Bank of Baroda
Bank of Baroda Car Loan
- Among the lowest car loan starting rates
- Government bank reliability
Min salary: ₹25K · CIBIL: 700+ · Salaried · Self-employed · Professional
Mahindra Finance
NBFC · Since 1991
Mahindra Finance Car Loan with rural-India coverage, used-car financing, and low documentation requirements.
Move the sliders to see monthly EMI, total interest, and total cost of this loan.
Your actual rate depends on your credit profile, income, and employer category.
Monthly EMI
Total interest
Total payment
Processing fee (2.5%)
Total cost of this loan
✨ interest + processing fee
Rural and semi-urban buyers, and used-car purchasers needing low-documentation financing.
This is a floating-rate loan. No prepayment penalty — you can foreclose or pre-pay any amount at any time, free of charge (RBI mandate for floating-rate individual loans).
Bank of Baroda
Min salary: ₹25K · CIBIL: 700+ · Salaried · Self-employed · Professional
State Bank of India
Min salary: ₹25K · CIBIL: 700+ · Salaried · Self-employed · Professional
ICICI Bank
Min salary: ₹25K · CIBIL: 700+ · Salaried · Self-employed · Professional
Axis Bank
Min salary: ₹25K · CIBIL: 700+ · Salaried · Self-employed · Professional