State Bank of India has created Auto loan Hubs for its customers in 51 branches of major cities of Madhaya Pradesh and Chhattisgarh likes Indore, Bhopal, Ratlam, Ujjain, Sagar, Gwalior, Jabalpur, Bilaspur, Raipur, Korba and Bhilai (33 branches in Madhya Pradesh and 18 branches in Chhattisgarh).
The Chief General Manager of SBI, Rajesh Kumar inaugurated hub in the presence of major car dealers and respectable customers at Shahpura branch Bhopal. After creation of Auto loan Hubs the processing and delivery of the Car loan will become quicker and seamless.
After getting all the required papers the sanction will be done instantly.
Speaking on the occasion, Rajesh Kumar said that State Bank of India is serving more than 43 crore customers. These customers come from different market segments. Bank delivers different products and services through different channels and forefront of the technology. Auto loan hub is a new initiative of the bank for better and delightful customer services.
Rajesh Kumar further said that in principle approval for car loan is available on our app YONO. In Personal loans, we are significantly leveraging upon the Bank’s digital prowess to offer innovative services like the instantly available Pre-approved personal loan, Pre-approved
Xpress Credit, Pre- approved Pension loan and Insta top-up loan through our YONO platform and are receiving an encouraging response.