New car loans

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Product and bank⇅	Interest rate⇅ Filter Interest rate %7–9%6%9–12%6	Benchmark⇅ Filter Benchmark RRLLR1MMCLR6FFixed rate3~Floating rate1 Matches any selected option	Maximum finance⇅ Filter Maximum finance ₹Up to ₹5 lakh5	Maximum tenure⇅ Filter Maximum tenure ◷Up to 1 year1◷1–5 years2◷5–10 years5	Minimum income⇅ Filter Minimum income ₹Up to ₹25,0001₹Above ₹1 lakh1	Eligibility⇅ Filter Eligibility SSalaried1BSelf-employed / business160+Senior citizen1NNRI1 Matches any selected option	Processing fee⇅ Filter Processing fee 0Nil / no fee2₹Flat rupee fee1+GST / tax additional1 Matches any selected option	Prepayment / closure⇅ Filter Prepayment / closure 0No penalty / charge6%Percentage charge4!Conditional rules1
Bank of Maharashtra Maha Super Green Car LoanBank of Maharashtra	Floating rate: 0.25 percentage point below the applicable Maha Super Car rate, subject to the RLLR - 0.60% floor current effective range 7.45%-11.50% p.a. Fixed rate for eligible loans up to ₹50 lakh and CIC above 700: 10.05%-10.75% p.a., reset after three years.	Floating: RLLR 8.05% with applicable car-loan spread less 0.25%, subject to a 7.45% floor. Fixed: 1-year MCLR 8.85% plus 1.20%-1.90%.	Individuals: ₹5 crore. Non-individuals: ₹10 crore. Eligible existing housing-loan borrowers may receive up to 100% of on-road price others have at least 10% margin.	Up to 84 months.	Salaried/pensioners: ₹25,000 gross monthly. Self-employed professionals: ₹3 lakh last-year income plus two years' ITR. Business/agriculture: ₹4 lakh last-year income plus two years' ITR. Corporate tangible net worth must be at least five times the requested loan.	Value awaiting review	Nil processing fee and nil account-handling charge.	Nil prepayment, pre-closure and part-payment charge.
SBI Assured Car LoanState Bank of India	8.40%–9.35% (fixed at disbursement)	8.25% 3-month MCLR reference the scheme rate is fixed at disbursement and does not reset with MCLR.	Minimum ₹1 lakh no published maximum ↑	36 to 84 months	The applicant's declared income is accepted the reviewed SBI page does not state a numeric minimum-income threshold for this fixed-deposit-backed scheme.	Minimum age 18 with no upper age limit declared income is accepted and EMI/NMI ratio is not applicable	Nil	Standard auto-loan prepayment is NIL. Foreclosure is 2% of theo-balance plus GST when completed within two years of disbursement actual seizure and parking charges apply if the bank seizes the vehicle.
SBI Green Car LoanState Bank of India	8.30%–9.35% (fixed at disbursement) ↓	8.25% 3-month MCLR reference the scheme rate is fixed at disbursement and does not reset with MCLR.	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	Value awaiting review	Value awaiting review	Standard auto-loan prepayment is NIL. Foreclosure is 2% of theo-balance plus GST when completed within two years of disbursement actual seizure and parking charges apply if the bank seizes the vehicle.
SBI Loyalty Car LoanState Bank of India	8.35%–9.30% (fixed at disbursement)	8.25% 3-month MCLR reference the scheme rate is fixed at disbursement and does not reset with MCLR.	Up to 100% of ex-showroom price	84 months	₹2 lakh	Existing SBI housing-loan borrower with at least one year of satisfactory post-moratorium servicing, possession taken, valid equitable mortgage, required security margin and completed sanction terms	Value awaiting review	Standard auto-loan prepayment is NIL. Foreclosure is 2% of theo-balance plus GST when completed within two years of disbursement actual seizure and parking charges apply if the bank seizes the vehicle.
SBI New Car LoanState Bank of India	8.40%–9.35% (fixed at disbursement)	8.25% 3-month MCLR reference the scheme rate is fixed at disbursement and does not reset with MCLR.	Up to 100% of on-road price, further constrained by income multiples and underwriting	Up to 84 months, with optional reduced EMI for the first six or 12 months on qualifying tenors	₹3 lakh for specified employees and tax assessees ₹4 lakh for applicants engaged in agriculture and allied activities	Value awaiting review	By loan size: up to ₹5 lakh — ₹1,000 for salaried/pensioners or ₹1,500 for non-salaried above ₹5 lakh to ₹10 lakh — ₹2,000 or ₹2,500 above ₹10 lakh — ₹3,000 or ₹4,000 plus GST.	No prepayment charge no foreclosure charge after two years
SBI NRI Car LoanState Bank of India	8.40%–9.35% (fixed at disbursement)	8.25% 3-month MCLR reference the scheme rate is fixed at disbursement and does not reset with MCLR.	Up to 90% of on-road price	7 years	US$1,000 net monthly income or US$12,000 net annual income, or equivalent in another currency	Value awaiting review	Value awaiting review	Standard auto-loan prepayment is NIL. Foreclosure is 2% of theo-balance plus GST when completed within two years of disbursement actual seizure and parking charges apply if the bank seizes the vehicle.

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.