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| COMPARE : CAR LOANS |
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| State Bank of Bikaner and Jaipur Car Loan |
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| Highlights |
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New Car |
Used Car |
| Loan Type |
Term Loan |
Term Loan |
| Ex-Showroom/On Road |
On Road |
On Road |
| Loan Amount |
30 times of Net Monthly Income or
2.5 times Net Annual Income.
No maximum ceiling for new cars.There is no upper limit for the maximum allowable loan amount in case of new cars.
Upto 3 years - 12.00
Above 3 years to 5 years - 12.50
Above 5 to 7 years - 13.25
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Maximum allowable loan amount is Rs 15 lakhs.
Upto 3 years - 16.00
Above 3 years - 16.25
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| Tenure |
Min. - 12 months.
Max. - 84 months.
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Min. - 36 months.
Max. - 84 months.
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| Interest Rate |
12.25 % |
16.75 % |
| Time to Process Loan |
7 days |
7 days |
| Preferred Manufacturers |
Chevrolet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota |
Chevrolet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota |
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Fees & charges
Fees & charges
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New Car |
Used Car |
| Stamp Duty |
As Per Actuals |
As Per Actuals |
| Legal, Repossession and Incidental Charges |
As Per Actuals |
As Per Actuals |
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| Comment on Charges |
Processing fee: 0.50% |
Processing fees : 0.50% |
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Special Offers
Special Privileges |
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| New Car |
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The special teaser loan scheme of the bank suggests that all New Car Loans to public sanctioned between 1 st July 2010 & 30 th September 2010 will bring 8.00% p.a. (Fixed) for first year;10% p.a. for 2 nd & 3 rd year.; Floating interest rate for 4 th and 5 th year – 3.25% above BaseRate. |
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| New Car |
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Free accidental death cover for loan outstanding. |
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Show All Auto Loans
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