SBI Car Loan Ranchi | Lowest Interest Rates 2024 | Information
Apply for SBI Car Loans in Ranchi: Get lowest Interest car loans in Ranchi with State Bank of India. Compare EMI, Eligibility, Documents and Fees and Charges on Used, NRI and New Car loans in Ranchi.
SBI Car Loan Ranchi 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 Ranchi
- 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 Ranchi for Car Loans
- Address: Main Rd, Upper Bazar, Ranchi, Jharkhand 834001
Documents Requirement for Loans in Ranchi:
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
About Ranchi:
Ranchi is the capital of the Indian state of Jharkhand. Ranchi was the centre of the Jharkhand movement for a separate state for the tribal regions of South Bihar, northern Orissa, Western West Bengal and the present eastern Chhattisgarh.
Points of interest: Jagannath Temple, Ranchi
