Thursday, 29 September 2011

0.25% discount on auto loans by Dena Bank

Mumbai: On the heels of the leaders of the industry with the release of special loans / discounts on sales to take advantage of the feast, the average size of state lender Dena Bank has launched a loan mela your account under providing a base 25 points of new car loans and reduce by half the processing fee.

The festival will benefit the effective delivery of October 1 to December 31, 2011, the bank said in a statement. "Dena Bank reduced interest rates on housing loans and new car loans by 25 basis points on the card type. To give more benefits to customers, we have also reduced the processing of new loans by 50 percent from the current one percent, "the bank said.

The base rate of Dena Bank stood at 10.70 percent. A bank official said the reimbursement depends on the amount and duration of the loan. Current interest rate varies from 11.20 to 12.75 percent in the case of floating home loans, while for fixed rate loans ranging from 11.50 to 12.75 percent.

Auto Loans of up to three years, your interest rate is 13.25 percent and more than three years is 13.75 percent, the official said, adding that the 25 basis point discounts on these fares apply.


Source: http://indiancarz.com/YaBB.pl?num=1317308106

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