Home > Car loan > Car Loan Interest Rates

Car Loan Interest Rates

(Last updated on 02 May 2016)

Get Best Interest Rates on Car loans with Deal4loans.com

Professional Details
Loan Amount:
Occupation:
Annual Income:
City:
Banks/Rates New Car Loan (Reducing) Used Car Loan (Reducing) Processing Fee Apply
HDFC Bank 10.00% - 12.50% 14.50% - 17.50% Up to 2.5 Lakhs: Rs. 3220/-, (Above 2.5 Lac Rs.4390/- to Rs.5870/-)
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) 9.80% p.a. ( for WOMEN) 9.85% p.a. ( for OTHERS) 16.90% ( Upto 36 Months) 17.35% ( Above 36 months) Nil till 31.12.2015
Bank Of Baroda 9.90% N.A. 0.50% or Maximum Rs.10,000/-
TVS credit 15% - 17% N.A
Canara Bank 9.90 %- 9.95% N.A. 0.25% on the loan amount with a minimum of Rs.1000/- and maximum of Rs.5000/-.
Corporation Bank 10.30% (upto 50 lacs) 10.80%(above 50 lacs) 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 11.00% - 12.00% 14.50% - 16.50% Rs. 3500 to Rs. 5500
ICICI Bank 12.75%
(Up to 23 months)
12.25%
(24-35 months)
10.75%
(36-84 months)
15.50% Up to 2.5 lacs: Rs.2,500
2.5 lacs to 3.9 lacs: Rs.3,500
4 lacs to 4.9 lacs: Rs.4000
5 lacs to 9.9 lacs: Rs.4200
10 lacs & above: Rs.5000
(New Car)
2% of Loan amount or 6,000 whichever is lower(Used Car)
Bank Of India 10.40% 11.20% (Upto 3yrs) a) Individuals Loans upto Rs.5,00/- per application
b) 1% of the loan amount, Minimum Rs.500/- and Maximum Rs.10,000/- For Partnership firms/Corporates - Processing charges will be double that of individuals
c) Processing charges will be 75% that of applicable to individuals, subject to minimum of Rs.500/- in respect of loans availed by borrowers of rural from the Rural Branch.
Federal Bank 10.65% - 12.00% (Floating)
10.30 % to 11.40 % (Fixed Rate)
N.A Upto 5 Lacs - 1500/-
Above 5 lacs - 2500/-
Vijaya Bank 10.05% N.A N.A
Union Bank 10.10% 14.90% NIL (From 15th Aug 2015 to 31st Mar 2016)
IDBI Bank 10.35% N.A N.A
Dena Bank 10.10% - 10.20% N.A For Car Loan: Rs 500/- irrespective of loan amount.
Syndicate Bank 10.35% N.A As Applicable
Indian Bank 10.15% 13.20% 0.228% Maximum Rs.10146/-
United Bank Of India 10.40% 10.90% 0.50%, Minimum Rs.500/- and Maximum Rs.10000/-

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.
Back to Top
  • WRS Info India Pvt.Ltd.
    Address: E-32, Ground Floor, Sector - 8, Noida,
    Uttar Pradesh, India - 201301
    Email: contactus@deal4loans.com
  • Facebook linkedin Twitter Google plus

    DMCA.com
    © Copyright 2016, Deal4loans, India
  • Disclaimer: Information is sourced from respective Banks websites. We don't provide Loans on our own but ensures your information is sent to bank/agent which you have opted for and we do not charge any fee from our customers. We don't do short term loans. Deal4loans has no sales team on its own and we just help you to compare loans .All loans are on discretion of the associated Banks/Agents.Read More