Explore Auto Loan Rates: SBI Transparent Approach! - Interest Rates
Auto Loans
Auto Loans
SBI Auto Auto / Vehicle Loans Interest Rates
Auto 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 |
(3-month MCLR: 8.40%) |
|
From 8.55% to 9.50% |
|
Loyalty Car Loan Scheme |
From 8.50% to 9.45% |
|
SBI Green Car Loan (For Electric Cars) |
From 8.45% to 9.50% |
|
Scheme |
(1-year MCLR: 8.85%) |
|
Certified Pre-owned Car Loan Scheme |
From 10.60% to 15.75% (CIC Based rates are applicable). |
|
SBI Two-Wheeler Loan |
11.85% to 15.85% (0.50% Concession available for Electric Two-wheeler) |
|
Super Bike Loan Scheme |
12.70% to 14.70% |
Finer pricing for New Car Loans based on CIC scores.
|
CIC Score |
Term of Loan |
|
|
3-5 Years |
Above 5 Years |
|
|
Rate of Interest (%) |
Rate of Interest (%) |
|
|
800 & above |
8.55 |
8.65 |
|
775-799 |
8.70 |
8.80 |
|
757-774 |
8.80 |
8.90 |
|
721-756 |
9.05 |
9.15 |
|
700-720 |
9.30 |
9.40 |
|
650-699 |
9.40 |
9.50 |
|
Based on RSM Score – NTC (101-200) |
||
|
RSM Score |
3-5 Years |
Above 5 Years |
|
Rate of Interest (%) |
Rate of Interest (%) |
|
|
>=71 |
8.80 |
8.90 |
|
41-70 |
9.05 |
9.15 |
Mean Rate for Auto Loans for Quarter 2 (FY 26-27): 8.9%
Last Updated On : Thursday, 15-10-2026
Interest Rates
6.90%
2 years to less than 3 years
7.05%*
5 years and up to 10 years
*T & C Applied
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
6.90%
2 years to less than 3 years
7.05%*
5 years and up to 10 years
*T & C Applied
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




