SBI Car Loan Patna Interest Rate - Wishfin

SBI Car Loan in Patna

About State Bank of India Car Loan in Patna

Being the oldest bank, State Bank of India maintains the high standards of integrity and boosts the confidence of the depositors and customers. It acquires a pre-eminent position in the Indian Banking industry and secures a vital place in the country’s economic life. It has a dynamic range of products to cater the diverse requirement of its customers. The bank has proposed car loan product to fulfill the car requirement of the customers. The eligible candidates can take advantage of this facility by visiting the nearest bank branch.

SBI Car Loan in Patna at a Glance

ParticularsDescription
Interest Rate7.20% - 7.90%
Processing FeeNew Cars: No processing fees
Used Cars: 1.25% of loan amount + GST; Min INR 3750 + GST & Max: INR 10,000 + GST
Foreclosure ChargesNIL
Loan Tenure1-7 Years for New Cars
1-5 Years for Old Cars

Eligibility Criteria

The State Bank of India provides car loan after evaluating individual’s profile. It has set certain criteria to determine the suitability. The car loan eligibility criteria are:

  • A regular employee of State / Central Government, Public Sector Undertaking, Private Company or a reputed establishment with minimum annual income of ₹ 2,50,000.
  • Professionals, self-employed, businessmen, proprietary/partnership firms who are income tax assesses with net profit or gross taxable income of ₹ 4,00,000 per annum
  • Person engaged in agricultural and allied activities with minimum net annual income of ₹ 4,00,000

Documents Required

In order to avail the benefit of a car loan, the individual needs to submit the following documents:

  • Statement of bank account for last 6 months
  • 2 passport size photographs
  • Proof of Identity: (Copy of any one) Passport/ PAN Card/ Voters ID card/ Driving License etc.
  • Address Proof: (Copy of any one) Ration card/Driving License/Voters ID card/ Passport / Telephone Bill/ Electricity bill/Life Insurance policy
    Income Proof: Latest Salary Slip, Form 16/ ITR for last 2 years, I.T. Returns or Form 16 for the last 2 years, Audited Balance sheet, P&L statement for 2 years, Shop & establishment act certificate/sales tax certificate / SSI registered certificate/copy of partnership ( non- salaried)

For more information, visit Car Loan Patna

Address of SBI Branches in Patna

The branch address, IFSC Code, MICR Code and customer care details of State Bank of India branches located in Patna are mentioned in the table below:

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
Service Branch Patna
West Gandhi Maidan, Patna, Bihar 800001SBIN00099338000020010612 - 2204949
Anandpuri

West Boring Canal Road, Patna, Bihar, Pin 800001SBIN00090028000020040612-2573089
Ashiana Nagar

Patna Phase - 1 Patna, Bihar , Pin - 800025
SBIN00090048000020050612-2586142
Bhikhnapahari, Patna

Bhikhanapahari, Patna, Bihar, Pin 800006
SBIN00035618000020070612-2688020
Boring Road
Boring Road
Dist Patna, Bihar 800001
SBIN00014358000020080612-2228756, 2203550
Bihar Veterinary College ComplexPhulwari Sharif T. Patna Bihar 801505SBIN00090068000020100612-2220724
Digha

P.O. - Bataganj, Patna, Bihar 800012SBIN00035598000020120612-2561527
Fraser Road

Shahi Complex, 1st Floor, New Dakbunglow Road, Patna Patna, Bihar, Pin - 800001SBIN00034768000020160612-2225826
Hanuman Nagar
Shanker Market Patna BiharSBIN00090058000020200612-2348423
IGIMS

Sheikhapur Bagicha, P.O.B. V College, Patna , Pin - 800014SBIN00079458000020210612-2287534
Judges Court Rd

Judges Court Rd, Patna, Bihar 800001SBIN00012338000020220612-2300155
Kadamkuan

Shashi Place, Nala Road Kadamkuan Patna, Bihar 800004SBIN00015618000020230612-2672173
Kankarbagh Residential Colony
Tempo Stand Kankar Bagh Patna Bihar 800020SBIN00035648000020250612-2352240
Kurji, Patna

Patna, Industrial Estate Roadpatna, Bihar , Pin - 800010SBIN00035008000020260612-2263385
Maurya Lok Complex

Dak Bungalow Road, Patna, Bihar State, Pin 800001SBIN00075068000020300612-2204330, 2236278
NMCC Patna

Nalanda Medical College Campus, Patna, Bihar, Pin - 800020SBIN00053318000020310612-2341373
New Market , Patna

Budha Marg Patna Patna, Bihar, Pin - 800001SBIN00034778000020320612-2203781
Patna Market, Patna
Ashok Rajpath Patna, Bihar, Pin - 800004SBIN00035768000020350612-2302345
Raj Bhawan, Patna

Rajbhawan Campus, Rajbhwan, Patna, Bihar, Pin - 800022SBIN00069178000020380612- 2225209

Personal Loan Interest Rates March 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates March 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%