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

~~VinZ~~ · 1st August 2009, 13:32

Even i am in the same dilemma now. i have dropped SBI because the minimum they take is 20 days

That brings me to AXIS, HDFC, BOI and corporation bank for my 3 years loan for 5.5 lacs.

1) AXIS 10.5% with 5% preclosure (emi in advance)
2) Corporation 10.5% with 0% preclosre (emi in arrears)
3) HDFC 10.25% with 3% preclosure (they came up with this offer after speaking a lot)
4) BOI gave me shocking offer of 8.5% with no preclosure. But they are not ready to give me the loan as i am not their customer. The customer service people said they can give me loan but not hte branch people. ??

I would wait for BOI and if that is not working i would go with HDFC mostly.

1st August 2009, 13:32	#68 (permalink)
~~VinZ~~ BHPian Join Date: Mar 2006 Location: Bangalore Posts: 213	Even i am in the same dilemma now. i have dropped SBI because the minimum they take is 20 days That brings me to AXIS, HDFC, BOI and corporation bank for my 3 years loan for 5.5 lacs. 1) AXIS 10.5% with 5% preclosure (emi in advance) 2) Corporation 10.5% with 0% preclosre (emi in arrears) 3) HDFC 10.25% with 3% preclosure (they came up with this offer after speaking a lot) 4) BOI gave me shocking offer of 8.5% with no preclosure. But they are not ready to give me the loan as i am not their customer. The customer service people said they can give me loan but not hte branch people. ?? I would wait for BOI and if that is not working i would go with HDFC mostly. __________________ ~~ V-i-n-Z ~~ "the Be Bold - Are you game 4 it?"