Four Wheeler Loan Interest Rates

 
Interest Rate 9.25% onwards
Processing Fee Min 0.22% of loan amount
Loan Tenure 3 years to 8 years
Prepayment charges NIL
Loan to Value Upto 100% of ex-showroom price
 

Interest Rate for Car Loan Comparison for All Banks, Lowest EMI,

Bank Car Loan Interest Rates Lowest EMI per lakh for Max Tenure Maximum Loan Amount
HDFC Bank Car Loan 9.25% Fixed ₹ 1,622 for 7 years 100% of ex-showroom price
SBI Car Loan 8.70% Floating ₹ 1,594 for 7 years 85% of on-road price
ICICI Bank Car Loan 8.89% Fixed ₹ 1,603 for 7 years 100% of ex-showroom price
Axis Bank 9.25% Fixed ₹ 1,478 for 8 years 90% of ex-showroom price
IndusInd Bank 10.65% Fixed ₹ 2,157 for 5 years 85% of ex-showroom price
Kotak Bank 11.50% Fixed ₹ 2,199 for 5 years 90% of ex-showroom price
PNB 8.75% Floating ₹ 1,596 for 7 years 85% of on-road price
Union Bank of India 9.20% Floating ₹ 1,619 for 7 years 85% of on-road price
Central Bank of India 9.00% Floating ₹ 1,609 for 7 years 90% of on-road price
Andhra Bank 9.40% Fixed ₹ 1,629 for 7 years 85% of on-road price
IDBI Bank 9.30% Fixed ₹ 1,624 for 7 years 90% of ex-showroom price
Federal Bank 9.15% Fixed ₹ 1,617 for 7 years 90% of ex-showroom price
Bank of India 9.50% Floating ₹ 1,634 for 7 years 85% of on-road price
Bank of Maharashtra 9.25% Floating ₹ 1,622 for 7 years 85% of on-road price
Corporation Bank 9.55% Floating ₹ 1,637 for 7 years 85% of ex-showroom price
Indian Bank 9.65% Floating ₹ 1,642 for 7 years 85% of on-road price
Bank of Baroda 8.90% Floating ₹ 1,604 for 7 years 85% of on-road price
OBC 9.05% Floating ₹ 1,611 for 7 years 85% of on-road price
United Bank of India 9.10% Floating ₹ 1,614 for 7 years 85% of on-road price