2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following banks has launched India’s first ’Green Car Loan’ at lower interest rates?
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SBI
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ICICI Bank
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PNB
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Axis Bank
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Explanation:
Detailed explanation-1: -SBI provides India’s first Green Car Loan to encourage people to reduce their carbon footprint and opt for electric vehicles."
Detailed explanation-2: -Features of the SBI Green Car Loan 7.55% p.a. to 8.25% p.a.
Detailed explanation-3: -SBI Green Loan. The State Bank of India had launched the country’s first ‘Green Car Loan’ (Electric Vehicle) to encourage consumers to purchase electric automobiles. The new system will offer loans at a rate that is 20 basis points lower than the current vehicle lending scheme.
Detailed explanation-4: -Rate of Interest for Car Loan - MCLR 7.35% | IDFC FIRST Bank.
There is 1 question to complete.