SBI cuts auto loan rate to 7.5%, waives fees on retail; discount on application via app

MUMBAI: Ahead of the festival season, State Bank of India (SBI) has announced rate cuts and fee waivers on various consumer loans. Interest rates on car and personal loans have been reduced to a new low of 7.5% and 6% respectively.
Also, in a bid to push its digital platform, Yono, the bank is offering special rates for loans using the bank’s all-in-one mobile app which has seen 5.8 crore downloads. The special deals being offered by the bank include a waiver of processing fee on car, gold, personal, and home loans in approved projects.
“With the economy recovering gradually, we hope to see a boost in consumer spends and at the same time ensure SBI’s helping hand to all those in addressing their financial needs to have a pleasant festive season,” said CS Setty, MD (Retail & Digital Banking), SBI. The bank already accounts for one out of every
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Getting a Ticket in a Rental Car – Are There Additional Fees Or Fines?

When driving a rental car, there is a question that looms in the mind of the renter. One of those questions is, “What happens if I get a ticket?” That is a very good question because the car is not in the renter’s name. The car is in the name of the rental car company. This means things can get a bit complicated, depending on the company that you’re using. Sure, it is simple to say that you just shouldn’t do anything to get a ticket. However, it isn’t always that easy.

Getting the ticket

So let’s say you get a parking ticket. You didn’t mean to. You just simply didn’t see a sign or parked at a parking meter and forgot to pay it. So you go home, write a check, and mail the payment for your ticket to the city. However, you find a couple weeks later that … Read More

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