S
Car Loan
SBI Car Loan
by State Bank of India
Lowest interest rate car loans from India's most trusted bank.
Interest Rate
8.50% - 10.15% p.a.
Processing Fee
₹1,000 - ₹5,000
Min Amount
₹1,00,000
Max Amount
₹50,00,000
Key Features
- Low interest rates
- Minimal documentation
- Pre-approved car loans
- No foreclosure charges after 12 months
Benefits
- Trusted brand
- Pan-India branch network
- Green car loan option
- Special rates for existing customers
Eligibility Criteria
- Age: 21-65 years
- Salaried, self-employed or pensioners
- Minimum income: ₹15,000/month
- CIBIL score: 650+
About This Product
SBI Car Loan offers competitive interest rates starting from 8.50% p.a. for new cars with minimal documentation. Special rates for existing SBI customers and defence personnel.
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