COMPARE : CAR LOANS
State Bank of Patiala Car Loan
Introduction
State Bank of Patiala gives car loan for purchasing new passenger cars/ jeeps/ multi utility vehicles (MUVs and SUVs). There is no ceiling on loan amount. Maximum loan amount offered by bank is 30 times the net monthly income / 2.5 times the net annual income.
Highlights
  New Car Used Car
Loan Type Term Loan Term Loan
Ex-Showroom/On Road On Road On Road
Loan Amount Maximum amount will be 30 times of the net monthly income or 2.5 times of the net annual income. Maximum amount will be 30 times of the net monthly income or 2.5 times of the net annual income.
Tenure Min. - 12 months.
Max. - 84 months.
Min. - 36 months.
Max. - 84 months.
Interest Rate 10.75 % 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 Bajaj, Chevrolet, FIAT, Ford, GENERAL MOTORS INDIA, Hero Honda, HINDUSTAN MOTORS, Honda, Hyundai, Indus, Kinetic, Mahindra, Maruti Suzuki, Mercedes Benz, Mitsubishi, Nissan, Reva, Royal Enfield, SAN Engineering, Skoda, Suzuki, Tata Motors, Toyota, TVS, Yamaha
 Fees & charges
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