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Dive into the Joy of Savings this Festive Season: Discover the Best Car and Home Loan Deals in India for 2023!
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Ah, the festive season in India—the time for lights, sweets, and some serious shopping! If you’ve been eyeing that dream car or longing for a cozy home, this is your moment. Top banks in India are rolling out some incredible offers on car and home loans during the festive buzz, covering events like Dhanteras, Diwali, Bhai Dooj, and Chhath Puja.
Experience a Dazzling Diwali with State Bank of India (SBI)
SBI has kicked off a special festive campaign, running from September 1 to December 31, 2023. Here’s the exciting part: SBI customers can snag a sweet concession on term loan interest rates based on their credit bureau score. The higher your score, the better the deal. High scorers could enjoy up to a 0.65% interest rate concession. Imagine, if your CIBIL score is between 700 and 749, you could lock in a term loan with an effective interest rate of 8.7%, down from the usual 9.35%.
Punjab National Bank (PNB) Lights Up Your Festivities
PNB is all set to light up your Diwali with its ‘Deepawali Dhamaka 2023’ offer. For home loans, they’re slashing the interest rate to a tempting 8.4% per annum. But wait, there’s more! Car loan enthusiasts can grab loans starting at 8.75% interest and enjoy a waiver on processing fees and documentation charges. Now, that’s a festive treat!
Bank of Baroda (BoB) Brings Joy to Your Festivities
BoB is not one to be left behind. Their “Feeling of Festival with BoB” promotion is on until December 31, 2023. Picture this: home loans at an annual interest rate of 8.4%, and no processing fees! Car loan seekers, rejoice—BoB has your back with loans starting at an 8.7% interest rate, and yes, you read it right—no processing fees.
In a nutshell, the festive season of 2023 is showering potential borrowers with opportunities to turn dreams into reality. Whether it’s a shiny new car or the perfect home, these festive offers are your ticket to the best loan deals. Happy shopping, and here’s to a season of happy savings!
