Compare interest rates of top 20 Car loan banks in India

Compare interest rates of top Car loan banks in India

Bank Name	Interest Rate	EMI per Rs. 1 lakh	Processing fee
Axis Bank	9.40% - 16.50%	Rs.2,095 – Rs.2,458	Rs. 3500 to Rs. 5500
Bank of Baroda	9.65% - 11.40%	Rs.2,108 – Rs.2,194	0.50% of Loan amount
Bank of Maharashtra	10.15%	Rs.2,132	0.25% of the Loan Amount (Minimum Rs.500)
Canara Bank	9.80% - 9.85%	Rs.2,115 – Rs.2,117	0.25% on the loan amount with a minimum of Rs.1,000 and maximum of Rs.5,000
Central Bank of India	9.70% - 10.10%	Rs.2,110 – Rs.2,130	0.50% of loan amount with Minimum Rs. 2000 and Maximum upto Rs 20,000
Corporation Bank	10.20% - 10.70%	Rs.2,135 – Rs.2,159	0.50% of loan amount
HDFC Bank	9.35% - 13.75%	Rs.2,093 – Rs.2,314	Rs.2,825- to Rs. 5,150
ICICI Bank	9.35% - 14.74%	Rs.2093 - Rs.2365	Rs.2,500- to Rs.5,000
IDBI Bank	9.90% - 9.95%	Rs.2,120 – Rs.2,122	-
Indian Bank	9.95%	Rs.2,122	0.229% on loan amount with a max. of Rs.10191
Union Bank of India	9.95%	Rs.2,122	0.50% of the loan amount, subject to maximum of Rs. 15,000 plus service tax
Oriental Bank of Commerce	10.20% - 10.45%	Rs.2,135 – Rs.2,147	-
Punjab National Bank	9.60% - 9.95%	Rs.2105 – Rs.2,122	1% subject to maximum of Rs.6,000 exclusive of service tax
State Bank of India	9.65% - 13.10%	Rs.2,108 – Rs.2,280	Rs. 500 + ST
Uco Bank	9.95% - 13.70%	Rs.2,122 – Rs.2,311	100% waiver of processing charges from 04.07.2016 to 31.08.2016.
Bank of India	10.15%	Rs.2,132	1% of loan amount, Min Rs.500 or Max Rs.10000 plus S.Tax
United Bank of India	10.00% - 10.50%	Rs.2,125 – Rs.2,149	0.50% of the loan amount sanctioned subject to minimum of Rs.500 and maximum of Rs.10,000
Syndicate Bank	10.20%	Rs.2,135	N.A
State Bank of Travancore	10.10% - 10.35%	Rs.2,130 – Rs.2,142	0.30% of loan amount with a minimum of Rs.1,000 and a maximum Rs.3,000
Dena Bank	9.90% - 10.00%	Rs.2,120 – Rs.2,125	Rs 500 irrespective of loan amount.

Disclaimer: Please note that the interest rates given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.

Src: Deal4loans.com

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