Car Loan 

SBI Car Loan Indore | offers | Interest Rates 2024 | Eligibility | EMI

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

SBI Car Loan Indore Information

Interest Rates 8.40% to 9.25%
Loyalty Car Loan Scheme 8.40% to 9.20%
Lowest EMI Rs 1579/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 3.00 Lakh annual

Offers on SBI Car loans in Indore

  • No Advance EMI | Lowest EMI
  • 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

Major Branches of SBI in Indore for Car Loans

  • Address: Nehru Stadium, GPO, Ushaganj, White Church Colony, Indore, Madhya Pradesh 452001

Documents Requirement for Loans in Indore:

You would need to submit the following documents along with the completed application form:

  • 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

About Indore:

Indore is the largest city of the Indian state of Madhya Pradesh and the most populous metropolitan area in central India. It serves the headquarters of both Indore District and Indore Division
Famous Places in Indore: IIM Indore, IIT Indore, Lal Bagh Palace, Kishanpura Chhatri, Central Museum, Water parks, Tafreeh Garden

SBI Car Loan Contact Centre / Contact Details / Customer Care Indore: 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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