TNPSC Thervupettagam

India’s first ‘Green Car Loan’

April 29 , 2019 2065 days 2405 0
  • On the occasion of World Earth Day- April 22, 2019 the State Bank of India has launched India’s first ‘Green Car Loan’ (Electric Vehicle).
  • It aims to encourage customers to buy electric vehicles.
  • The new scheme ‘Green Car Loan’ will offer loan at 20 basis points lower than the interest rate on the existing car loan schemes.

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