| Are you in need of car loan? Are you planning to buy | | | | same on both new and used vehicles that amount to |
| a multi utility vehicle? Well, SBI can help you out in | | | | 15% of road price. |
| providing a loan with nominal interest rates. SBI | | | | One can get cheap rates in India through State Bank |
| offers finance to its customers from its 12,000 | | | | of India. SBI car loan rates are not only cheap but it |
| branches all over India in addition to the personal | | | | also avoids the hassle of paying EMI in advance. Ezee |
| banking branches of the customer. | | | | car loan scheme of SBI is offering the loan at 8% |
| SBI provides the car loan on the purchase of new | | | | per annum for first year and 10% for second and |
| car, jeep and also on the used car or jeep provided | | | | third year. This means EMI for the loan would be |
| that the vehicle is not more than 5 years old. | | | | very low. SBI loan rates according to Ezee loan |
| Maximum limit of loan amount amounts to be 2.5 | | | | scheme is best available choice for all those who are |
| times more than the net annual income of the | | | | panning to return the loan in next 3-5 years. SBI |
| person, which should not be less than Rs 1 lakh. | | | | rates are cheaper and one can lock these rates |
| However, there is no upper limit to this loan. | | | | keeping in mind the hiking prices. Unlike other banks, |
| Registration, insurance and one time road tax are also | | | | administration charges are not included. |
| included in the loan amount. Margin charged by SBI is | | | | |