Car Loan





Check List Of Documents For SBI Auto Loans

Check List Of Documents For SBI Auto Loans

Following are the documents to be furnished by applicant for SBI Auto loans:

SBI Personal Car Loan Features (New, Used, Certified Pre-Owned and Reimbersement)

image of SBI Auto loan

SBI provides, different car loan schemes in the personal banking sector which attracts many common features. They are listed here with individual details. All are considered to be Term loans for purchase of New / Used / Certified Pre-owned passenger cars, Multi Utility Vehicles (MUVs) and SUVs. Used and Certified Pre-Owned car, MUV, SUV upto 5 years old.

SBI Loan Processing Fee - Personal Finance

SBI Bank Loan Processing Fee Details In Personal Finance

Processing fee details of SBI Personal Finance products are given below. The complete and updated details are to be checked with SBI website.

SBI Certified Pre-Owned Car Loan

SBI Certified Pre-Owned Car Loan

SBI provide the best car loan scheme for purchasing of Certified Pre-owned Car, not more than 5 years old. This loan would be the best choice for people who wish to test a car for a short period and then buy a brand new luxury car in the later stage.

SBI NRI Car Loan Scheme - Details and Documents Required

Image of NRI Car Loan

A major misunderstanding noticed among overseas Indians who wish to avail a car loan can be had from the bank without involvement of any others. It is mandatory requirement for every NRI loan could be passed only if person has a close relative who will be the principal applicant. More clearly, the actual Borrower or applicant should be a resident Indian of the NRI Guarantor.

SBI SME Auto Loan (SBI FRTO Loan)

SBI SME Auto Loan (SBI FRTO Loan)

SBI SME Auto loan allows Small and Medium Entrepreneurs (SME) for buying new and old vehicles such as auto-rickshaw, car, jeep, MUV of any model. Old vehicles should not be older than 4 years and be passed by the bank's assessment. This Term loan scheme also known as Finance for Road Transport Operators - FRTO.

SBI Credit Khazana Scheme for Housing Loan Customers

SBI Credit Khazana Scheme for Housing Loan Customers

SBI Housing loan customers are offered to utilize this concessional facility called Credit Khazana. When they apply for other additional loans like car loan, personal loan etc., through Credit Khazana offer, interest and margin money will be fixed after permitting some percentages reduction.

SBI Used Car Loan Scheme

Representative image - Used car for sale

SBI provides the best car loan scheme for you to take a loan for purchase of used car, not more than 5 years old. Featuring no Advance EMI, longest repayment tenure (7 years), lower interest rates, lower EMI, LTV 85% of ‘On Road Price’ of car (includes registration, insurance and cost of accessories worth Rs 25000), interest Calculated on Daily Reducing Balance, Flexibility of payment of EMI any time during the month, low pre-payment penalty ie. only 2%, low processing fee (only 0.50% of loan amount), free Accidental insurance, optional SBI Life cover.