SBI Car Loan Scheme: Interest Rate, Maximum Amount Offered, Key Features

A regular employee of state / central government, public sector undertaking, private company or a reputed establishment where the net annual income of applicant and/or co-applicant if any, together is a minimum of Rs 2,50,000 can apply for SBI car loans. The maximum loan amount that can be given in this case is 48 times of the net monthly income, according to SBI. Professionals, self-employed, businessmen, proprietary/partnership ...