Car Loan 

SBI Car Loan Akola, Maharashtra 444001

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SBI Car Loans in Akola: Apply for lowest Interest car loans in Akola with State Bank of India 2024. Compare EMI, Eligibility, Documents and Fees and Charges on Used, NRI and New Car loans in Akola.

SBI Car Loan Details – EMI / Eligibility in Akola

Interest Rates 8.90% to 9.70%
Loyalty Car Loan Scheme 8.85% to 9.75%
Lowest EMI Rs 1604/lakh
Processing fees Nil
Prepayment charges Nil
Repayment options Up to 7 years
Maximum loan amount Up to 4 times of net annual income
Loan approval time 30 Minutes
Maximum Finance Upto 90% of on Road Price
Min. Income 3 Lakh per year

Compare all major banks car loan interest rates in India here

Special Offers on SBI Car loans in Akola

  • No Advance EMI | Lowest EMI on car loans
  • Longest repayment tenure (7 years)
  • LTV 85% of ‘On Road Price’ of car, in case of Corporate Salary Package accounts
  • Flexibility of payment of EMI anytime during the month
  • No pre-payment penalty
  • Free Accident insurance – Optional SBI Life cover

Branches of SBI in Akola for Car Loans

  • Ramdaspeth, Tapadia Nagar, Akola, Maharashtra 444001
  • Gorakshan Rd, Kirti Nagar, Akola, Maharashtra 444001
  • SH198, Balapur, Maharashtra 444302
  • Shivalay Vihar, Khamgaon, Maharashtra 444303
  • Vidyut Nagar Colony, Paras, Balapur, Maharashtra 444109
  • State Bank Rd, Mominpurah, Balapur, Maharashtra 444302

Documents Requirement for SBI Car Loans in Akola:

You would need to submit the following documents along with the completed application form for apply sbi car loan

  • Statement of Bank account of the borrower for last 6 months.
  • 2 passport size photographs of borrower(s).
  • A copy of passport /voters ID card/PAN card.
  • Proof of residence.
  • Latest salary-slip showing all deductions
  • I.T. Returns/Form 16: 2 years for salaried employees and 2 years for professional/self-employed/businessmen duly accepted by the ITO wherever applicable
  • Proof of official address for non-salaried individuals

SBI Car Loan Akola Contact Details Customer Care Number

Call SBI’s 24×7 helpline through Tollfree 1800 11 2211 (BSNL, MTNL), 1800 425 3800 or Toll no. 080-26599990.

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