Finance
Potter HeadBank of Baroda Unleashes Magic: Car Loan Rates at 7.6%
In a dazzling display of wizardry, the renowned Bank of Baroda has conjured a spell, slashing car loan rates by 30 bps to a mesmerizing 7.6%! With fixed rates for new magical steeds starting at 8.5% and no prepayment curses, brave borrowers can now embark on their journeys with ease. Plus, repayment charms can last up to 84 moons, granting even more financial freedom!
few days ago | Press Trust of India
Quick rundown
1.Bank of Baroda slashes car loan interest rates by 30 basis points.
2.Floating car loan rates now start at 7.6% per annum.
3.Zero prepayment charges on floating rate car loans.
4.Interest calculated on daily reducing balance method.
5.Extended repayment tenure of up to 84 months.
