Though the application is old style, the process was quite smooth. The processing of applying for a loan to disbursement took 5 calendar days with one holiday (the branch where I applied has Monday as weekly off). If not the cash transaction closure at 12.30 pm on Saturday and the holiday, the loan disbursement would have been in 2 days flat.
The only issue I am facing with the bank is, even after two years the ECS direct debit does not happen. I am manually transfering the EMI amount to the loan account. The bank isn't bothered too.
Even if there are initial delays, my personal view is stick to them, post sanction one would hardly face issues. The part prepayment and loan closure is simple and quick. You will get the NOC and the form to remove hypothetication the same day if the transaction is done during cash hours.
Am I happy with SBI Car loan, you bet.