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

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

SBI Car Loan Coimbatore 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 Coimbatore

  • 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 Coimbatore for Car Loans

  • 1/12-C, First Floor, Vadavalli, Coimbatore, Tamil Nadu 641041
  • 41, Avinashi Road, Avinashi Road, Near Annasilai, Uppilipalayam, Coimbatore, Tamil Nadu 641018
  • MAHALAKSHMI COMPLEX,1114 – C, Trichy Rd, Rukmani Nagar, Puliakulam, Coimbatore, Tamil Nadu 641045
  • Dr.Radha Krishnan Rd, Tatabad, Coimbatore, Tamil Nadu
  • Abdul Rahim Rd, Red Fields, Puliakulam, Coimbatore, Tamil Nadu 641018
  • Avinashi Rd, P.N.Palayam, Coimbatore, Tamil Nadu 641018
  • Gopalapuram, Coimbatore, Tamil Nadu
  • Mettupalayam Rd, VCS Nagar, Coimbatore, Tamil Nadu
  • 7/18C, C1, SIRUVANI MAIN ROAD, State Highway 164, Perur, Coimbatore, Tamil Nadu 641010

Documents Requirement for Car Loans in Coimbatore – 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.