Car Loan Banks

Zeroed in on your dream machine but short of money? Car loan allows you to acquire your dream vehicle at attractive terms and conditions. Total loan amount of your car loan is the base price of your car minus the down payment that you make. If you increase your down payment, your car loan amount is decreased in the same proportion. By increasing your down payment, you may effectively reduce your car loan tenure and EMI (Equated monthly installment) amount also. Base price of a car is its standard price excluding the add-ons like GPS device, alloy wheels etc.

Name of the Banks	Car Loan Interest Rates
Name of the Banks	New Car Loan (Reducing)	Used Car Loan (Reducing)	Processing Fees (Negotiable)
ICICI Bank	11% to 13.25%	16% to 17.5%	Rs 2500/- to Rs 5000/-
HDFC Bank	10.5% to 13.5%	16% to 19.5%	Rs 2325/- to Rs 4275/-
Kotak Mahindra	11.5% to 13.5%	17% to 20%	Rs 3300/- to Rs 4750/-
Axis Bank	11.5% to 14.5%	16.5% to 18%	Rs 3000/- to Rs 3500/-
State Bank of India (SBI)	9% to 11.5%	N.A.	0.5% of Loan Amount
Bank of India	12.5% to 13.5%	13.5% to 14%	0.5% of Loan Amount
Federal Bank	9.75% to 10.25%	N.A.	Rs 1665/- to Rs 2758/-

Car Loan Bank

State Bank of India Bank of Baroda Axis Bank Punjab National Bank Allahabad Bank Catholic Syrian Bank canara Bank State Bank of Bikaner & Jaipur Development Credit Bank State Bank of Hyderabad State Bank of Mysore Dhanlaxmi Bank State Bank of Patiala State Bank of Travancore Federal Bank Andhra Bank Bank of India HDFC Bank Bank of Maharashtra Central Bank of India ICICI Bank Corporation Bank Indian Bank IndusInd Bank Indian Overseas Bank Oriental Bank of Commerce IndiaBulls <|-- Pending Below to Create pages --> Punjab & Sind Bank Syndicate Bank Karur Vysya Bank Union Bank of India United Bank of India Kotak Mahindra Bank Vijaya Bank IDBI Bank Nainital Bank Dena Bank South Indian Bank Yes Bank