Another private sector lender, Kotak Mahindra, is also feeling the pressure to raise its auto lending rates.
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Here is a detailed account of the different documents that need to be in place before you can avail a loan.
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Most banks have hiked their prime lending rates leading to hike in PLR-linked lending rates. If you have a long-term home loan account with banks, it makes sense to switch to base rate now.
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Home, auto and education loans from a host of banks have become costlier for existing borrowers by up to 75 bps, after lenders hiked interest rates.
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The Reserve Bank asked banks to put in place a suitable mechanism to provide the benefit of the 1% interest subsidy granted by the government on home loans to buy a house of up to Rs 20 lakh.
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Bussan Auto Finance India said it targets Rs 100 crore of financing of Yamaha customers this fiscal.
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Some people are just born with the tact whereas some have to work on their skills to get the right buy at the right price.
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