Car Loan 

SBI Car Loan Jalandhar | Lowest Interest Rates 2024 | Information

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

SBI Car Loan Jalandhar 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 Jalandhar

  • 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 Jalandhar for Car Loans

      • Address: P.B. No. 1, Model Town Rd, Near Scooter Chowk, Shastri Nagar, Civil Line, Jalandhar, Punjab 144001
      • Address: Sports And Surgical Complex, Kapurthala-Jalandhar Rd, Near Central Bank, Basti Bawa Khel, Jalandhar, Punjab 144021
      • Address: Jalandhar-Nakodar Rd, Jalandhar, Punjab 144001
      • Address: Mai Hiran Gate, Pathankot Rd, Neela Mahal, Jalandhar, Punjab 144008
      • Address: Tanda Rd, Near State Bank of Patiala, KMV, Aman Nagar, Jalandhar, Punjab 144001
      • Address: JP Nagar Rd, Virdi Colony, Harbans Nagar, Jalandhar, Punjab 144001
      • Address: Sodal Rd, Near Sodal Phatak,Opposite Arora Salon, Shiv Nagar, Industrial Area, Jalandhar, Punjab 144004
      • Address: Nehru Garden Rd, Railway Station, Gobind Garh, Fentonganj, Jalandhar, Punjab 144001
      • Address: Mahavir Marg, New Grain Market, Gopal Nagar, Jalandhar, Punjab 144008
      • Address: Jalandhar Cantt, Jalandhar, Punjab 144005

Documents Requirement for Loans in Jalandhar:

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 Jalandhar:

Jalandhar is a city in the north-western Indian state of Punjab. The oldest city in Punjab. In recent years it has seen rapid urbanisation and developed into a highly industrialised centre of commercial activity.

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