SBI Loyalty Car Loan Scheme: Things You Should Know Before You Apply

The State Bank of India (SBI) car loan scheme caters to the customers who have already taken car loan from SBI. The finance can be made 100% on the on-road price of vehicle being financed. The persons in the age group of 21-65 are eligible. The repayment period for the SBI car loan is maximum of 7 years. Net Annual Income of applicant and/or co-applicant if any, together should be Rs. 2 lakh.