Get Assured Car Loan Scheme Online in India |SBI - Personal Banking
SbI Assured Car Loan Scheme
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
The following papers are to be submitted along with 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 : Saturday, 15-10-2022
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
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Criteria
- Features
- Eligibility
- Terms and Conditions
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above