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SBI Car Loan Amritsar: Interest Rates 2024, Eligibility, EMI Details

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SBI Car Loans in Amritsar: Apply for lowest Interest car loans in Amritsar with State Bank of India 2024. Compare EMI, Eligibility, Documents and Fees and Charges on Used, NRI and New Car loans in Amritsar.

SBI Car Loan Details – EMI / Eligibility in Amritsar

Interest Rates 8.90% to 9.70%
Loyalty Car Loan Scheme 8.85% to 9.75%
Lowest EMI Rs 1604/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 Lakh per year

Compare all major banks car loan interest rates in India here

Special Offers on SBI Car loans in Amritsar

  • No Advance EMI | Lowest EMI on car loans
  • 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

Branches of SBI in Amritsar for Car Loans

  • Tarn Taran Road, Amritsar Tarantarn Rd, Guru Amar Dass Nagar, Amritsar, Punjab 143006 ‎
  • Bhagta Wala Gate, Himatpura, Amritsar, Punjab 143006
  • Sewak Mandi, Nimak Mandi, Amritsar, Punjab 143006
  • State Bank Of India Amritsar Cantt, Amritsar, Punjab
  • Fatehgarh Churian road, Bhullar Avenue, Bhullar Colony, Amritsar, Punjab 143001
  • Lawrence Rd, Joshi Nagar, Amritsar, Punjab 143001
  • Medical Enclave, Amritsar, Punjab 143001
  • Near Alphaone GT Road, Rajinder Nagar, Maquboolpura, Amritsar, Punjab 143001

Documents Requirement for SBI Car Loans in Amritsar:

You would need to submit the following documents along with the completed application form for apply sbi car loan

  • 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

SBI Car Loan Amritsar Contact Details Customer Care Number

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

About Amritsar

Amritsar (also called Ambarsar) is a city in the northwestern Indian state of Punjab, not far from the border with Pakistan. At the center of its walled old town is the gilded Golden Temple (Harmandir Sahib), considered the holiest gurdwara, or religious complex, of the Sikh religion. It’s at the end of a causeway, surrounded by the sacred Amrit Sarovar lake, where pilgrims bathe.

Amritsar has been chosen as one of the heritage cities for HRIDAY – Heritage City Development and Augmentation Yojana scheme of Government of India.

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