State Bank of India
BANK · Since 1955
SBI Car Loan — zero processing fee on new-car promotions, 90% on-road price financing, and a 7-year max tenure.
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 (0.5%)
Total cost of this loan
✨ interest + processing fee
New-car buyers wanting zero processing fee and SBI branch-network access for servicing.
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).
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