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Auto Loans

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,
ii) NRI Car Loan,
iii) Assured Car Loan,

 From 8.70% to 9.85%
Loyalty Car Loan Scheme From 8.70% to 9.80%
Green Car Loan (For Electric Cars) From 8.75% to 9.85%

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

At 1 Year MCLR

8.70%

At 1 Year MCLR

8.70%
775-799 0.05% above 1 Year MCLR 8.75% 0.15% above 1 Year MCLR 8.85%
757-774 0.25% above 1 Year MCLR 8.95% 0.35% above 1 Year MCLR 9.05%
721-756 0.55% above 1 Year MCLR 9.25% 0.65% above 1 Year MCLR 9.35%
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%

0.10% above 1 Year MCLR

8.80%
775-799 0.35% above 1 Year MCLR 9.05% 0.45% above 1 Year MCLR 9.15%
757-774 0.45% above 1 Year MCLR 9.15% 0.55% above 1 Year MCLR 9.25%
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% 1.05% above 1 Year MCLR 9.75%
-1(NTC) 9.15% to 9.50%

 Mean Rate for Auto Loans for Quarter 4 (FY 25-26): 8.78%


Last Updated On : Wednesday, 01-07-2026

Interest Rates

8.70% p.a.

*T&C Apply.

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