SBI Car Loan Vizag | Lowest Interest Rates 2024

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

SBI Car Loan Details – EMI / Eligibility in Vizag

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 Vizag

  • 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 Vizag for Car Loans

  • Address: Konathala Krishna Vihar,, Balacheruvu Rd, Pedagantyada, Visakhapatnam, Andhra Pradesh 530044
  • Address: Ground Floor, JNM Plaza, Gurudwara Junction, Beside IDBI Bank, Near Gurudwara, Seethammadara, Visakhapatnam, Andhra Pradesh 530013
  • Address: 10-1-8/3, FIRST FLOOR, VINAYAGAR PLAZA, CBM Compound Rd, Ram Nagar, Visakhapatnam, Andhra Pradesh 530003
  • Address: DNO. 10-50-14/3, SRIGOPIKRISHNA CHAMBERS, SIRIPURAM MAIN RD, SIRIPURAM, Visakhapatnam, Andhra Pradesh 530003
  • Address: BHPB Township, BHPV Post Visakhapatnam, Visakhapatnam, Andhra Pradesh 530012
  • Address: Main Road, Behind Swajanya Theater, Gopalapatnam, Simhachalam, Visakhapatnam, Andhra Pradesh 530027
  • Address: Sector-8 M V P Colony Visakhapatnam, Visakhapatnam, Andhra Pradesh
  • Address: Door No 39-7-56/3, Muralinagar, Madhavadhara, Visakhapatnam, Andhra Pradesh 530009
  • Address: Opp. Sri Kanya Theatre, Railway New Colony Rd, Dondaparthy, Railway New Colony, Visakhapatnam, Andhra Pradesh 530016
  • Address: D.No.10-1-29, CVSC Raghu Chambers, Sampath Vinayaka Temple Rd, Asilmetta Road, Rama Talkies, Dwaraka Nagar, Visakhapatnam, Andhra Pradesh 530016

Documents Requirement for SBI Car Loans in Vizag:

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 Vizag 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 Vizag:

Visakhapatnam is a port city on the southeast coast of India. With a population of 1,730,520, it is the second largest city in the state of Andhra Pradesh and the third largest city on the east coast.ocated 40 km (25 mi) south of Visakhapatnam, it is known locally as Bojjannakonda and is a significant Buddhist site in Andhra Pradesh.