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Accelerate Your Dream To Buy A Car: Punjab National Bank Cuts Rates on Car Loans

Added On:
   Sun 22/Mar/2009
Last Updated:
   Sun 22/Mar/2009
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   Accelerate Your Dream To Buy A Car: Punjab National Bank Cuts Rates on Car Loans

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   There is a reason to smile for all car lovers. The Punjab National Bank (PNB) has reduced the interest rates on car loans by 50 basis points from March 1, 2009. The new car loan rates will now be in the 10.5-11.0 per cent band. In past recessions, the wealthy were insulated by their money, but not this time. This recession is sparing none from its clutches. As a result, the luxury car sales are off by at least one-third compared to last year’s numbers.
http://indianfinance.blogsome.com/2009/03/02/accelerate-your-dream-to-buy-a-car-punjab-national-bank-cuts-rates-on-car-loans/

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