|Bank Name||Floating Interest Rate||Processing Fee|
|Kotak Mahindra Bank||11.50% to 13.50%||N/A|
|Federal Bank||9.20%||Rs 1500 to Rs 2500|
|HDFC||8.25% - 14.26% (Avg 9.40%)||Rs. 10,000 or 0.4% of car loan sanctioned|
|AXIS||12 %||Rs.3500 to Ra.5500|
|TATA CAPITAL||12.5 %||1.50% of the loan amount or 6,000 per vehicle, whichever is higher|
|ICICI||12.75 %||5% on the outstanding principle|
|RBL BANK||12 to 14 %||1% of Loan amount.|
|IIFL||12%||Rs. 4,500 to Rs. 8,000 or 1% of loan amount|
|IndusInd bank||10.65 %||1% of the loan amount|
|Bank of baroda||9.15 %||Nil|
Popularly known as the “Garden city”, Bangalore-officially now called as Bengaluru is the capital of Karnataka. The city is also popularly known as “the Silicon Valley of India”.
Bangalore is a bustling cosmopolitan city, having a pleasant atmosphere all round the year. It is the third largest and the most livable cities of India, which contributes the major GDP after cities like Delhi, Mumbai, Chennai. Many notable institutions are located in the city such as Defense Research and Development Organisation(DRDO), Indian Space Research Organisation (ISRO), Indian Institute of Sciences (IIS), Indian Institute of Management (IIMB), National Aeronautics laboratory(NAL) and National Law School. Popular tourist spots of the city include Bannerghatta National Park, Bangalore Palace, Cubbon Park.”
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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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ICICI Bank is an Indian multinational bank and financial services company. Headquartered in Mumbai, India, the bank currently has a network of ,87 branches and , 7 ATMs across India. The bank became the first Indian bank to list on the New York Stock Exchange in 000. It is India’s largest private sector bank with total consolidated assets of Rs. ,.8 billion (US$ 7. billion) as on March 08.Banking
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The Karnataka Bank Limited is ‘A’ Class scheduled commercial bank founded on 8th February 9. Headquartered in Mangaluru in Karnataka, India, the bank has a national presence with a network of 8 branches, 7 ATMs and 0 e-lobbies spread across states and Union Territories. The bank has deployed the most modern information technology like core banking, internet banking and mobile banking etc. to meet customers’ expectation of services, for today and for future. The bank is listed on both the BSE and the NSE.Banking
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Punjab National Bank (PNB) is an Indian multinational banking and financial services company. Established in 89, it is state-owned bank. Headquartered in New Delhi, India, the bank operates through a network of zonal offices, 7 circle offices, 98 branches, and 98 ATMs. PNB also operates a banking subsidiary in the UK, as well as branches in Hong Kong, Kowloon, Dubai and Kabul and representative offices in in Almaty (Kazakhstan), Dubai (UAE), Shanghai (China), Oslo(Norway), and Sydney (Australia). PNB and other major commercial banks were nationalized on 9 July 99.Banking
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