State Bank Of India Car Loan
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Introduction SBI car loan scheme has been designed to help you in purchasing your dream car. Bank charges low interest rates, and gives you easy repayment options. Bank maintains total transparency. Amount includes vehicle registration charges, insurance, one-time road tax and accessories as per conditions. Highlights New Car Used Car Loan Type Term Loan Term Loan Ex-Showroom/On Road On Road Ex-Showroom Loan Amount Min. – Rs 50000
Max. – Rs 85Min. – Rs 25000
Max. – Rs 60Tenure Min. – 12 Yrs. Min. – 12 Yrs. Interest Rate 11.25 % 15.25 % Time to Process Loan 4 days 7 days Preferred Manufacturers Chevorlet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota Chevorlet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota Fees & charges Fees & charges New Car Used Car Stamp Duty As Per Actuals As Per Actuals Pre-Payment Charges 2 % 2 % Legal, Repossession and Incidental Charges As Per Actuals As Per Actuals Eligibility Criteria Eligibility Criteria Salaried Salaried: Income Rs 12000 Age Min.: 21 Yrs. Max.: 58 Yrs. Current Employment Years 1 Yrs. Total Employment Years 2 Yrs. Documents Required: ID Proof Yes Residence Proof Yes Income Proof Yes Telephone Yes Photograph Yes Bank Statement Yes Signature Proof Yes Self Employed
Self Employed: Income Rs 10000 Age Min.: 21 Yrs. Max.: 65 Yrs. Total Employment Years 3 Yrs. Documents Required: ID Proof Yes Residence Proof Yes Income Proof Yes Telephone Yes Photograph Yes Bank Statement Yes Signature Proof Yes Published on August 2, 2010 · Filed under: Car Loan, State Bank of India Car Loan;
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