Sbi Car Loan
Features: One can get a car loan to buy an old or a new car along with the option of balance transfer. There is no ceiling on the loan amount for new cars. The loan amount for used car is subject to a maximum limit of Rs 15 lakh.
Processing Fees: 0.5% of loan amount or min Rs 500 and max Rs 10000
Prepayment Charges: 2% of principal amount prepaid
Down-payment: 15%
Max Tenure: 4
| Plan | Interest Rate Min | Interest Rate Max | EMI | Processing Fee |
|---|
SBI - Old - Floating
15.0
15.0
2783
0.5% of loan amount or min Rs 500 and max Rs 10000
| SBI - Old - Floating | 15.0 | 15.0 | 2783 | 0.5% of loan amount or min Rs 500 and max Rs 10000 |
SBI- EZEE Car Loan Scheme
8.0
8.0
2441
0.5% of loan amount, min Rs 500/- and max Rs10,000/-
| SBI- EZEE Car Loan Scheme | 8.0 | 8.0 | 2441 | 0.5% of loan amount, min Rs 500/- and max Rs10,000/- |
SBI - New - Floating
11.25
11.25
2597
0.50% of loan amount or min Rs 500 and max Rs 10000
| SBI - New - Floating | 11.25 | 11.25 | 2597 | 0.50% of loan amount or min Rs 500 and max Rs 10000 |