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Electric vehicle loans

Compare finance that explicitly covers electric cars or electric two-wheelers, including published EV concessions.

2 products

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SBI Green Car LoanState Bank of India
8.75% to 9.85% p.a.
Not published
Up to 100% of on-road price, subject to applicant-category income multiples
36 to 96 months
  • ₹3 lakh for specified employees and tax assessees
  • ₹4 lakh for agriculture and allied activities
Same new-car fee bands: ₹1,000 to ₹3,000 for salaried/pensioner customers or ₹1,500 to ₹4,000 for non-salaried customers, plus GST
Not published
SBI Two-Wheeler LoanState Bank of India
  • 11.70% to 15.70% p.a.
  • electric two-wheelers receive a published 0.50 percentage-point concession
Not published
₹50,000 to ₹3 lakh, also capped at six times net monthly income and the applicable EMI/NMI ratio
60 months
  • ₹10,000 net monthly for salaried applicants and pensioners
  • ₹1.5 lakh net annual for others
  • 3% of loan amount plus GST
  • 50% waiver for Salary Package customers
Not published

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.