Bank Name | Floating Interest Rate | Processing Fee |
---|
IndusInd bank | 10.65 % | 1% of the loan amount |
AXIS | 12 % | Rs.3500 to Ra.5500 |
Bank of baroda | 9.15 % | Nil |
RBL BANK | 12 to 14 % | 1% of Loan amount. |
Kotak Mahindra Bank | 11.50% to 13.50% | N/A |
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 |
ICICI | 12.75 % | 5% on the outstanding principle |
IIFL | 12% | Rs. 4,500 to Rs. 8,000 or 1% of loan amount |
HDB bank | N/A | N/A |
HDFC | 8.25% - 14.26% (Avg 9.40%) | Rs. 10,000 or 0.4% of car loan sanctioned |
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Formerly known as Madras, Chennai is the capital town of the state of Tamil Nadu. It is one of the most visited Indian cities by foreign tourists and is the biggest cultural, economic, and educational centre of South India.
Chennai is also nicknamed as “The Detroit of India” having a base of one third of India’s automobile industry. It is also a major film production centre and is home to Tamil Film Industry. For many centuries the region around Chennai has served as an important military, administrative, and economic centre. Ancient coins dating to around 500 BC have been found in the excavations in the city and surrounding areas. The sculpted caves and paintings of the age old period also have been identified from that period.
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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.
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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).
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Bank of Baroda (BOB) is an Indian multinational banking and financial services institution headquartered in Vadodara in Gujrat, India. The bank was established on 0 July 908 and nationalized on 9 July 99 along with other major commercial banks of India. It has been termed as a profit-making public sector undertaking (PSU). The bank has 7 global branches including 7 India branches and 0 overseas branches. It offers a wide range of banking products and services including loans, credit and debit cards etc.
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