Car Loan Interest Rates

Car Loan Interest Rate in India Feb 2022

Bank	Car Loan Interest Rates	Lowest EMI per lakh for Max Tenure	Maximum Loan Amount
HDFC Bank Car Loan	8.70% Fixed	Rs. 1,594 for 7 years	100% of ex-showroom price
SBI Car Loan	9.20% Floating	Rs. 1,619 for 7 years	85% of on-road price
ICICI Bank Car Loan	10.75% Fixed	Rs. 1,699 for 7 years	100% of ex-showroom price
Axis Bank	9.25% Fixed	Rs. 1,478 for 8 years	90% of ex-showroom price
IndusInd Bank	10.65% Fixed	Rs. 2,157 for 5 years	85% of ex-showroom price
Kotak Bank	11.50% Fixed	Rs. 2,199 for 5 years	90% of ex-showroom price
PNB	8.75% Floating	Rs. 1,596 for 7 years	85% of on-road price
Union Bank of India	9.20% Floating	Rs. 1,619 for 7 years	85% of on-road price
Central Bank of India	9.00% Floating	Rs. 1,609 for 7 years	90% of on-road price
Andhra Bank	9.40% Fixed	Rs. 1,629 for 7 years	85% of on-road price
IDBI Bank	9.00% Fixed	Rs. 1,609 for 7 years	90% of ex-showroom price
Federal Bank	9.15% Fixed	Rs. 1,617 for 7 years	90% of ex-showroom price
Bank of India	9.50% Floating	Rs. 1,634 for 7 years	85% of on-road price
Bank of Maharashtra	9.25% Floating	Rs. 1,622 for 7 years	85% of on-road price
Corporation Bank	9.60% Floating	Rs. 1,640 for 7 years	85% of ex-showroom price
Indian Bank	9.50% Floating	Rs. 1,634 for 7 years	85% of on-road price
Bank of Baroda	8.90% Floating	Rs. 1,604 for 7 years	85% of on-road price
OBC	9.05% Floating	Rs. 1,611 for 7 years	85% of on-road price
United Bank of India	9.10% Floating	Rs. 1,614 for 7 years	85% of on-road price