State Bank of Hyderabad (SBH) has extended the on-going car and gold loan campaign till end of March 31, 2015.
As part of the campaign the bank has slashed interest rates on car loans by 20 basis points from 10.50 per cent per annum to 10.30 per cent. In the case of a combo car loan (home loan with a car loan), interest was reduced 15 basis points from 10.40 per cent to 10.25 per cent.
Interest rate on gold loan was reduced up to 10.50 per cent. This offer is valid for a limited period and would be available to all types of customers including the non-resident Indians, according to a release.
SBH’s personal segment advances are growing at 15.67 per cent on a year-on-year basis.