What is the current interest rate for SBI car loan?
Auto Loans Interest Rates (Fixed Rate)
| Scheme | Interest Rate (1 year MCLR: 7.00%) |
|---|---|
| Certified Pre-owned Car Loan Scheme | From 9.25% to 12.75% |
| Super Bike Loan Scheme | 3.25% above 1 year MCLR i.e. 10.25% p.a |
| SBI Two-Wheeler Loan | 16.25% p.a. to 18.00% p.a. |
What is the EMI for 10 lakh car?
What is a car loan EMI calculator?
| Loan amount | Loan tenure | EMI |
|---|---|---|
| Rs.5 lakh | 5 years | Rs.10,477 |
| Rs.10 lakh | 1 year | Rs.87,637 |
| Rs.10 lakh | 5 years | Rs.20,953 |
| Rs.15 lakh | 1 year | Rs.1,31,456 |
What is the interest rate of car loan in HDFC Bank?
7.95%
Key Features of HDFC Bank Car Loan
| HDFC Car Loan Details | |
|---|---|
| HDFC Car Loan Interest Rate (New Car) | 7.95% onwards |
| Maximum Loan Amount | Up to Rs.3 crore |
How is EMI calculated on cars?
The Equated Monthly Instalment (or EMI) consists of the principal portion of the loan amount and the interest. Therefore, EMI = principal amount + interest paid on the Car Loan.
Can I get car loan with 30k salary?
If you have a monthly income of Rs 30,000 and aspire to buy a car, you can get a list of models including Tata Tiago, Tata Indica eV2, Maruti Suzuki Celerio, Hyundai i10 to choose from. (In Rs.) (In Rs.) (In Rs.)
Which car is best for middle class family?
The 15 Best Cars for Small Middle-Class Indian Families
- Renault Kwid. Renault Kwid | Middle-Class Family Cars.
- Maruti Suzuki WagonR. Maruti Suzuki WagonR | Middle-Class Family Cars.
- Hyundai Santro.
- Maruti Suzuki Ignis.
- Hyundai Grand i10 Nios.
- Maruti Suzuki Baleno.
- Ford Figo.
- Tata Altroz.
Which bank is best for used car loan?
Most banks and NBFCs provide used car loans….Top Lenders Offering Pre-Owned Car Loans.
| Lender | Interest Rate | Repayment Tenure |
|---|---|---|
| HDFC Bank | 13.75% – 16.00% (Rack Interest) | 7 years |
| Punjab National Bank | Starts from 7.90% | 5 years |
| Axis Bank | 14.40% – 16.40% | 5 years |
| Mahindra Finance | Contact the bank | 5 years |
How much loan can I get if my salary is 25000?
25,000, you can avail as much as Rs. 18.64 lakh as a loan to purchase a home worth Rs. 40 lakh (provided you have no existing financial obligations.)
How much car loan can I get on 20000 salary?
With the salary of Rs. 20,000 per month, you may become eligible for a maximum loan amount of Rs. 3 Lakhs. In case you do not qualify for a new car loan, you can also check your eligibility for a pre-owned car loan.
What car payment can I get on 15000 salary?
Salary of 15000, Am I eligible for Loan? Check here online
| Product | Salary | Min. loan amount |
|---|---|---|
| Personal Loan | 15000 | 40000 |
| Home Loan | 15000 | 300000 |
| Car Loan | 15000 | 100000 |
| Credit Card | 15000 |
Which car is best in Maruti?
Best Maruti Suzuki cars in India – New and Used
- Maruti Suzuki Alto 800. Maruti Alto 800 is the most affordable car in the company’s product portfolio.
- Maruti Suzuki WagonR.
- Maruti Suzuki Celerio.
- Maruti Suzuki Swift.
- Maruti Suzuki Ignis.
- Maruti Suzuki Baleno.
- Maruti Suzuki Swift Dzire.
Which is the best car to buy in 2021?
10 Best Upcoming Cars To Buy In 2021 In India
- Altroz EV.
- Tata Safari 2021.
- 2021 RR Ghost.
- 2021 Mercedes E Class.
- 2021 Volvo S60.
- VW Taigun.
- Hyundai Elantra 2021.
- Hyundai Ioniq.