Car Loan Eligibility

Bank

Interest Rates

Maximum Loan Amount

EMI per lakh for Max Tenure

SBI Car Loan

9.20% Floating

85% of on-road price

Rs. 1,619 upto 7 years

ICICI Bank Car Loan

10.75% Fixed

100% of ex-showroom price

Rs. 1,699 upto 7 years

Kotak Bank

11.50% Fixed

90% of ex-showroom price

Rs. 2,199 upto 5 years

Axis Bank

9.25% Fixed

90% of ex-showroom price

Rs. 1,478 upto 8 years

IndusInd Bank

10.65% Fixed

85% of ex-showroom price

Rs. 2,157 upto 5 years

HDFC Bank Car Loan

9.00% Fixed

100% of ex-showroom price

Rs. 1,609 upto 7 years

United Bank of India

8.95% Floating

85% of on-road price

Rs. 1,606 upto 7 years

PNB

8.75% Floating

85% of on-road price

Rs. 1,596 upto 7 years

Central Bank of India

8.90% Floating

90% of on-road price

Rs. 1,604 upto 7 years

Andhra Bank

9.25% Fixed

85% of on-road price

Rs. 1,622 upto 7 years

IDBI Bank

9.10% Fixed

90% of ex-showroom price

Rs. 1,614 upto 7 years

Bank of Baroda

8.80% Floating

85% of on-road price

Rs. 1,599 upto 7 years

Bank of India

9.10% Floating

85% of on-road price

Rs. 1,614 upto 7 years

Bank of Maharashtra

9.00% Floating

85% of on-road price

Rs. 1,609 upto 7 years

Indian Bank

9.40% Floating

85% of on-road price

Rs. 1,629 upto 7 years

OBC

9.05% Floating

85% of on-road price

Rs. 1,611 upto 7 years