Leading car dealers to showcase their latest models at over 115 branches
Haryana / Himachal Pradesh / Chandigarh, June 25, 2024: HDFC Bank, India’s leading private sector Bank, is organizing a ‘Mega Auto Loan Mela’ at over 115 branches across Chandigarh, Haryana and Himachal Pradesh on 26th and 27th June 2024. The Bank has partnered with leading auto dealers to showcase their top models at the branches.
The ‘Mega Auto Loan Mela’ aims to increase the visibility and accessibility of auto loans in the targeted regions. The participating branches will showcase a select set of cars, along with inquiry desks to support visitors’ queries.
The ‘Mega Car Loan Mela’ will provide an end-to-end solution to process loan requests with a variety of repayment options. The initiative will enhance the customer experience of buying a car and availing of a loan with minimum documentation. Customers visiting the branch can inspect, test-drive the vehicles, browse through auto loan options and even book a car on the spot.
Speaking at the inauguration ceremony, Mr. Dinesh Luthra, Branch Banking Head – North 2, HDFC Bank said, “The Mega Auto Loan Mela offers a great opportunity for customers to avail finance with ease for their favourite car. We have invited leading carmakers and auto dealers to display their top models at our branches. We are confident that customers will benefit from this Mela.”
HDFC Bank’s loan portfolio in the auto-loan segment stood at ₹ 1,311 billion for the year ended March 31, 2024. HDFC Bank has ‘Xpress Car Loan’ facility, a state-of-the-art digital API platform that streamlines the loan disbursement process in a mere 30 minutes. Xpress Car Loan has evolved into India’s single-largest digital loan platform for origination and disbursement with thousands of happy customers.
