Leading car dealers to showcase their latest models at over 877 bank branches
TIL Desk Lucknow/ HDFC Bank, India’s leading private sector bank, is set to launch ‘Festive Treats XpressWay- Mega Auto Loan Mela’, across all 877 branches in Uttar Pradesh and Uttarakhand on November 4, 2023. The Bank has partnered with leading auto dealers to showcase their top models at major branches across the state. Customers visiting the branch can inspect, test-drive the vehicles, browse through auto loan options, and even book a car on the spot.
The ‘Festive Treats XpressWay- Mega Auto Loan Mela’ aims to enable customers to choose the vehicle of their choice and browse specially curated Festive Treat offers. Customers can apply for Xpress car loan through the recently launched XpressWay, a digital platform offering banking products and services, enabling customers to experience the fastest way to bank. Xpress car loan has features such as Car loan disbursal in 30 minutes, no documentation, lower Interest rates, higher loan amounts and zero foreclosure charges. etc.
The participating branches will showcase a select set of cars, along with enquiry desks to respond to visitors’ queries. The ‘Festive Treats XpressWay- Mega Auto Loan Mela’ will provide an end-to-end solution to process loan requests with a variety of repayment options.
HDFC Bank has one of largest loan portfolios in the auto-loan segment. As on September 30, 2023 auto-loan advances stood at Rs. 1,25,516 crore.
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