Car Loan Interest Rates

Car Loan Interest Rate in India Feb 2019

Interest Rate9.00% onwards
Processing FeeUpto 2% of loan amount
Loan TenureUpto 5 years
Lowest EMI Per LakhRs. 2,162 for 5 years
Prepayment ChargesNil to upto 5%
Apply for Car Loan @ 9.00%*
Rs.
Rs.
+91

Car Loan Interest Rate Comparison for All Banks, Lowest EMI, Best Rates in India

Bank Car Loan Interest Rates Lowest EMI per lakh for Max TenureMaximum 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
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