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Interest Rate

Car interest rate in India with apnigaari.com

Bank Name ICICI Bank HDFC Bank Kotak Mahindra Axis Bank State Bank of India (SBI) Bank Of India Federal Bank
Used Car 16.00 - 17.50% 15.25%-17.75% (60months), 15.25%-17.75% (48months), 15.25%-17.75% (36months), 15.75%-18.25% (24months), 15.75%-18.25% (Upto 12months) Corporate Rates 13.75%-15.25%(From 36-60months), 17% - 20% 16.50% - 18% 17.25% ( Upto 36 Months)17.50% ( Above 36 months) 13.50% - 14% 15.75% - 16.25%
New Car 11.00%-12.75% (From 36-60 months), 13.25-14.25% (From 24-35 months), 15.25%(Upto 23 months) 11.50%-12.25% (From 49-60 months), 11.50%-12.25%(From 36-48 months), 11.25%-12.00%(Upto 36 months) 11.50% - 13.50% 11.50% - 14.50% 11.25% 12.50% - 13.50% 12% - 12.50% (upto & including 36 months) 12.50% - 13%( Above 36 months to 60 months)
Processing Fee Rs.2500/- to Rs.5000/- Rs 2325/- to Rs. 4275/- Rs.3300/- to Rs.4750/- Rs.3000/- to Rs.3500/- 0.5% of loan Amount a) Loans upto Rs.25,000/- - one time Rs.1,000/-b) Loans above Rs.25,000/- upto Rs.25 lacs - one time 1.10% of loan amount - Min.Rs.1,500/- & Max. Rs.5,000/-c) Loans above Rs.25 lacs - one time 0.25% of the loan amount Max.15,000/ Rs 1655/- to Rs 2758/-

 

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

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