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Showing posts with label Car Loan Interest Rates. Show all posts
Showing posts with label Car Loan Interest Rates. Show all posts

Car Loan Interest Rates

             Car Loan Interest Rates

Banks/Rates New Car Loan (Reducing) Used Car Loan (Reducing) Processing Fee Apply
HDFC Bank 10.50% - 13.00% 15.25% - 17.75%
(60 months),
15.25% - 17.75%
(48 months),
15.25% - 17.75%
(36 months),
15.75% - 18.25%
(24 months),
15.75% - 18.25%
(Upto 12 months)
Corporate Rates
13.50% - 14.25%
Rs 2625/- to Rs. 4950/-


For Corporates
Rs.1500
Magma Fincorp 11.25% - 12.00%
(upto & including 36 months)
10.75% - 11.25%
( Above 36 months to 60 months)
N.A. -
State Bank of India (SBI) 10.45% 16.95% ( Upto 36 Months)
17.20% ( Above 36 months)
0.5% of loan Amount
Bank Of Baroda 11%(Upto 5yrs)
11.50% (above 5yrs)
N.A. 0.75% (Upto 15Lacs), Max Rs.10000
0.5% (Above 15 Lacs), Min Rs.10000, No Maximum Limit
Canara Bank 11%
( Upto 36 Months)
11.50%
( Above 36 Months)
N.A. 0.1% of loan Amount (Minimum Rs. 250 ,Maximum Rs.500)
Corporation Bank 11.25%
( Upto 36 Months)
11.25%
(From 36 - 60 months),
11.75%
(From 60 - 84 months),
N.A. 1.00% of the loan amount sanctioned with a minimum of Rs. 1,000/-
Kotak Mahindra 11.50% - 13.50% 17% - 20% Rs.3300/- to Rs.4750/-
Axis Bank 11.25% - 15% 16.50% - 18% Rs.3500/- to Rs.5500/-
ICICI Bank 11.50% - 14.75%
(From 36 - 60 months),
13.75% - 16%
(From 24 - 35 months),
15.75% - 17%
(Upto 23 months)

16.50% - 18.50% Rs.2500/- to Rs.5000/-
Bank Of India 10.95% 11.75% a) Loans upto Rs.25,000/- - one time Rs.1,000/-
b) Loans above Rs.25,000/- upto Rs.25 lacs - one time 1.10% of loan amount - Min.Rs.1,500/- & Max. Rs.5,000/-
c) Loans above Rs.25 lacs - one time 0.25% of the loan amount Max.15,000/-
Federal Bank 10.95% -11.45%
(upto & including 36 months)
11.45%-11.95%
( Above 36 months to 60 months)
15.45%-15.95% Rs 1685/- to Rs 2808/-

Disclaimer: Please note that the interest rates given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.
Banks/ Financial Institutions can contact us at customercare@deal4loans.com for inclusions or updates.