Current Context: HDFC Bank has announced to offer instant auto loan named as ‘Zipdrive’ to its customers.
- 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
a. Axis Bank
b. IDBI Bank
c. SBI Bank
d. HDFC Bank
