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Fuel your dream to ownership with SBI Car Loan scheme
T oday , owning a personal means of transport has shifted from being a luxury to becoming a necessity . SBI ( Mauritius ) has not only understood this paradigm but is well poised to make Mauritian citizens take full advantage of this reality . This is why this forward-looking banking institution has introduced its fast-track SBI Car Loan scheme .
Through its competitive interest rates , and a streamlined process , the bank is determined to accelerate the moment from dreaming about a new car to driving it . This dream is now within reach for everyone , as the SBI Car Loan scheme enables potential car owners to get their car faster than they can imagine .
In line with global initiatives and more especially , the United Nations Goals towards more sustainable transportation , SBI ( Mauritius ) Ltd has also introduced special incentives for those who wish to purchase electric or hybrid vehicles . Such offers not only make it financially appealing to go green but also help in the bank ’ s commitment towards a sustainable future .
Flexibility and affordability
“ Understanding the evolving needs of consumers , especially in a post-pandemic world where individual mobility has gained paramount importance , SBI ( Mauritius ) Ltd has tailored its car loan offerings to be as customerfriendly as possible . Our aim is to empower our customers by ensuring they have easy access to the resources they need to achieve their dreams . The SBI Car Loan facility underscores our commitment to that vision , providing flexibility , affordability , and convenience . Additionally , we guide prospective borrowers and ensure that customers understand their creditworthiness and receive guidance on improving their financial health ”, says Neelaksh Bhardwaj , Vice President Retail Banking at SBI .
Neelaksh Bhardwaj , Vice President Retail Banking at SBI .
Besides the low-interest rates and lower monthly payments that make the scheme more affordable for customers , the bank also offers flexible repayment terms . Thus , with tenures up to 84 months , borrowers can select a payment plan that aligns with their financial capabilities .
With the bank ’ s fast-track approval process , minimum documentation and collaboration with leading car dealerships , eligible customers can obtain their loan within just a couple of days .
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32 LexpressCars SEP 2023 N o 24