Andhra Bank launches prepaid gift, international travel cards

Andhra Bank gift cards in denominations between Rs250 and Rs50,000

Andhra Bank has launched prepaid gift and international travel cards. The prepaid gifts card is available in denominations between Rs250 and Rs50,000 and can be bought at no additional charge.

For gifts cards valued beyond Rs20,000 select Know Your Customer (KYC) norms would be applied.

Andhra Bank International Travel Card was also launched in varying denominations in US dollars.

A co-branded health card in association with India First Life Insurance Company Ltd (a life insurance joint of venture of Andhra Bank) was rolled out to access hassle-free claim settlement. All the cards were launched on MasterCard platform.

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Dena Bank reduces home, car loan rates again

Dena bank has reduced interest rates on floating housing and car loans by 0.50%

To ramp up its retail loan book, the public sector lender Dena Bank has further reduced interest rates for the second time in a fortnight on new home and car loans by 25 basis points, the bank said.

For the ensuing festival season, the bank has further reduced interest rates on new housing and car loans by 25 bps in floating rate category with effect from 10th October. Along with 25 bps reduction in lending rates on 25th September, the bank has reduced interest rates on floating housing and car loans by 0.50%, the bank said in a statement.

The bank first launched the festive offer from 1st October and then its lending rate varied from 11.2% to 12.75 % in case of floating home loans. Now this would be 10.7% to 12.25% under the revised new offer.

For auto loans up to three years, the new rates will be 13% and those above three years, it is 13.50%, the bank said.

The bank will also continue with the reduction in the processing fee on these loans by 50%, it said, adding these reductions will be valid up to December.

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Toyota launches ‘Q Celebrations’ festive service campaign

The month-long campaign will be conducted across Toyota dealerships between 10th October and 10th November

Toyota Kirloskar Motor (TKM) has launched its festive campaign ‘Q Celebrations’—a service campaign with free check up for all Toyota models across its dealerships in India.

The month-long campaign will be conducted across Toyota dealerships between 10th October and 10th November. Under this campaign, all Toyota customers visiting Toyota dealerships during campaign period will be eligible for a free 20 point check which will ensure road worthiness of vehicle & trouble free journey for Toyota customers. Also, the customers will be able to avail custom made offers which include discounts on accessories, body and paint repair discounts, insurance renewal offers, pre-paid maintenance offer and service discounts. Apart from all of these, there will be a daily lucky draw for the chauffeurs visiting the dealership during this campaign. 

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