HDFC Bank, India’s leading private sector bank, is set to launch a two-day mega car loan mela in Central India and Maharashtra. More than 1100 branches across Indore, Bhopal, Jabalpur, Gwalior, Raipur, Jaipur, Udaipur, Jodhpur, & Jaisalmer in Central India and Mumbai, Pune, Kolhapur, Nashik, Satara, Aurangabad & Nagpur, across Maharashtra will participate in the mela on October 11 and 12.
The Bank has partnered with leading automobile brands and regional dealerships to showcase their top models at its branches. Walk-in customers can take a test drive, and if eligible, they get on-the-spot loan sanctions and book a car of their choice.
For the year ending 30th June 2023, HDFC Bank’s auto loan book size was Rs 1,21,732 crore.
In Central India, the Bank’s distribution network stands at 960 branches spread across 600 locations. In Maharashtra, the Bank’s distribution network stands at 873 branches spread across 500 locations.