Team-BHP - View Single Post - Which car loan to go for BOI \ SBI \ HDFC ?

Gansan · 11th June 2009, 08:30

If you are comfortable with the guarantor part, go with BOI. I personally do not like to go for such an obligation to anyone. They also have to furnish all the details/documents that the applicant does. Thus I am hesitating to take their loan, even though my salary account is with them.

As a customer of HDFC Bank, I have been offered a pre-approved car loan by them too. Even though the interest is 1% higher, they don't need a guarantor and that makes them more attractive for me.

11th June 2009, 08:30	#4 (permalink)
Gansan BHPian Join Date: May 2009 Location: Chennai Posts: 624	If you are comfortable with the guarantor part, go with BOI. I personally do not like to go for such an obligation to anyone. They also have to furnish all the details/documents that the applicant does. Thus I am hesitating to take their loan, even though my salary account is with them. As a customer of HDFC Bank, I have been offered a pre-approved car loan by them too. Even though the interest is 1% higher, they don't need a guarantor and that makes them more attractive for me. __________________ Splendor Feb'2000 - 79200 KM. Alto LXi June 2009 - 2650 KM. What do you mean,my bike is old? It has not even done 100,000 KM!