HDFC Bank to Offer ZipDrive Instant Auto Loans Across 1,000 Cities in India


HDFC Bank to Offer ZipDrive Instant Auto Loans Across 1,000 Cities in India

  • HDFC Bank on Thursday announced its plans to offer ZipDrive Instant Auto Loans to customers across 1,000 cities across India.
  • ZipDrive is HDFC Bank’s instant auto loan disbursal product, exclusively for bank customers with a pre-approved offer.
  • The offering is now being extended to Tier 2 and 3 cities, such as Bhimavaram in Andhra Pradesh, Hardoi in Uttar Pradesh, Thalassery in Kerala, and Balasore in Odisha among other places, across India.
  • ZipDrive is arguably India’s fastest online auto loan offering.
  • With this state-of-the-art technology-enabled solution, from the market leader in the auto loans business, auto loans can be availed as fast as within 10 seconds.
  • Efforts to curb the spread of COVID-19 have changed consumer lifestyles and demand patterns as maintaining social distancing are necessary.
  • With ZipDrive offering, bank customers wishing to avail an auto loan need not visit a branch or any other physical touchpoints.
  • This solution gives the customer with a pre-approved loan offer the freedom to avail an auto loan from the safe confines of their homes, through Netbanking or via assistance by our phone banking team.

About HDFC Bank

HDFC Bank Ltd. is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has a base of 104154 permanent employees as of 30 June 2019. HDFC Bank is India’s largest private sector lender by assets. It is the largest bank in India by market capitalisation as of March 2020.

  • Founded-August 1994
  • Headquarters – Mumbai
  • Chief Executive Officer (CEO)- Aditya Puri

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