Daily Current Affairs on HDFC Bank launches 30 minute 'Xpress Car Loan' for UPSC EPFO Exam Preparation

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HDFC Bank launches 30 minute 'Xpress Car Loan'

Private sector lender HDFC Bank has launched a 30-minute ‘Xpress Car Loans’, which is an end-to-end digital new car loan journey for existing customers as well as non-customers.

  • The bank has integrated its lending application with automobile dealers across the country.
  • The bank expects about 20 per cent to 30 per cent of customers to avail of the facility for loans up to ?20 lakh.
  • This facility is open to four - wheeler and will gradually rolled out to two - wheelers.

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