Car Loan Interest Rate Comparison for All Banks, Lowest EMI, Best Rates in India
|Bank||Car Loan Interest Rates||Maximum Loan Amount|
|Central Bank of India||9.00% Floating||90% of on-road price|
|Andhra Bank||9.40% Fixed||85% of on-road price|
|IDBI Bank||9.30% Fixed||90% of ex-showroom price|
|Federal Bank||9.15% Fixed||90% of ex-showroom price|
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Which bank is better for car loan?
Best Car loan Interest Rates India March 2019
|Car loan Banks||Interest Rates||EMI per Rs 1 lakh for 7 Years|
|HDFC Bank||8.50% – 11.25%||Rs. 1,584 – Rs. 1,725|
|ICICI Bank||8.82% – 12.75%||Rs. 1,600 – Rs. 1,806|
|IDBI Bank||9.00% – 9.10%||Rs. 1,609 – Rs. 1,614|
|Indian Bank||9.00%||Rs. 1,609|
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What is a good rate for an auto loan?
The national average for US auto loan interest rates is 4.21% on 60 month loans. For individual consumers, however, rates vary based on credit score, term length of the loan, age of the car being financed, and other factors relevant to a lender’s risk in offering a loan.
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