)||Rs. 10,000 or 0.4% of car loan sanctioned|
|IndusInd bank||10.65 %||1% of the loan amount|
|ICICI||12.75 %||5% on the outstanding principle|
|Bank of baroda||9.15 %||Nil|
|AXIS||12 %||Rs.3500 to Ra.5500|
|IIFL||12%||Rs. 4,500 to Rs. 8,000 or 1% of loan amount|
|Federal Bank||9.20%||Rs 1500 to Rs 2500|
|TATA CAPITAL||12.5 %||1.50% of the loan amount or 6,000 per vehicle, whichever is higher|
|RBL BANK||12 to 14 %||1% of Loan amount.|
Ahmedabad is one of the oldest and largest cities of Gujarat. The city is the fifth most populous cities of India, with a population of 5,633,927(as per 2011 population census). It is located on the banks of river Sabarmati, 30 km from the state capital city of Gandhinagar.
Ahmedabad is the second largest producer of cotton in the country and has emerged as the most important economic and industrial hub of India. The Indian Independence had its roots in the city of Ahmedabad, when Mahatma Gandhi established two ashrams on the banks of river Sabarmati. Mahatma Gandhi initiated the salt Satyagraha movement from Ahmedabad, which gained immense prominence nationwide.”
We aim to create a robust alternative credit ecosystem in the country. For this, we are digitizing the finance functions. Anywhere and everywhere – you can Apply for a Car Loan with just a few clicks.
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Indusind Bank Limited is a new generation private bank. Established in 99, the bank is headquartered in Mumbai, India. It stands tall today as one of the reputed banks in the country. Indusind Bank operates more than 000 branches and over ,800 ATMs spread across the country. It also has representative offices in London, Dubai and Abu Dhabi.Banking
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The bank provides various banking solutions to individuals, NRIs, business owners, corporate, government and financial Institutions. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and other Banking Operations segments. The bank offers current, savings, defense, corporate salary, and RFC accounts; and fixed deposits, recurring deposits, young saver deposits, as well as Rupee multiplier products.Loans
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RBL Bank (Ratnakar Bank Limited) is one of the fastest growing private sector banks in India, headquartered in Mumbai, Maharashtra. Established in August 9, currently the bank operates through a network of branches, 99 banking outlets and 9 ATMs spread across 0 Indian states and union territories. In August 99, the bank obtained Scheduled Commercial Bank status. It is listed on both BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).Banking
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