COMPARE : CAR LOANS
State Bank of Mysore Car Loan
Introduction
State Bank of Mysore gives loan for both new as well as used vehicles. For purchase of new car, bank gives loan up to an amount of 30 times of Net Monthly income for salaried persons and 2.5 times of Net Annual income for others. In case of used vehicles bank gives loan for purchase of passenger Cars, Jeeps, Multi Utility vehicles not more than 5 years old. On the purchase of new vehicle bank has a provision of comprehensive insurance for full value of the vehicle. There is a facility of free accident insurance cover (death risk only). The bank offers a car loan on floating rate of interest.
Highlights
  New Car Used Car
Loan Type Term Loan Term Loan
Ex-Showroom/On Road On Road On Road
Loan Amount Maximum loan allowed:
For salaried persons it is 48 times of the Net Monthly Income
For others it is 4 times of the Net Annual Income
Maximum loan allowed:
For salaried persons it is 48 times of the Net Monthly Income
For others it is 4 times of the Net Annual Income
Tenure Min. - 12 months.
Max. - 84 months.
Min. - 36 months.
Max. - 84 months.
Interest Rate 10.75 % 17.5 %
Time to Process Loan 7 days 7 days
Preferred Manufacturers Chevrolet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota Chevrolet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota
 Fees & charges
 Special Offers
Show All Auto Loans

Refine your search
 Select a Manufacturer:
 Select a Model:
 Select a Category:
 Select a Bank:
   

State Bank of Mysore Products
State Bank of Mysore Home Loans
State Bank of Mysore Personal Loans
State Bank of Mysore Fixed Deposits
State Bank of Mysore Educational Loans
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Carnival of Indian Personal Finance Blogs #4
A chronicle of excesses by loan recovery...
Spend some time to get the best car insurance
Carnival of Indian Personal Finance Blogs # 8
Used Car Loan Melas in India