floating new-car rate 7.60%–8.75% p.a. (-linked). GCLI changes the applicable rate as stated on the page.
-linked)
₹50 lakh in the
the separately states individual maximum ₹200 lakh and non-individual maximum ₹500 lakh
12 to 84 months
fixed-rate minimum period 37 months
No fixed minimum rupee income is published. For salaried applicants, maximum total deductions are 65%below ₹50,000 net monthly income, 75%from ₹50,000 to below ₹1.50 lakh, and 85%above ₹1.50 lakh. For self-employed applicants, the bands are 60%below ₹6 lakh gross annual income and 80% at ₹6 lakh and above.
Value awaiting review
₹1,500 + up to ₹10 lakh
₹2,000 + above ₹10 lakh
₹1,000 + under Baroda Direct Car Loan
nil for Baroda Yoddha
₹500 + for State/Central/ employees
nil when customer approaches the bank directly
Fixed-rate digital car loan follows the published car-loan rule: nil up to cumulative ₹40,000 within the first two years and after two years
Fixed 8.50%–11.05% p.a. for a new electric vehicle. Floating 7.60%–11.15% p.a. ( −0.30% to + +3.00%). A 0.05% additional rate applies on each floating slab when an individual does not opt for Group Credit Life Insurance (GCLI)
a 0.05% concession is offered for opting in, subject to the published minimum rate of 8.65% on the fixed-rate note.
Bank of Baroda says applies to all retail lending products. The current page lists at 7.90% (repo 5.25% + markup/base spread 2.65%) effective 6 December 2025 and 1-year at 8.75% effective 12 August 2026. Product-specific spreads, pricing and scheme conditions determine the applicable rate.
Up to ₹5 crore for private-use vehicles: individual borrowers up to ₹3 crore and non-individual borrowers up to ₹5 crore. Finance is up to 90% of the on-road price, so the published margin is 10%.
Up to 84 months
salaried individuals with CIBIL 726 or above may receive up to 96 months. Fixed-rate minimum is 37 months.
Value awaiting review
Salaried employees
businessmen, professionals and farmers
directors of private/public limited companies, proprietors and partnership firms
corporate entities and firms including , trusts and societies
and /. Borrower minimum age is 21
co-applicant minimum age is 18
age at the end of repayment must not exceed 70.
₹750 + for a loan up to ₹10 lakh
₹1,000 + above ₹10 lakh. The benefits section describes a 50% concession in the applicable processing charge.
Floating-rate individual: nil. Floating-rate non-individual: 4% of outstanding within six months of disbursement, nil after six months. Fixed-rate: nil part-payment up to cumulative ₹40,000within two years and nil after two years
otherwise 2% + on the entire prepaid amount when the ₹40,000/two-year limit is exceeded or the account is closed within two years.
CRG-Prime effective rate shown in Canara's official fixed-rate retail table: 8.60% p.a.
the applicable customer rate can vary by risk grade and prevailing table.
Repo Linked Lending Rate (), shown at 8.00% in the reviewed Canara rate table
spread and concessions depend on CRG grade.
No upper limit is published for a new electric vehicle
financing is up to 90% of new-vehicle cost, subject to eligibility and repayment capacity.
Up to 84 .
Salaried: minimum gross salary ₹3 lakh a year. Other-than-salaried: latest gross annual income ₹3 lakh and three-year gross-average annual income at least ₹2.50 lakh. Agriculturist applicant/co-applicant combined income: at least ₹4 lakh a year.
Value awaiting review
0.25% of loan amount, minimum ₹1,000 plus and maximum ₹5,000 plus . A 50% waiver is published for 1 July 2026 to 30 September 2026.
No rupee cap is stated. The 15% on-road margin allows finance up to 85% of price
PNB may reduce margin to 10% case by case, allowing up to 90%.
Maximum 84 monthly instalments of principal and interest
repayment begins in the succeeding month.
Gross income of at least ₹1,00,000 per month or ₹12,00,000 per year, or equivalent.
Individual with valid Indian passport and valid work visa/permit
must hold an account with PNB for at least 6 months or with another bank for the preceding 12 months. A resident-Indian relative—spouse, father, mother, son, daughter, daughter-in-law, sister or brother—must guarantee the loan
another resident Indian may guarantee only if the listed relative is unavailable. Vehicle is hypothecated to PNB and the bank branch must be named on the Joint Registration Certificate (JRC).
Current general Car Loan tariff: 0.25% of loan amount, minimum ₹1,000 and maximum ₹1,500. The tariff's documentation-charge cell is blank, not NIL. PNB's 01-10-2026 to 31-12-2026 campaign says Car Loan upfront/processing/documentation charges are fully waived
the tariff does not name the variant separately. All charges exclude /taxes.
Current Green Vehicle table: new electric four-wheeler 7.50%–9.90% p.a. by score and borrower type
new electric two-wheeler 10.90%–11.00% p.a.
↓
Union Bank's published reference benchmark is (Repo Rate), shown as 8.00% effective 13 June 2026 on the current loans-and-advances rate page. Product-specific premiums and concessions are shown separately in the retail table.
No separate Green Vehicle ceiling is published in the reviewed table
the standard vehicle page publishes no ceiling for a new four-wheeler, ₹10 lakh for a new two-wheeler and ₹20 lakh for an eligible old four-wheeler.
Value awaiting review
Value awaiting review
The applicant must meet Union Bank vehicle-loan conditions and purchase an eligible electric vehicle
the page states Green Miles is the electric-vehicle segment.
No numeric processing-fee amount or percentage is published on the reviewed product pages or in the current retail for this product family. The Union Vehicle page mentions a processing-fee cheque when applying, but does not publish the fee amount on the reviewed page.
No numeric prepayment or foreclosure charge is published on the reviewed product page or current retail table for this variant.
Green marks the most favourable compatible published number or range in each column; incomparable units and overlapping range trade-offs remain neutral. It does not account for eligibility, service, exclusions or personal suitability.
