State Bank of India has come up with a special arrangement for the customers looking to buy a car during this festive period. S. Giridhar, General Manager, State Bank of India said that during this festive time SBI will provide car loan facility to its customers within a time period of only one hour.
Giridhar informed that 0.50 percent rebate in interest rate will also be provided by the bank to the corona warriors.
All reputed car dealers including Surjit Hyundai, Jeevan Motors, Tata Varenyam, CI Hyundai, Rajpal Toyota, RMJ Nexa, CI Mahindra, Honda Agency, Skoda, MG Hector, Volkswagen, Galaxy Nissan and others participated in the Car Dealers Meet organized by SBI. On this occasion, General Manager Giridhar said that more than one hundred branches of the bank are sanctioning car loans in Bhopal. Shri Anurag Bhargava, DeputyGeneral Manager, Bhopal Module said that the bank is not charging any processing fee for the car loan and interest rebate is also available to the customers through SBI's YONO App.
On this occasion, Regional Manager Madhavanand Pareda and Harpreet Singh Chhabra informed that during the festivals, representatives of the bank would also be present in all the car showrooms located in Bhopal for the convenience of the customers.