A COM­PAR­A­TIVE CHART

Consumer Voice - - Loans For Used Cars -

Fed­eral Bank Yes 2.40 (10) NS (0) NS (0) 3 (5) 75 (7) 25 (3) NS (0) 9.45 (15) 60 (4) Nil (10) 3 57 Ca­nara Bank NS 3.00 (5) NS (0) NS (0) 5 (10) 75 (7) 25 (3) 5,000 (8) 9.25 (15) NS (0) NS (0) 6 54 Cen­tral Bank NS 2.40 (10) 18 (2) 65 (3) 3 (5) 75 (7) 25 (3) NS (0) 9.80 (11) 60 (4) NS (0) 5 50 Karur Vysya Bank NS NS (0) NS (0) NS (0) 5 (10) 75 (7) 25 (3) 2,000 (8) 12.60 (11) 60 (4) NS (0) 4 47 Vi­jaya Bank Yes NS (0) 21 (1) 60 (1) 5 (10) 70 (4) 30 (2) 10,000 (4) 9.30 (15) 60 (4) NS (0) 4 45 Union Bank of In­dia Yes NS (0) 18 (2) 70 (5) 3 (5) 60 (2) 40 (1) 15,000 (2) 11.70 (11) 60 (4) Nil (10) 2 44 b) The loan is for sanc­tion to salaried per­sons for use of the car for per­sonal pur­poses c) The rate of in­ter­est is on float­ing ba­sis and max­i­mum RoI is taken for com­par­i­son. d) In­for­ma­tion given here has been sourced from web­sites and brochures. HDFC Bank NS NS (0) NS (0) NS (0) 5 (10) 60 (2) 40 (1) 5,000 (8) 17.50 (4) 60 (4) 3 (4) 11 44 ICICI Bank NS NS (0) NS (0) NS (0) NS (0) 80 (7) 20 (3) 6,000 (8) 18.49 (4) 60 (4) 5 (2) 4 32

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