Car Loan 

SBI Car Loan Odisha | Lowest Interest Rates 2024 | Information

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

SBI Car Loan Odisha 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 Odisha

  • 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 Odisha for Car Loans

  • Address: Mahaveer Complex, CRP Square, Near Priyadarshini Market, Bhubaneswar, Odisha 751012

  • Address: Shikhar Chandi Road, Patia, Chandrasekharpur, Bhubaneswar, Odisha 751024

  • Address: Near Central Bank, Rail Vihar Road, Rail Vihar, Bhubaneswar, Odisha 751023
  • Address: Jayadev Vihar Plot No. 2093,Rath complex,Ekamra Kanana Road, Nayapalli, Bhubaneswar, Odisha 751013
  • Address: Gajapati Nagar, Bhubaneswar, Odisha 751013

  • Address: Near UCO Bank, Kalinga Nagar, Patrapada, Bhubaneswar, Odisha 751019

  • Address: Plot No. 53 ,Loknath Enclave, Ganga Nagar Square,Near Raghunath Temple, Ganga Nagar, Bhubaneswar, Odisha 751003

  • Address: Near Maharishi College, Shaheed Nagar, Bhubaneswar, Odisha 751007
  • Address: Arunodaya Colony, Cuttack, Odisha 753012
  • Address: LIC Colony, Cuttack, Odisha 753003

Documents Requirement for Loans in Odisha:

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 Odisha:

Odisha, formerly known as Orissa, is an Indian state on the subcontinent’s south-east coast, by the Bay of Bengal. It is the modern name of the ancient kingdom of Kalinga, which was invaded by the Mauryan Emperor Ashoka in 261 BCE.

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