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Old 9th September 2014, 19:10   #31
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Default Re: Car loan disbursal in another city.

I know its never too early, thats why i want to get this thing rolling.

However I am back to Square-1. Still no clue about what I will finally end up doing. Getting a super bike loan from PSU sounds like a nightmare, although its cheaper by 1-2%.

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Old 23rd October 2014, 17:48   #32
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Hi friends, with some hopes I am reviving this old dead thread.
I am working and staying in Bangalore and my parents are in Mathura, UP. I am planning to gift them the new Tata Zest. I do not have any address proof from Mathura and have all needed docs of my Bangalore address. I want to get loan at Bangalore for a car that will be purchased and registered at Mathura. SBI centralized customer care confirmed that it is possible but depends totally on the branch, which I inquired with 2 branches near to my place, HSR layout but they have denied. Now, HDFC car loan dept has confirmed that they do it and during the festive season, the ROI is 10.50%, she also mentioned some corporate discount, whatever. It sounds good but the car has long 2 months waiting period and I am not sure if at that time they will give the special 10.50% or will the scheme get over and it will jump back to usual ~12%. Also, I would love if SBI can provide loan at Bangalore itself. Request you all to provide some info if anybody else has done it.
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Old 31st October 2014, 23:37   #33
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Quote:
Originally Posted by itsashishsharma View Post
Hi friends, with some hopes I am reviving this old dead thread.
I am working and staying in Bangalore and my parents are in Mathura, UP. I am planning to gift them the new Tata Zest. I do not have any address proof from Mathura and have all needed docs of my Bangalore address. I want to get loan at Bangalore for a car that will be purchased and registered at Mathura. SBI centralized customer care confirmed that it is possible but depends totally on the branch, which I inquired with 2 branches near to my place, HSR layout but they have denied. Now, HDFC car loan dept has confirmed that they do it and during the festive season, the ROI is 10.50%, she also mentioned some corporate discount, whatever. It sounds good but the car has long 2 months waiting period and I am not sure if at that time they will give the special 10.50% or will the scheme get over and it will jump back to usual ~12%. Also, I would love if SBI can provide loan at Bangalore itself. Request you all to provide some info if anybody else has done it.
I took a loan recently from a city i work and bought the car from another state and got it registered there. The bank was Axis bank.

Now you got to have address proofs at both the places and both the loan and the registration have to be in your name.
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