#1
4th September 2015, 02:27 PM
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CAR Loan Interest Rate in State Bank of India
For buying a new car my brother wants to take Car Loan from State Bank of India, so tell me what is the State Bank of India Car loan interest rate & eligibility criteria???
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#2
4th September 2015, 02:29 PM
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Re: CAR Loan Interest Rate in State Bank of India
Here are details about State Bank of India Car Loan scheme details: Car loan: Eligibility Age limit; You should be an individual aged 21 to 65 years Financing Net Annual Income upto Rs. 10 lac 85% of 'On-road Price' Net Annual Income more than Rs. 10 lac 85% of 'On-road Price' Interest rates: For all tenures For Term Loan and Overdraft: 0.45% above Base Rate, i.e. 10.45% p.a. ( for MEN) 0.40% above Base Rate, i.e. 10.40% p.a. ( for WOMEN) Documents Required Statement of bank account for last 6 months. 2 passport size photographs Proof of Identity Address Proof Income Proof: Latest Salary Slip, Form 16 I.T. Returns or Form 16 for the last 2 years |
#3
26th November 2015, 01:58 PM
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Re: CAR Loan Interest Rate in State Bank of India
Hello sir I want to take Car Loan from State Bank of India so please provide me the interest rate details of this bank for this type of loan.
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#4
26th November 2015, 02:08 PM
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Re: CAR Loan Interest Rate in State Bank of India
SBI offers the best deal for financing new car. It offers lowest interest rates, lowest EMI, minimal paperwork and quick disbursement. Salient features of SBI Loan Lowest Interest Rates & EMI; Longest Repayment Tenure (7 years); Financing on ‘On-Road price': On-Road price includes Registration, Insurance and Extended Warranty/ Total Service Package/ Annual Maintenance Contract/ Cost of Accessories Interest calculated on Daily Reducing Balance; No Pre-Payment Penalty or Foreclosure Charges; No Advance EMI; Purpose For purchase of new passenger cars, Multi Utility Vehicles (MUVs) and SUVs Eligibility To avail an SBI Car Loan, you should be an individual aged 21 to 65 years depends on your income and max. Loan amount Auto Loans Interest Rates |