1. State Bank of India (SBI)
SBI is one of the most trusted banks in India offering competitive car loan interest rates. The bank provides up to 90% of the on-road price of the car with flexible repayment options up to 7 years.
2. HDFC Bank
HDFC Bank offers car loans with quick approvals and minimal documentation. With interest rates starting at 7.95%, it provides loan amounts up to 100% of the car’s on-road price.
3. ICICI Bank
ICICI Bank provides hassle-free car loans with tenure options ranging from 1 to 7 years. Customers can avail of loans with competitive interest rates and flexible EMI options.
4. Axis Bank
Axis Bank offers car loans with easy documentation and fast processing. The bank provides up to 95% financing of the car’s on-road price with attractive interest rates.
5. Bank of Baroda
Bank of Baroda car loans are available with interest rates starting at 7.25%. The bank offers up to 90% funding and a repayment period of up to 7 years.
Choosing the right car loan provider depends on your financial requirements, interest rates, and loan tenure. Compare the terms and conditions of each lender before making a decision.
