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Car Loan News
SBI lowers auto loan rates
Wednesday,24th October 2007
| State Bank of India has reduced interest rates on fresh automobile loans of three to seven years tenure by 100 basis points. The country’s largest lender will offer the new rates under a special festival scheme, effective between October 8 and December 31. The bank has also cut floating rates by 75 basis points on existing auto loans with up to 3 years tenure. |
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