COMPARE : CAR LOANS State Bank of India Car Loan 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 85 Min. - Rs 25000 Max. - Rs 60 Tenure Min. - 12 Yrs. Min. - 12 Yrs. Interest Rate 12.75 % 16.5 % 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 Show All Auto Loans Refine your search  Select a Manufacturer: All Chevrolet FIAT Ford GENERAL MOTORS INDIA HINDUSTAN MOTORS Honda Hyundai Mahindra Maruti Mercedes-Benz Mitsubishi Nissan Reva SAN Engineering Skoda Tata Motors Toyota  Select a Model: All  Select a Category: Salaried Self Employed  Select a Bank: All ICICI Bank Wizard home loans Magma Shrachi Finance Limited HDFC Bank Fullerton India Credit Company Kotak Bank of Baroda Bank of India Canara Bank HSBC Bank Standard Chartered Bank State Bank of India PNB AXIS BANK ABN AMRO Citi Bank Dena Bank American Express Corporation Bank Allahabad Bank UCO bank Deutsche Bank IndusInd Bank Barclays Indian Bank GE Money India Central Bank of India Tata Capital Limited Bank of Maharashtra Indian Overseas Bank Syndicate Bank Union Bank of India YES Bank Vijaya Bank Jammu & Kashmir Bank Centurion Bank of Punjab Andhra Bank Catholic Syrian Bank Federal Bank IDBI Bank Karnataka bank Oriental Bank of Commerce State Bank of Mysore State Bank of Patiala Bank Of Rajasthan Reliance Capital Ltd. ING Vysya Bank Karur Vysya Bank State Bank of Hyderabad State Bank of Indore State Bank of Bikaner and Jaipur State Bank of Travancore South Indian Bank Development Credit Bank Ltd. United Bank of India     State Bank of India Products State Bank of India Credit Cards State Bank of India Home Loans State Bank of India Personal Loans State Bank of India Fixed Deposits State Bank of India Savings Accounts State Bank of India Educational Loans COMPARE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans   CALCULATE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans   EDITORS' PICKS A chronicle of excesses by loan recovery... Effect of employment on loan eligibility... TIPS FOR ASPIRING CAR BUYERS AND OWNERS This is how a bank lends money New Vs. Used Car loan in India: Benefits...