Subject : RBI new interest rates on the auto loan.
Dear Customer,
This is to notify you that as per RBI guidelines, the new interest rates on auto loans have been revised from the previous 9% to 9.5% now. This will come into effect from 1st January.
Please find attached all the revised rates for your auto loan. In case of any confusion please feel free to contact your Branch Manager for further clarification.
Thank
XYZ Bank
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