Will Auto Interest Rates Drop In 2024 In India. Currently, bank of india offers the lowest auto loan interest rates, starting from just 8.25% per annum. Union budget 2024 auto sector live updates:
Some believe we could see a dip in auto loan rates if the federal reserve decides to cut. According to the data released by the ministry of statistics and programme implementation, india’s retail inflation dropped below rbi’s target in july 2024 to 3.54.