Go with SBI or BOI. You will end up spending more with HDFC. Also with SBI or BOI if you default on a couple of installments, they wont impound the car. They will recalculate the interest and ask you to pay. Once you do it, it's back to normal. Inital formalities with PSU Banks are a bit cumbersome but then you can relax for the rest of your tenure. This is not the case with private banks. |