Discover SBI Assured Car Loan Options - Get Assured Approval! - Personal Banking
SbI Assured Car Loan Scheme
SBI Assured Car Loan / Vehicle Loan
Features
- Name of the Scheme : SBI ASSURED CAR LOAN SCHEME
- Margin Required : 100% of Fixed Deposit for “On Road price”.
- Eligible Age Group : People with Min. age 18 Year , No upper Age limit
- Minimum Income Criteria : Income declared by applicant will be accepted.
- What will be the maximum loan amount? : Min: Rs. 1 lacs, Max: No Limit.
- EMI/NMI Ratio : Not Applicable
- Repayment period : 3-7 Years, as per customer's choice
- Interest Rate : Click here to view the interest rates
- Processing fee : Click here to view the Processing Fee
- Dial 1800-11-2211 for more information/ applying through Contact Centre
- Give a Missed Call on 7208933142 or SMS “CAR” on 7208933145 to get a call back from our Contact Centre
Documents Required for SBI Assured Car Loan / Vehicle Loan:
The following papers are to be submitted along with Vehicle loan application :
- Statement of Bank account of the borrower for last 6 months.
- 2 passport size photographs of borrower/guarantor (s).
- A copy of passport /voters ID card/PAN card.
- Proof of residence by way of tax receipts, telephone bill, electricity bill or any other document that comply with the regulatory and/or KYC requirements. Proof of official address for non-salaried individuals.
- Formalities for creation of charge on FD.
Last Updated On : Tuesday, 15-07-2025
 
      Interest Rates
6.95%
2 years to less than 3 years
6.00% p.a.
for loan amount up to Rs. 2 lacs
8.15% p.a.
for loan amount > Rs. 2 lacs up to Rs. 6 lacs
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Criteria
- Features
- Eligibility
- Terms and Conditions
 
      Interest Rates
6.95%
2 years to less than 3 years
6.00% p.a.
for loan amount up to Rs. 2 lacs
8.15% p.a.
for loan amount > Rs. 2 lacs up to Rs. 6 lacs
 
                    



 
						 
							 
                                         
                                         
                                         
                                        


 
	

