Explore Auto Loan Rates: SBI Transparent Approach! - Interest Rates
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: 8.25%) |
|
From 8.40% to 9.35% |
|
Loyalty Car Loan Scheme |
From 8.35% to 9.30% |
|
SBI Green Car Loan (For Electric Cars) |
From 8.30% to 9.35% |
|
Scheme |
(1-year MCLR: 8.70%) |
|
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 14.55% |
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 |
8.40 |
8.50 |
|
775-799 |
8.55 |
8.65 |
|
757-774 |
8.65 |
8.75 |
|
721-756 |
8.90 |
9.00 |
|
700-720 |
9.15 |
9.25 |
|
650-699 |
9.25 |
9.35 |
|
Based on RSM Score – NTC (101-200) |
||
|
RSM Score |
3-5 Years |
Above 5 Years |
|
Rate of Interest (%) |
Rate of Interest (%) |
|
|
>=71 |
8.65 |
8.75 |
|
41-70 |
8.90 |
9.00 |
Mean Rate for Auto Loans for Quarter 1 (FY 26-27): 9.08%
Last Updated On : Friday, 11-09-2026
Interest Rates
6.95%
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
6.95%
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




