Car Loan 

SBI Car Loan Bangalore | Interest Rates 2024 | Eligibility | Information

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Apply for SBI Car Loans in Bangalore: Get lowest Interest car loans in Bangalore with State Bank of India. Compare EMI, Eligibility, Documents and Fees and Charges on Used, NRI and New Car loans in Bangalore.

SBI Car Loan Bangalore Information

Interest Rates 8.40% to 9.25%
Loyalty Car Loan Scheme 8.40% to 9.20%
Lowest EMI Rs 1579/lakh
Processing fees NIL
Prepayment charges Nil
Repayment options Up to 7 years
Maximum loan amount Up to 4 times of net annual income
Loan approval time 30 Minutes
Maximum Finance Upto 90% of on Road Price
Min. Income 3.00 Lakh annual

Offers on SBI Car loans in Bangalore

  • No Advance EMI | Lowest EMI
  • Longest repayment tenure (7 years)
  • LTV 85% of ‘On Road Price’ of car, in case of Corporate Salary Package accounts
  • Flexibility of payment of EMI anytime during the month
  • No pre-payment penalty
  • Free Accident insurance – Optional SBI Life cover

Major Branches of SBI in Bangalore for Car Loans

  • Vatal Nagaraj Rd, Rajaji Nagar, Rajajinagar, Bangalore, Karnataka 560010
  • Raj Mahal Vilas 2nd Stage, Bangalore, Karnataka
  • 5, Kammanahalli Main Road, Near-Venkateswar Tent, R S Palya, Bangalore, Karnataka 560033
  • 143, 8th Cross, Margosa Road, 6th Cross, Ganesha Complex, Sampige Rd, Malleswaram, Bangalore, Karnataka 560003
  • 89/37, G J Complex, 1st Block , East Byrasandra, E Bairasandra Main Rd, 1st Block, Jayanagar, Hombegowda Nagar, Bangalore, Karnataka 560011
  • 100 Feet Rd, Indira Nagar, Bangalore, Karnataka 560038
  • State Highway 39, Chikkasandra, Jalahalli West, Bangalore, Karnataka 560073
  • Jalahalli Rd, Kammagondahalli, Jalahalli, Bangalore, Karnataka
  • MS Ramaiah Rd, Nanjappa Reddy Colony, Yeshwanthpura, Bangalore, Karnataka 560054
  • Ground floor, N Damodaran Rd, Byatarayanapura, Sahakara Nagar, Bangalore, Karnataka 560092

Documents Requirement for Car Loans in Bangalore – State Bank of India:

You would need to submit the following documents along with the completed application form:

  • Statement of Bank account of the borrower for last 6 months.
  • 2 passport size photographs of borrower(s).
  • A copy of passport /voters ID card/PAN card.
  • Proof of residence.
  • Latest salary-slip showing all deductions
  • I.T. Returns/Form 16: 2 years for salaried employees and 2 years for professional/self-employed/businessmen duly accepted by the ITO wherever applicable
  • Proof of official address for non-salaried individuals
Contact Centre / Contact Details / Customer Care

: Call SBI’s 24×7 helpline through Tollfree 1800 11 2211 (BSNL, MTNL), 1800 425 3800 or Toll no. 080-26599990.

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