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‘ZipDrive’ Instant Auto Loan Facility—By HDFC Bank

Published on July 05, 2020
Current Context: HDFC Bank has announced to offer instant auto loan named as ‘Zipdrive’ to its customers.
‘ZipDrive’ Instant Auto Loan Facility—By HDFC Bank
  • This instant loan facility will be offered to its customers in about 1000 cities i.e. in tier 2 and tier 3 cities of India.
  • The Zipdrive loan facility will be offered only for customers with preapproved offers.
  • This instant auto loan is a technology-enabled loan product and the credit assessment is done by banking software and the loan will be offered within 10 seconds.
  • Static Part: 
    • HQ of HDFC Bank: Mumbai
    • MD of HDFC Bank: Aditya Puri

Question: 

Q.1 Which Bank offers ‘ZipDrive’ Instant Auto Loan Facility?
a. Axis Bank
b. IDBI Bank
c. SBI Bank
d. HDFC Bank
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