26 October, 2023
Besides celebrations, lavish meals and family get-togethers, the festive season in India is synonymous with new beginnings. Since festivals like Navratri, Dusshera, Dhanteras and Diwali are considered auspicious, many people choose to start new ventures and make big-ticket purchases during this time of the year. And one of the most popular purchases that you often see around this time of the year is private vehicles - cars, in particular. With the right car, your life can become so much easier. You can travel comfortably, wherever and whenever you want!
So, with festivals like Navratri, Dusshera and Diwali on the horizon, here are nine reasons that this is the perfect time to buy your dream car.
Landmark decision
Buying a car is a milestone for most people. The chances are that you’ve been planning and saving up to buy your dream car since you landed your first job. Or perhaps you want to upgrade from your modest two-wheeler and buy a car that makes travelling comfortable for your growing family. Besides, a car is aspirational and is often viewed as a status symbol. And the festive season is an ideal time to make this expensive purchase by invoking the blessings of the almighty. Here's a guide to help you pick the right car.Auspicious timing
It is believed that when you make valuable purchases during this period, you welcome an abundance of good luck and prosperity. The festive months also see many automobile brands offer attractive offers and deals. From complimentary car accessories and gifts to discounted car insurance premiums, you can take advantage of many lucrative offers when you buy a car during Navratri.Safe travels
In the wake of the recent pandemic, having your own car that can accommodate your entire family can ensure the safety of your loved ones whenever you have to travel. It can also offer you peace of mind if you have to travel back and forth from work, especially if you have children or elderly persons at home. You can safely travel for holidays and road-trips with a car of your own.Technological innovations
Today's cars are equipped with cutting-edge technology and smart features like touch screen navigation, voice-enabled commands, parking assists, push-start buttons, sensor activation, automatic functions and many other advanced features. And the best part is that these features are available in cars across the board - from hatchbacks to sedans and premium SUVs to off-roaders. Hence, now is a great time to purchase your first car or even replace your old car with one that is more in line with the times. Since cars are meant for long-term use, by getting one that is packed with the latest features, you can use it for several years without worrying about it becoming outdated.Compliance with the latest standards
As per the new rules issued by the government of India, all cars sold from April 2020 onwards need to be BS-VI compliant. This means that they need to follow the latest emission norms and fuel standards set by the government. And with many fuel stations across the country now dispensing BS-VI fuel, this makes it more important to have the right vehicle. Hence, buying a car that adheres to the latest pollution standards and limits environmental damage can address concerns of declining air quality and increasing pollution levels.More road trips
Road trips are seeing a surge. Inter-city and inter-state road trips are becoming popular. So, if you and your family are missing vacationing together, a spacious car can make those short (must-have) getaways a possibility.Contribute to the economy
An important effect of exercising your purchasing power during this time will contribute to bringing the country's economy back on track. The auto industry, like many others, has been grappling with challenges brought on by the pandemic in the past couple of years. And your car purchase can contribute to not just to the auto industry but can drive up overall economic growth. Especially considering that during the festive season you also try to help others, your purchase of a new car could go a long way in supporting businesses!Ayudhya Puja
The Hindu festival of Ayudhya Puja that falls on the last day of Navratri holds special significance. It is a day to express gratitude to all machinery and instruments that are an integral part of your life. It is believed that the reverence of vehicles on Ayudhya Puja brings success and contributes to their longevity. So, this Ayudhya Puja is the one of the most auspicious times to buy a car.Banks loan offers
As with every year, banks have jumped on the festive bandwagon and are rolling out attractive offers on loans for automobiles. Standing tall amongst these is HDFC Bank Festive Treats, which is offering affordable Car Loans to help dreams come true. With the HDFC Bank custom-fit Car Loan offer, you can avail up to 100% on-road funding and zero foreclosure charges* (terms and conditions apply).
Unlock your dream and drive it home today!
Take advantage of festive season car deals w
ith HDFC Bank Festive Treats! Our Xpress Car Loan is quick and comes with benefits. All you have to do is:
Check your loan offer.
Input your car and dealer details.
Complete your KYC.
Your loan amount is disbursed shortly.
The top features of the Xpress Car Loans include:
Competitive interest rates: With Xpress Car Loans, you can enjoy interest rates starting from 8.80% p.a.
Zero foreclosure charges: Repay your Car Loan before the tenure ends to save up on interest costs.
100% financing: We provide 100% financing for select vehicles
Higher loan amount: Get a loan amount of up to ₹25 lakh with Xpress Car Loans.
Flexible tenures: With tenures ranging from 12 to 84 months, you can select one that suits you the best.
Real-time approval: Your loan gets approved on a real-time basis on the Xpress Car Loan platform. This way, you can drive home your car almost instantly.
Quick disbursal: Funds are disbursed quickly to your car dealer.
Go ahead and book the perfect car for you and your family to brighten up this festive season and make the most of the bumper deals offered on our Custom-fit Car Loan. With the help of HDFC Bank Auto Loans you can buy your dream car this festive season and travel in utmost style and comfort!
*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Car Loan at the sole discretion of HDFC Bank Limited. Loan disbursal is subject to documentation and verification as per Bank's requirement. Interest rates are subject to change. Please check with your RM or closest bank branch for current interest rates.