Leading car dealers to showcase their latest models at over 30 Bank branches*
India, 2023: HDFC Bank, India’s leading private sector bank, has organized a 5-day ‘Mega Auto Loan Mela’ in Goa, from November 01 to 05, 2023. Over 30 HDFC Bank branches from Panjim, Margao, Mapusa, and Vasco will participate in the loan mela. The Bank has partnered with leading auto dealers to showcase their top models at the branches. Customers visiting the branch can inspect, test-drive the vehicles, browse through auto loan options, and even book a car on the spot.
Under Festive Treats, the Bank is offering XPRESS Loans at discounted interest rates and processing fees to all existing and non-bank customers. The ‘Mega Car Loan Mela’ will provide an end-to-end solution to process loan requests with a variety of repayment options. The initiative will enhance the customer experience of buying a car and availing of a loan with minimum paperwork.
For the year ending 30th June 2023, HDFC Bank’s auto loan book size was Rs 1,21,732 crore.