SBI Car Loan – You have an Option to go through SBI Car Loans Scheme which offers: – Lowest interest rate, Low processing fee, processed through speedy delivery channels with total transparency.

SBI – Financing for ON ROAD PRICE which include vehicle registration charges, insurance, one-time road tax and accessories.

SBI Car Loan scheme offers to purchase:

• A new car, jeep, Multi Utility Vehicle (MUV) or SUV (any make or model)

Benefits of SBI Advantage Car Loan Scheme:

outstanding service and lower costs. A quick survey of similar schemes available elsewhere and you will find that SBI Car Loans for new and old vehicles offer you:

• Lowest interest rates
• Longer repayment period of upto 84 months or 7 years.
• No hidden costs or administrative charges.
• Finance for one-time road tax, registration fee, insurance premium and accessories
• No advance EMIs
• Complete clearness: Interest on daily reducing balance method. When you pay one instalment, the interest is automatically calculated on the reduced balance thereafter.

Always compare the Equated Monthly Instalments (EMIs) and the total payments you would be required to make and not the rates of interest.

The SBI Advantage Car Loan Scheme

Purpose

Term Loans & Overdraft will be sanctioned by the Bank for purchase of new passenger cars, Multi Utility Vehicles (MUVs) and SUVs with minimum loan component of Rs. 5.0 lakh and above.

Take over of existing loan from other Bank/Financial institution (Conditions apply)