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HDFC Bank Cuts Auto Loan Rates

1/30/2013

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Taking a cue from RBI's rate cut yesterday, private sector's major player - HDFC Bank has cut auto loan rates by upto 0.5 percent.

The auto loan interest rate will now be lowered by 0.25 per cent , a senior bank official confirmed when contacted.

  Whereas, the commercial vehicle segment sees a reduction of 0.25 per cent.

The new rates would be effective from February 1, 2013, the official added.

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