SBI Car Loan Jalandhar | Lowest Interest Rates | Information

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

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SBI Car Loan Jalandhar Information

Interest Rates 7.65% to 8.35%
Loyalty Car Loan Scheme 7.60% – 8.30%
Lowest EMI Rs 1539/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 100% of on Road Price
Min. Income 2.50 Lakh annual

Offers on SBI Car loans in Jalandhar

  • 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 Jalandhar for Car Loans

      • Address: P.B. No. 1, Model Town Rd, Near Scooter Chowk, Shastri Nagar, Civil Line, Jalandhar, Punjab 144001
      • Address: Sports And Surgical Complex, Kapurthala-Jalandhar Rd, Near Central Bank, Basti Bawa Khel, Jalandhar, Punjab 144021
      • Address: Jalandhar-Nakodar Rd, Jalandhar, Punjab 144001
      • Address: Mai Hiran Gate, Pathankot Rd, Neela Mahal, Jalandhar, Punjab 144008
      • Address: Tanda Rd, Near State Bank of Patiala, KMV, Aman Nagar, Jalandhar, Punjab 144001
      • Address: JP Nagar Rd, Virdi Colony, Harbans Nagar, Jalandhar, Punjab 144001
      • Address: Sodal Rd, Near Sodal Phatak,Opposite Arora Salon, Shiv Nagar, Industrial Area, Jalandhar, Punjab 144004
      • Address: Nehru Garden Rd, Railway Station, Gobind Garh, Fentonganj, Jalandhar, Punjab 144001
      • Address: Mahavir Marg, New Grain Market, Gopal Nagar, Jalandhar, Punjab 144008
      • Address: Jalandhar Cantt, Jalandhar, Punjab 144005

Documents Requirement for Loans in Jalandhar:

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 Jalandhar:

Jalandhar is a city in the north-western Indian state of Punjab. The oldest city in Punjab. In recent years it has seen rapid urbanisation and developed into a highly industrialised centre of commercial activity.