Explore Auto Loan Rates: SBI Transparent Approach! - Interest Rates
Auto Loans
SBI Auto Auto / Vehicle Loans Interest Rates
Auto Loans Interest Rates
(Fixed Rate-Interest Rate applied at the time of disbursement will remain same for the entire loan period)
| Scheme | (1-year MCLR: 8.70%) | |
|---|---|---|
|
i) SBI Car Loan, |
From 8.70% to 9.85% | |
| Loyalty Car Loan Scheme | From 8.70% to 9.80% | |
|
Certified Pre-owned Car Loan Scheme |
From 10.45% to 15.60% (CIC Based rates are applicable). |
|
|
SBI Two-Wheeler Loan |
11.70% to 15.70% (0.50% Concession available for Electric Two-wheeler) |
|
| Super Bike Loan Scheme | 12.55% to 14.05% | |
Finer pricing for New Car Loans based on CIC scores
(A) SALARIED & PENSIONERS SEGMENT
ROI Structure |
||||
|---|---|---|---|---|
| CIC Score | Term of Loan | |||
| 3-5 Years | Above 5 Years | |||
|
800 & above |
1 Year MCLR |
8.70% |
1 Year MCLR |
8.70% |
| 775-799 | 1 Year MCLR | 8.70% | 1 Year MCLR | 8.70% |
| 757-774 | 1 Year MCLR | 8.70% | 1 Year MCLR | 8.70% |
| 721-756 | 0.20% above 1 Year MCLR | 8.90% | 0.20% above 1 Year MCLR | 8.90% |
| 700-720 | 0.95% above 1 Year MCLR | 9.65% | 1.05% above 1 Year MCLR | 9.75% |
| 650-699 | 1.05% above 1 Year MCLR | 9.75% | 1.15% above1 Year MCLR | 9.85% |
| -1(NTC) | 9.15% to 9.50% | |||
(B) NON-SALARIED SEGMENT
ROI Structure |
||||
|---|---|---|---|---|
| CIC Score | Term of Loan | |||
| 3-5 Years | Above 5 Years | |||
|
800 & above |
1 Year MCLR |
8.70% |
1 Year MCLR |
8.70% |
| 775-799 | 1 Year MCLR | 8.70% | 1 Year MCLR | 8.70% |
| 757-774 | 0.20% above 1 Year MCLR | 8.90% | 0.20% above 1 Year MCLR | 8.90% |
| 721-756 | 0.70% above 1 Year MCLR | 9.40% | 0.80% above 1 Year MCLR | 9.50% |
| 700-720 | 0.95% above 1 Year MCLR | 9.65% | 0.80% above 1 Year MCLR | 9.75% |
| -1(NTC) | 9.15% to 9.50% | |||
Mean Rate for Auto Loans for Quarter 3 (FY 25-26): 8.71%
Last Updated On : Tuesday, 10-03-2026
Interest Rates
6.95%
2 years to less than 3 years
5.75% p.a.
for loan amount up to Rs. 2 lacs
7.90% p.a.
for loan amount > Rs. 2 lacs up to Rs. 6 lacs
Loan Schemes Landing
Loan Against Securities And Consumer Durable Loans
Criteria
- Features
- Eligibility
- Terms and Conditions
Interest Rates
6.95%
2 years to less than 3 years
5.75% p.a.
for loan amount up to Rs. 2 lacs
7.90% p.a.
for loan amount > Rs. 2 lacs up to Rs. 6 lacs




