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					CAR LOANS

Base Rate w.e.f. 17.08.2011 (10.50% p.a).

SBP Car Loan for New Vehicles

Sl.      PARAMETER       DETAILS
No.      SCHEME
1.       Applicable to   All New Car Loans to Public
2.       Interest Rate   At present the following Interest rates are applicable:
         (w.e.f.         For Term Loan:
         26/04/2012)     0.75% above Base Rate, i.e. 11.25% p.a.
                         For Overdraft:
                         OD will attract 0.50% more than the existing rate for
                         Term Loans, i.e. 11.75% p.a.


NRI Car Loan

Tenure                    Rate of Interest
                         (w.e.f. 26/04/2012)
For all tenures          0.75% above Base Rate, i.e. 11.25% p.a.



Two-Wheeler Loan

Tenure                    Rate of Interest
                         (w.e.f. 17.08.2011)
For all tenures          6.25% above Base Rate, i.e. 16.75% p.a.


Used Vehicles

Tenure                    Rate of Interest
                         (w.e.f. 17.08.2011)
Up to 3 years            6.50% above Base Rate, i.e. 17.00% p.a.

Above 3 years to 7 years 6.75% above Base Rate, i.e. 17.25% p.a.



NOTE: ALL INTEREST RATES ARE SUBJECT TO CHANGE, WITHOUT NOTICE.

				
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Description: car loans , student loans