Car Loan Interest Rate

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Banks / Rates Car Loan Interest Rates
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/-
HSBC HSBC HSBC HSBC HSBC HSBC