New Car Loan (Reducing) |
Used Car Loan (Reducing) |
Processing Fee |
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HDFC Bank |
11.50% - 12.25%
(From 49 - 60 months),
11.50% - 12.25%
(From 36 - 48 months),
11.25% - 12.00%
(Upto 36 months)
Corporate Rates
10.50% to 12.50%
(From 36 - 60 months) |
15.25% - 17.75%
(60 months),
15.25% - 17.75%
(48 months),
15.25% - 17.75%
(36 months),
15.75% - 18.25%
(24 months),
15.75% - 18.25%
(Upto 12 months)
Corporate Rates
13.50% - 14.25% |
Rs 2325/- to Rs. 4275/-
For Corporates
Rs.1500 |
State Bank of India (SBI) |
11.25% |
17.25% ( Upto 36 Months)
17.50% ( Above 36 months) |
0.5% of loan Amount |
Bank Of Baroda |
13.25% |
N.A. |
0.75% (Upto 15Lacs), Max Rs.10000
0.5% (Above 15 Lacs), Min Rs.10000, No Maximum Limit |
Canara Bank |
12.50% (Fixed) |
N.A. |
0.1% of loan Amount (Minimum Rs. 250 ,Maximum Rs.500) |
Corporation Bank |
12% - 12.50%
11.35% - 11.70%
(for SRTOs
Covered under CGTMSE) |
N.A. |
0.5% of loan Amount |
Kotak Mahindra |
11.50% - 13.50% |
17% - 20% |
Rs.3300/- to Rs.4750/- |
Axis Bank |
11.50% - 14.50% |
16.50% - 18% |
Rs.3000/- to Rs.3500/- |
ICICI Bank |
11.50% - 14.75%
(From 36 - 60 months),
13.75% - 16%
(From 24 - 35 months),
15.75% - 17%
(Upto 23 months)
|
16.50% - 18.50% |
Rs.2500/- to Rs.5000/- |
Bank Of India |
12.50% - 13.50% |
13.50% - 14% |
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/- |
Federal Bank |
11.70% to 12.20%
(upto & including 36 months)
12.20% to 12.70%
( Above 36 months to 60 months) |
15.70% - 16.20% |
Rs1685/- to Rs 2808/- |