Car Loan 

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

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

SBI Car Loan Hyderabad 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 Hyderabad

  • 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 Hyderabad for Car Loans

  • Sri Sai Nagar, Madhapur, Hyderabad, Andhra Pradesh
  • 3-4-769/10, Barkatpura, Kachiguda, Hyderabad, Andhra Pradesh 500027
  • ashoka myhome chambers sp road, Hyderabad, Andhra Pradesh
  • Sitaram Bagh-Dhoolpet Rd, Mangalghat, Hyderabad, Andhra Pradesh
  • Masab Tank,Near Pension Office Signal, Road Number 1, Shyam Rao Nagar, Banjara Hills, Hyderabad, Andhra Pradesh 500034
  • Barkatpura, Kachiguda, Hyderabad, Andhra Pradesh
  • # 6-71, Bhavani Nagar Rd, Krishna Nagar, Dilsukh Nagar, Hyderabad, Andhra Pradesh 500060
  • maghana towers,, Sri Sai Nagar, Madhapur, Hyderabad, Andhra Pradesh
  • 20-6-479/1, Lal Darwaza Crossroads, Shah Ali Banda Rd, Shalibanda, Hyderabad, Andhra Pradesh 500065

Documents Requirement for Car Loans in Hyderabad – 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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