Banks Charging Lowest Rate of Interest on Car Loans / Auto Loans
COMPARISON OF CAR LOAN / AUTO LOAN INTEREST RATES BY INDIAN BANKS - 2012
(Check Lowest Rate of Interest charged by Banks in India / Minimum Rate of Interest charged by Indian Banks. Best car / Auto Loan Interest)
Which Banks Charges the Lowest Interest on Auto Loans / Car Loans in 2012 ? Best Rate of Interest on Car Loans in India ? Comparative Car Loan Interest Rates. Latest Car Loan Interest by Banks in India
Different banks charge different interest rates for car / auto loans. The rate of interest also vary based on (a) the quantum of the loan; (b) period for which loan is intended to be availed (c) income basis - eg salary or business etc.
Therefore, it is not possible to give a chart which can provide the details of the lowest rate of interest charged by banks for all categories.
Moreover, these rates are frequently changed by banks and that too without informing media. Sometimes the details are not updated on the website. Therefore, we are giving below a broad idea as to the banks which are charging lowest rate of interest in a particular category. Readers are advised to check the same by clicking on the link of relevant bank from where they intend to avail the loan, for updated information:-
Name of the Bank
|
Rate %
|
Duration
| |
11.00
|
All Tenures
| ||
11.25
|
All Tenures
| ||
11.30
|
All Tenures
| ||
11.50
| All Tenures | ||
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DIRECT LINKS FOR CAR LOAN / AUTO LOANS FOR DIFFERENT BANKS (Links to be provided soon)
| S.No. | Name of the Bank |
| 1 | Allahabad Bank |
| 2 | Andhra Bank |
| 3 | Axis Bank |
| 4 | Bank of Baroda |
| 5 | Bank of India |
| 6 | Bank of Maharashtra |
| 7 | Canara Bank |
| 8 | Catholic Syrian Bank |
| 9 | Central Bank of India |
| 10 | City Union Bank |
| 11 | Dena Bank |
| 12 | Federal Bank |
| 13 | HDFC Bank |
| 14 | ICICI Bank |
| 15 | IDBI Bank |
| 16 | Indian Bank |
| 17 | Indian Overseas Bank |
| 18 | Indus Ind Bank |
| 19 | J&K Bank |
| 20 | Karnataka Bank |
| 21 | Karur Vysya Bank |
| 22 | Kotak Bank |
| 23 | Lakshmi Vilas Bank |
| 24 | Punjab National Bank |
| 25 | |
| 26 | South Indian Bank |
| 27 | State Bank of Hyderabad |
| 28 | State Bank Of India |
| 29 | State Bank of Patiala |
| 30 | State Bank of Travancore |
| 31 | Syndicate Bank |
| 32 | The Ratnakar Bank |
| 33 | UCO Bank |
| 34 | Union Bank of India |
| 35 | Vijay Bank |
Before applying for a car loan, person find which one is the best lender that offers car loan at the lowest rate of interest. The above post has clearly mentioned the name of the banks which has lowest interest rate. After reading the above post the person can now easily apply for a car loan according to his wish.
ReplyDeleteHDFC Car Loan
Thank you for sharing such great information. It is informative, can you help me in finding out more detail on auto Loan, i am interested and would like to know more about this field and wanted to understand the basics of Banking Services.
ReplyDeleteVehicle Loan Software have the ability to make use of in assessing a given vehicle loan package. Figuring out the monthly installments a loan taker should consider is among the advantages offered.
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