Car Loan Interest Rates in India

Last updated on 2026-01-20

Current Interest Rates

Lender Interest Rate Tenure Processing Fee Last Updated
State Bank of India (SBI) 8.85% – 9.60% Up to 7 years Up to 0.50% 2026-01-20
HDFC Bank 9.00% – 10.50% Up to 7 years Up to 1.00% 2026-01-20
ICICI Bank 9.10% – 10.75% Up to 7 years Up to 1.00% 2026-01-20

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