HDFC ties up with Eastern Motors for car loan
Source: The Sangai Express
Imphal, March 30 2014:
For the first time in the State, HDFC today launched its flagship programme of 'car loans in one day' at Eastern Motors, Chingmeirong.
Speaking at the occasion, HDFC Imphal Branch manager Momo Saka said that the bank has been working to provide such loans to denizens of Imphal since the past but this time the bank is able to launch the programme at Imphal.
Noting many precious days are wasted in completing due procedures for taking car loans, Momo Saka said that such inconveniences would be a thing of the past since the flagship programme of 'car loans in one day' has been launched.
Government employees who get regular salaries and businessmen can avail these car loans on the spot if they can show income tax certificates and identity cards.
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There is no fixed interest rate.
The interest rate may be lowered depending on the loanee.
Selected people who have won the bank's confidence would be given the extra facility of zero down payment.
In addition to car loan, the bank has been working to provide personal loan, two-wheeler loan and construction loan, Momo Saka said.
Meanwhile, Easter Motors proprietor Pritam Sinam while greeting all the people of Manipur on the occasion of Cheiraoba, today announced that there would be mega offers for people who come to buy cars from Eastern Motors tomorrow.
The launching of the car loan programme started with the hand over of an Alto K10 car to a customer by Pritam Sinam and Momo Saka.