Thread Starter
#1
I had a terrible time dealing with both HDFC Bk and SBI in getting Car Loan.
HDFC - Dealer contact in HDFC says its online processing so no documents needed if pre-approved.
My Branch contact saying even if pre-approved, you will still need to provide a tons of documents etc.
In both cases, processing fees, foreclosure charges etc are all applicable.
SBI - it needs a lot of documents more than HDFC, like employer NOC, Employer letter etc, and couple of branches i have Managers are on leave, so no new loans can be disbursed. kind of autocratic reply.
Still in dilemma.
Any recent experience in detail please.
HDFC - Dealer contact in HDFC says its online processing so no documents needed if pre-approved.
My Branch contact saying even if pre-approved, you will still need to provide a tons of documents etc.
In both cases, processing fees, foreclosure charges etc are all applicable.
SBI - it needs a lot of documents more than HDFC, like employer NOC, Employer letter etc, and couple of branches i have Managers are on leave, so no new loans can be disbursed. kind of autocratic reply.
Still in dilemma.
Any recent experience in detail please.