@ anshuman8
Thanks for your reply, I live in Barrackpore near Kolkata. I have here three SBI branches but everywhere feedback is same. I do business ( software development company ) and buying Hyundai Verna Fluidic SX Petrol. Also my loan requirement is 50%. I’ve taken VW Vento test drive beside Verna and the both showroom provides SBI loan, BUT not for Business persons only for salaried employee, I don’t know why. With the showroom, the process is hassle free. The VW sales guy said he will take care all of that. But as I’ve decided to go for Verna then no luck.
That’s why visited the local SBI branches, but their required papers works is a lot, mine is fine but I cant ask any Guarantor for all those. Even my company has good transaction with the Bank and I show them all. But these people even have no clear idea about their own systems. On the other side, I will get the loan from a Private bank over online in few hours with no Guarantor, almost at same % rate. But there have no Overdraft facility and 5% pre-payment charges however Zero processing fees + 4k bonus from bankbazar.com. They have already approved it within an hour and asking for papers.