Monday 22 October 2012

Car Loan Interest Rates

 Car Loan Interest Rates






Banks/Rates
New Car Loan (Reducing) Used Car Loan (Reducing) Processing Fee Apply
HDFC Bank 11.50% - 12.25% 15.25% - 17.75%
(From 49 - 60 months), (60 months),
11.50% - 12.25% 15.25% - 17.75%
(From 36 - 48 months), (48 months), Rs 2325/- to Rs. 4275/-
11.25% - 12.00% 15.25% - 17.75%
(Upto 36 months) (36 months), For Corporates
15.75% - 18.25% Rs.1500
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)
17.50% ( Above 36 months) 0.5% of loan Amount
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%
11.35% - 11.70%
(for SRTOs
Covered under CGTMSE) N.A. 0.5% of loan Amount
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%
(From 36 - 60 months), 16.50% - 18.50% Rs.2500/- to Rs.5000/-
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%
(upto & including 36 months)
12.20% to 12.70%
( Above 36 months to 60 months) 15.70% - 16.20% Rs1685/- to Rs 2808/-

No comments:

Post a Comment