Good not excellent. HDFC was bit lagging on their service in their offers. I would say they are 30% slower than other bank. Promotional offers are normal however again at least 30% - 40 % lesser than citi bank. Whenever swiping my visa reward in outlets I do get some points low than other banks. May be they can implement the petrol cards .Reward points structure should be revised . It should be somewhere in line with other banks.
12:20 PM - Oct 30, 2014
I havent received any calls from hdfc bank for my car loan application. I have been maintained the account from them however they needs to give some response for existing customer. They really needs to improve on their services and follow ups.
06:17 PM - Oct 29, 2014
I felt it so useful to get the car loan from SBI bank. I did direct approach with them, The overall service was good, within 4 to 5 days my loan got disbursed I approached Rs.3lack they approved the same amount what I did with them , interest rate is also quite acceptable which is 10.9%.It is very availed to me.
04:24 PM - Oct 29, 2014
Its very excellent from state bank of india for my car loan .I got everything in doorstep. The executive came and collected the documents.I have got my loan within 2 weeks of time. Due to rate of interest in reducing rate of 11% and they are providing 85% -90% on on-road prices. And also their prepayment charges are zero
12:19 PM - Oct 30, 2014
Customer service was very good from hdfc car loan. I just applied to get the information and later on I got calls from them . It doesnâ??t suit for my requirement . I am looking for lower down payment, lower emi and zero prepayment charges . They are having on rate prices for showroom. It would be nice if they initiate some additional offers in festival times.
06:12 PM - Oct 29, 2014
Response was very good from hdfc bank for my car loan. My father guided me for to purchase the old car hence I postponed the plan of availing the loan now. Then I asked the bank people to close the request . HDFC offered me 10.5% for new car. And prepayment was around 10% . Documentation process was in hurry all the time
02:13 PM - Oct 29, 2014
Within a day I have received a call from hdfc bank for my car loan application. I am a privilege customer by having accounts and maintaining good credit report I have been quoted very less amount for me when I compared to other banks . From nationalized banks they offered less interest rates with 10.25% at 90% on road prices. However they offered 80% of fixed showroom prices. I did the maximum negotiations didnt worked out. Percentage of funding on on-road prices in nationalized banks was high compared to other banks. They should be also in line with nationalized banks especially for the existing customers if not for new customers.
12:15 PM - Oct 30, 2014
Within a day I received a call from hdfc bank for my car loan around 4 days . Around 11% they offered me as interest rate. They are having the prepayment options with charges . I have got my car loan from them. Overall I am very much happy about their services
05:46 PM - Oct 29, 2014
Whatever I was told by hdfc bank in documentation for my car loan they never used to do that. They asked me my address proof from my company letter head, first time I provided again then they are asking the same thing repeatedly . HR department wont encourage the same thing repeatedly. Because of this I posted to plan of availing the car loan now. It would be nice if they are more transparent in terms of documentation. Rate of interest was also good . I enjoyed that part.
01:55 PM - Oct 29, 2014
When I applied for car loan from hdfc bank the response was very good. They called me immediately and fixed an appointment for 121 conversation. Currently postponed the plan of availing the new car loan. Rate of interest was very competitive as per the market.
11:19 AM - Oct 30, 2014
When I applied for car loan immediately I have got a call from hdfc bank where I find it was pretty fast and prompt . I preferred used car at that time hence I decided to go for used car. Rate of interest was bit higher than other banks. They should initiate some part payment options and to reduce the prepayment charges. Apart from it everything was fine
05:28 PM - Oct 29, 2014
I have got better offer from state bank of India for my car loan . Response was very good when I submitted the application. Documentation policy was done as per their norms. Rate of interest was low when I compared to other banks.Becuase of this reason I have chosed this bank for my car loan.
11:28 AM - Oct 29, 2014
Are legally adult enough to handle it
Have still got it
Get a regular pay check
Make more than a basic buck
Minimum income required
Rs.2,40,000 per annum
Loan capped @
85% Ex-Showroom price
EMIs of other loans lower
Pay off your credit card bills
Choose longer tenure loan up to 5 Yr years
|Interest Rate (Monthly reducing balance)||10.5% - 12.75%|
|Processing Fees||Rs. 500 to Rs 5,000|
|Loan Tenure||1 year to 5 years|
|Pre-closure Charges||2% to 4% on outstanding loan amount|
|Guarantor Requirement||No guarantor required|
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