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sbbj Car Loan

Features:  Called the SBBJ CAR LOAN SCHEME, one can avail of a loan to purchase a new car, jeep, Multi Utility Vehicle (MUV) or SUV (any make or model) or an old vehicle which is up to 5 years old. The loan is available to self-employed and salaried individuals as well as to professionals. The maximum loan tenure is 7 years and one can even take a joint loan with spouse. One can get up to 85% of the loan for a new/old car if the cost is up to Rs. 6 lakh and up to 70% for a new/old car if the cost exceeds Rs. 6 lakh.

Processing Fees:  Nil

Prepayment Charges:  DNA

Down-payment:  15%-30%

Max Tenure:  4

Plan Interest Rate Min Interest Rate Max EMI Processing Fee

State Bank of Bikaner& Jaipur - New - Floating 10.4 10.55 2556 - 2563 Nil

State Bank of Bikaner& Jaipur - Old - Floating 16.75 16.75 2873 0.60% of loan amount

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A maximum of 5 providers will compete to give you the best rates (Nov 2014)

 

 

 

   

 

 
 
 
 
 
 

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