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Auto Loans
  • Auto Loans

Auto Loans Interest Rates

(Fixed Rate-Interest Rate applied at the time of disbursement will remain same for the entire loan period)

Scheme (1-year MCLR: 8.85%)

i) SBI Car Loan,
ii) NRI Car Loan,
iii) Assured Car Loan Scheme

 

From 9.05% to  10.00%

Loyalty Car Loan Scheme

SBI Car Loan, NRI Car Loan

From 9.00% to 9.95% (CIC Based rates are applicable)

SBI Green Car Loan (For Electric Cars)

From 8.95% to 9.65%

Certified Pre-owned Car Loan Scheme

From 11.60% to 15.10% (CIC Based rates are applicable).

SBI Two-Wheeler Loan

13.20% to 14.70% (0.50% Concession available for EV)

 

Finer pricing for New Car Loans based on CIC scores 

CIC Score

Term of Loan

3-5 Years

Above 5 Years

800 & above

0.20% + 1 Year MCLR

9.05%

0.30% + 1 Year MCLR

9.15%

775 - 799

0.35% + 1 Year MCLR

9.20%

0.45% + 1 Year MCLR

9.30%

757-774

0.45% + 1 Year MCLR

9.30%

0.55% + 1 Year MCLR

9.40%

721-756

0.70% + 1 Year MCLR

9.55%

0.80% + 1 Year MCLR

9.65%

700-720

0.95% + 1 Year MCLR

9.80%

1.05% + 1 Year MCLR

9.90%

650-699

1.05% + 1 Year MCLR

9.90%

1.15% + 1 Year MCLR

10.00%

-1 (NTC)

9.30% to 9.65%

 

Super Bike Loan Scheme

S.No.

CIBIL Score

Salaried customers / Defense / Pensioners

Others

1

>=741

3.50% + 1 Year MCLR

12.35%

4.50 + 1 Year MCLR

13.35%

2

731-740

5.00% + 1 Year MCLR

13.85%

6.00 + 1 Year MCLR

14.85%

3

700-730 and (New to Credit)

10.75% + 1 Year MCLR

19.60%

11.75 + 1 Year MCLR

20.60%

Last Updated On : Tuesday, 16-07-2024

Interest Rates

9.05% p.a.

 

*T&C Apply.

 

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