Car Loan Interest Rates

Car Loan Interest Banks/Rates	New Car Loan (Reducing)	Used Car Loan (Reducing)	Processing Fee	Apply
HDFC Bank	11.50% - 12.25%	15.25% - 17.75%	Rs 2325/- to Rs. 4275/-
	(From 49 - 60 months),	(60 months),
	11.50% - 12.25%	15.25% - 17.75%
	(From 36 - 48 months),	(48 months),	For Corporates
	11.25% - 12.00%	15.25% - 17.75%	Rs.1500
	(Upto 36 months)	(36 months),
		15.75% - 18.25%
	Corporate Rates	(24 months),
	10.50% to 12.50%	15.75% - 18.25%
	(From 36 - 60 months)	(Upto 12 months)
		Corporate Rates
		13.50% - 14.25%
State Bank of India (SBI)	10.75%	17.25% ( Upto 36 Months)	0.5% of loan Amount
		17.50% ( Above 36 months)
Bank Of Baroda	13.25%	N.A.	0.75% (Upto 15Lacs), Max Rs.10000
			0.5% (Above 15 Lacs), Min Rs.10000, No Maximum Limit
Canara Bank	12.50% (Fixed)	N.A.	0.1% of loan Amount (Minimum Rs. 250 ,Maximum Rs.500)
Corporation Bank	12% - 12.50%	N.A.	0.5% of loan Amount
	11.35% - 11.70%
	(for SRTOs
	Covered under CGTMSE)
Kotak Mahindra	11.50% - 13.50%	17% - 20%	Rs.3300/- to Rs.4750/-
Axis Bank	11.50% - 14.50%	16.50% - 18%	Rs.3000/- to Rs.3500/-
ICICI Bank	11.50% - 14.75%	16.50% - 18.50%	Rs.2500/- to Rs.5000/-
	(From 36 - 60 months),
	13.75% - 16%
	(From 24 - 35 months),
	15.75% - 17%
	(Upto 23 months)
Bank Of India	12.50% - 13.50%	13.50% - 14%	a) Loans upto Rs.25,000/- - one time Rs.1,000/-
			b) Loans above Rs.25,000/- upto Rs.25 lacs - one time 1.10% of loan amount - Min.Rs.1,500/- & Max. Rs.5,000/-
			c) Loans above Rs.25 lacs - one time 0.25% of the loan amount Max.15,000/-
Federal Bank	11.70% to 12.20%	15.70% - 16.20%	Rs1685/- to Rs 2808/-
	(upto & including 36 months)
	12.20% to 12.70%
	( Above 36 months to 60 months)