Car loan banks |
Interest Rates |
EMI per 1 lakh |
Processing fee |
Axis Bank Ltd |
9.40% – 16.50% |
Rs.2095 – Rs.2458 |
Rs. 3500 to Rs. 5500 |
Bank of Baroda |
9.30% – 11.05% |
Rs.2090 – Rs.2177 |
0.50% of Loan amount |
Bank of Maharashtra |
9.75% |
Rs.2112.42 |
0.25% of the Loan Amount (Min.:Rs.500/-) |
Canara Bank |
9.60% – 9.65% |
Rs.2105 – Rs.2108 |
Waived till 26.01.2017 |
Central Bank of India |
9.75% |
Rs.2112 |
0.50% of loan amount with Minimum Rs. 2000/- and Maximum upto Rs 20,000/- |
Corporation Bank |
9.85% |
Rs.2117 |
50% waived under Festival Offer-2016 (till 31-01-2017) |
HDFC Bank |
9.25% – 11.25% |
Rs.2087 – Rs.2187 |
Rs.2825/- to Rs.5150/- |
ICICI Bank Ltd |
9.35% – 14.74% |
Rs.2093 – Rs.2365 |
Rs.2500/- to Rs.5000/- |
IDBI Bank Ltd |
9.95% |
Rs.2122 |
N.A |
Indian Bank Ltd |
9.95% |
Rs.2122 |
0.229% on loan amount with a max. of Rs.10191/- |
Union Bank of India |
9.80% |
Rs.2115 |
No processing charges (offer valid till 31/03/2017) |
Oriental Bank of Commerce |
9.80% – 9.90% |
Rs.2115 – Rs.2119 |
N.A |
Punjab National Bank |
9.40% – 9.50% |
Rs.2095 – Rs.2100 |
1% of the loan amount (Max. Rs. 6000/-) |
State Bank of India |
9.60% – 9.65% |
Rs.2105 – Rs.2108 |
N.A |
Uco Bank |
9.75% |
Rs.2112 |
NIL – Festive Offer From 01.10.2016 to 31.12.2016 |
Bank of India |
9.40% |
Rs.2095 |
NIL – Festive Offer From 01.09.2016 to 31.12.2016 |
United Bank of India |
9.95% |
Rs.2122 |
Nil till 31.12.2016 |
Syndicate Bank |
9.85% |
Rs.2117 |
Nil till 31.12.2016 |
State Bank of Travancore |
9.95% – 10.20% |
Rs.2122 – Rs.2135 |
0.30% of loan amount with a minimum of Rs.1000/- and a maximum Rs.3,000/- .(Service tax extra) |
Dena Bank |
9.70% – 9.80% |
Rs.2110 – Rs.2115 |
Rs 500/- irrespective of loan amount. |