Car Loan is the best way to get finance for your car. If you want to purchase your dream car, but you can’t afford it then you can avail a car loan. You can repay the amount in installments. Avail the Best Car Loan on Lowest Car Loan Interest Rates and Affordable EMIs. Enjoy quick, instant and doorstep services with the help of BookMyLoans. Enjoy the spectacular ride of your Dream Car with your loved ones. Car Loan Interest Rates may vary according to the banks and NBFCs. Here is a complete list of Car Loan Interest Rates:
Banks |
New Car Loan |
Used Car Loan |
| HDFC Bank | 9.50% to 12.50% | 13.50% – 15.75% |
| ICICI Bank | 10.50% to 12.25% | 15.50% to 17.00% |
| Axis Bank | 10.75% to 13% | 16.50% – 18% |
| State Bank of India (SBI) | 10.75% | 17.25% |
| Bank Of Baroda | 10.50% | N.A. |
| Canara Bank | 10.45% | N.A. |
| Corporation Bank | 10.50% – 11.00% | N.A. |
| Kotak Mahindra | 11.50% – 13.50% | 17% – 20% |
| Bank Of India | 10.55% | 11.70% (Upto 3yrs) |
| Federal Bank | 11.20% – 12.20% | 15.45%-15.95% |