Banks Charging Lowest Rate of Interest on Car, Auto Loans

Banks Charging Lowest Rate of Interest on Car Loans / Auto Loans

COMPARISON OF CAR LOAN / AUTO LOAN INTEREST RATES BY INDIAN BANKS - 2012

(Check Lowest Rate of Interest charged by Banks in India / Minimum Rate of Interest charged by Indian Banks. Best car / Auto Loan Interest)

Which Banks Charges the Lowest Interest on Auto Loans / Car Loans in 2012 ? Best Rate of Interest on Car Loans in India ? Comparative Car Loan Interest Rates. Latest Car Loan Interest by Banks in India

Different banks charge different interest rates for car / auto loans. The rate of interest also vary based on (a) the quantum of the loan; (b) period for which loan is intended to be availed (c) income basis - eg salary or business etc.

Therefore, it is not possible to give a chart which can provide the details of the lowest rate of interest charged by banks for all categories.

Moreover, these rates are frequently changed by banks and that too without informing media. Sometimes the details are not updated on the website. Therefore, we are giving below a broad idea as to the banks which are charging lowest rate of interest in a particular category. Readers are advised to check the same by clicking on the link of relevant bank from where they intend to avail the loan, for updated information:-

Name of the Bank	Rate %		Duration
Allahabad Bank		11.00	All Tenures
State Bank Of India	11.25		All Tenures
Vijay Bank	11.30		All Tenures
Punjab and Sind Bank	11.50		All Tenures

(updated on 05/08/2012)

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DIRECT LINKS FOR CAR LOAN / AUTO LOANS FOR DIFFERENT BANKS (Links to be provided soon)

S.No.	Name of the Bank
1	Allahabad Bank
2	Andhra Bank
3	Axis Bank
4	Bank of Baroda
5	Bank of India
6	Bank of Maharashtra
7	Canara Bank
8	Catholic Syrian Bank
9	Central Bank of India
10	City Union Bank
11	Dena Bank
12	Federal Bank
13	HDFC Bank
14	ICICI Bank
15	IDBI Bank
16	Indian Bank
17	Indian Overseas Bank
18	Indus Ind Bank
19	J&K Bank
20	Karnataka Bank
21	Karur Vysya Bank
22	Kotak Bank
23	Lakshmi Vilas Bank
24	Punjab National Bank
25	Punjab and Sind Bank
26	South Indian Bank
27	State Bank of Hyderabad
28	State Bank Of India
29	State Bank of Patiala
30	State Bank of Travancore
31	Syndicate Bank
32	The Ratnakar Bank
33	UCO Bank
34	Union Bank of India
35	Vijay Bank

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