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Current Car Loan Interest Rates


Last Updated Date:21-Aug-2019
Car loan interest rates change whenever there is a change in RBI rate - repo rate. RBI announces the rates every quarter in a year. Loanyantra gets all the top lenders in India onto one page showcasing you which bank offers low car loan interest rates. Be aware about current interest rates for car loans before you check for car loan documentation list and before you check your eligibility for car loan. Follow the table and compare the lowest interest rate for auto loans.
Confused!!Cannot find your favourite bank with low interest rate ?Tell us your dream car requirement along with your source of income details and Loanyantra's experts, guide you for the lowest and good interest rate for car loan . Just call us 040-71011991 to know the best bank and for a faster auto loan approval.
Bank NameInterest RatesEMI Per Lac Max Tenure

LoanYantra

Axis Bank
8.25% to 8.80%Rs. 787 to Rs.2224 30 Years

LoanYantra

Bank of Baroda
8.05% to 8.45%Rs. 780 to Rs.2142 30 Years

LoanYantra

Bank of Maharashtra
8.15% to 8.60%Rs. 787 to Rs.2088 30 Years

LoanYantra

Canara Bank
8.35% to 8.60%Rs. 787 to Rs.2073 30 Years

LoanYantra

Central Bank of India
8.00% to 8.50%Rs. 776 30 Years

LoanYantra

Corporation Bank
8.05% to 8.85%Rs. 805 to Rs.2120 30 Years

LoanYantra

HDFC Bank
8.20% to 8.85%Rs.2088 to Rs.2187 7 Years

LoanYantra

ICICI Bank
8.40% to 8.65%Rs. 808 to Rs.2365 30 Years

LoanYantra

IDBI Bank
7.85% to 9.20%Rs. 787 30 Years

LoanYantra

Union Bank of India
8.10% to 8.50%Rs. 783 30 Years

LoanYantra

Oriental Bank Of Commerce
8.35% to 9.10%Rs. 2044 to Rs. 2081 7 Years

LoanYantra

PNB
7.90% to 8.50%Rs. 780 to Rs.2083 30 Years

LoanYantra

SBI
8.05% to 8.60%Rs. 762 to Rs.2088 30 Years

LoanYantra

Uco Bank
8.05% to 8.65%Rs. 780 30 Years

LoanYantra

Bank of India
8.25% to 8.60%Rs. 794 30 Years

LoanYantra

United Bank of India
8.00% to 8.70%Rs. 780 to Rs.2078 30 Years

LoanYantra

Syndicate Bank
8.15% to 8.60%Rs. 787 30 Years

LoanYantra

Dena Bank
9.00% to 9.10%Rs.1604 to Rs.1614 7 Years

LoanYantra

Indian Overseas Bank
8.15% to 8.85%Rs. 780 30 Years