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Banks/Rates New Car Loan (Reducing) Used Car Loan (Reducing) Processing Fee
HDFC Bank 11.50% - 12.25% (From 49 - 60 months), 11.50% - 12.25% (From 36 - 48 months), 11.25% - 12.00% (Upto 36 months) 15.25% - 17.75% (60 months), 15.25% - 17.75% (48 months), 15.25% - 17.75% (36 months), 15.75% - 18.25% (24 months), 15.75% - 18.25% (Upto 12 months) Corporate Rates 13.75% - 15.25% (From 36 - 60 months), Rs 2325/- to Rs. 4275/-
Kotak Mahindra 11.50% - 13.50% 17% - 20% Rs.3300/- to Rs.4750/-
Axis Bank 11.50% - 14.50% 16.50% - 18% Rs.3000/- to Rs.3500/-
State Bank of India (SBI) 11.25% 17.25% ( Upto 36 Months) 17.50% ( Above 36 months) 0.5% of loan Amount
Federal Bank 12% - 12.50% (upto & including 36 months) 12.50% - 13% ( Above 36 months to 60 months) 15.75% - 16.25% Rs 1655/- to Rs 2758/-

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