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SBI offers 20 bps discount on electric vehicle loans

Updated : April 23, 2019 06:48 AM IST

State Bank of India (SBI) on Monday launched a discounted loan for buyers of such vehicles pricing 20 basis points lower than its existing auto loans.
Of the 3.6 million (FY19) car industry, EVs constitute around 1,000 units per annum, according to industry data.
SBI offers 20 bps discount on electric vehicle loans

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