State Bank of India Car Loan Features

State Bank of India Car Loan features many benfits to the borrowers. The SBI Car loan Applicant can borrow up to 80% of the value of any car manufactured in India. Flexible repayment options range from 12 to 60 months.

The SBI Car loan Applicant can borrow the amount up to three times of annual salary (for salaried professionals) and six times the annual income (for self employed professionals).

State Bank of India Car Loan Applicant can also get additional amount on existing loans. Existing State Bank of India customers get preference in getting bank approval for Car loans.