Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Getting the SBI Car Loans

By Sarfraj Ahmed Subscribe to RSS | January 11th 2012 | Views:

Car buyers in India can quickly obtain the car loans from State Bank of India (SBI) at affordable rate of interest. State Bank of India (SBI) Car Loans offer simple repayment options, reasonable fixed interest rate of 10% as well as 0.5 % file charges of Loan amount. 10% Interest rate offer is the lowest in the car loan industry, because various commercial banks in India offering car loans between 11.5 to 13% range. As of now, State Bank of India's auto loan portfolio is very much close to Rs 9,000 Crore.

SBI Car Loans, consist of the car insurance, car registration costs, road tax etc. Anybody can receive the car loan for new cars as well as old vehicles. In situation of purchase new car, SBI car loan is provided on any model of carmaker and in situation of buy old car, SBI Car Loan will provide on any make or design, however the car shouldn't be beyond 5 years old.

SBI provide outstanding service and reduced costs. A fast survey of comparable car loan schemes available somewhere else and you will get that SBI Car Loans for brand-new as well as old cars provide you. Here are we mentioned some of the benefits are mention below: -

· Cheapest Car Loan interest rate

· Longer repayment options, which is up to 6 years.

· No Hidden Fees or Administrative charges.

· No Advance EMIs

According to the Indian Automobile Companies, car selling in December 2011 fell by more than 10.00% compare to the same month last year. Through various marketing tactics like television advertisement, radio advertisement, display hoarding etc., SBI Car Loan Company attract to their customers with various loan schemes.

SBI Bank Car Loan Emi Calculator

Before taking the Car Loan, it is important for everyone to know about their EMI or the Equated Monthly Installments that they have to pay every month to State Bank of India. State Bank of India provide SBI Car Loan EMI calculator which is very helpful that can help anyone to calculate the Car Loan EMI for the particular car loan amount, interest rate as well as repayment terms. It is best for the consumers to clearly know the SBI car loan agreements before applying for the car loan.

Required Document of SBI Car Loans

Getting the SBI Car Loan you need to below mentioned document as per the State Bank of India.

· I.T. Returns/Form 16 of 2 years for salaried person

· 2 passport size photographs of borrower(s).

· A copy of passport /voters ID card/PAN card.

· Statement of Bank account of the borrower for last 6 months.

· Proof of official address for non-salaried individuals.

· Residence Proof

· Signature identification from bankers of borrower(s).

· Latest salary-slip depicting all deductions

Sarfraj Ahmed - About Author:
Best ways to find quick SBI Car Loans from State Bank of India. Online Duniya is a leading business directory where you can get various types of Car Loans in India.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Loans Articles Subscribe to RSS

Searching for the Best Dental Clinic
Published by John Schubert on July 11th 2012 | Loans
Since medical loans are normally unsecured, the application procedure is faster and you may be appro...
Secure payday loans- Grab quick funds using collateral
Published by Richard Abbe on April 4th 2012 | Loans
By taking instant funds via secure payday loans, you will be able to fill gaps between two paydays....
Overnight loans- Small cash to meet financial urgency
Published by Ross Futher on May 16th 2012 | Loans
If you have taken quick cash via overnight loans, you can easily solve unexpected fiscal problems wi...
12 Month Loans - Small Term Loan for Your Urgent Needs
Published by Steve Matthew on June 6th 2012 | Loans
12 Month Loan is fairly high in the rate of interest due to its condition in the reality salaried oc...
Long term payday loans- Unique cash scheme of this new generation
Published by Freddie Lee on April 7th 2012 | Loans
If you are availing long term payday loans to get instant cash, you will overcome financial trauma w...
Money now loans-Make ups your financial disparity
Published by Luck Wright on December 2nd 2011 | Loans
To fulfill short-term financial needs, you need to apply money now loans available online....
Compare Home Loan Rates and Choose the Right Mortgage
Published by Crowin Smith on February 14th 2012 | Loans
Every day we see a lot of mortgage advertisements on TV and newspapers. Everywhere you look, there w...
Cash America advance- Availing fund is easy for everyone
Published by Vikon Nail on March 30th 2012 | Loans
If you have taken quick cash through cash America advance, you will achieve small financial needs....
Same Day Loans for Bad Credit: Quick Funding despite Poor Credit Score
Published by Britany Scarlett on January 17th 2012 | Loans
Same day loans for bad credit are a kind of short funding introduced in the finance market. The good...
Fast Cash Loans – Way to Get Financial Relief in Fast and Convenient Manner
Published by Richard Barry on January 31st 2012 | Loans
Fast cash loans are approved in no time and offered to all remunerated individuals to tackle emergen...
Cash America advance- Obtain quick money as soon as possible!
Published by Vikon Nail on June 12th 2012 | Loans
If you are having any shortage of money, it is better for you to avail cash America advance in order...
30 day loans-Grab instant fund to meet emergencies
Published by Jon Kohli on December 26th 2011 | Loans
In order to overcome urgency then it is better for you to apply 30 day loans, which can be accessibl...
Quick Payday Loans – Forget the Past & Think about Innovative Medium when You Need Money
Published by Ianfrazer01 on June 13th 2012 | Loans
In today’s world of finance quick payday loans have gained huge popularity among the USA borrowers...
Money now loans- Instant cash help for borrowers
Published by Luck Wright on May 22nd 2012 | Loans
If you are taking instant funds via money now loans, you can easily surmount fiscal crisis without a...
Instant Payday Loans: Get the Cash Quickly & Promptly
Published by Stuart Broad on February 20th 2012 | Loans
Lender of instant payday loans is very helpful for the salary-based folks because he does not let th...
Unsecured Loans for People on Benefits – Give You Satisfactory Helping-Hand for Multiple Purposes
Published by Tom Harriet on February 11th 2012 | Loans
Unsecured loans for people on benefits are loans that are curved out especially for people facing a ...
Fast loans- Chance to meet cash worries
Published by Alex Abigil on May 25th 2012 | Loans
With fast loans, you can resolve unexpected financial trauma without any hassle. This is very helpfu...
Cheque Loan – Say Good Bye to Your Small as well as Urgent Financial Obligations
Published by Malvin Flec on May 31st 2012 | Loans
Cheque loans are completely made offered for a short term period. These loans are quite simple to de...
No teletrack cash advance- Improve your financial conditions now!
Published by Luck Wright on July 16th 2012 | Loans
If you are having bad credit issues, you should check out to avail no teletrack cash advance. This l...
Pay Monthly Mobile Deals: Connects You with Your Loved Ones
Published by Carly Luck on January 5th 2012 | Loans
Pay monthly mobile deals reduce the burden of heavy phone bills. This deal is offered by the leading...
Quick Payday Loans – Help You Meet with Urgencies Effectively
Published by Helen Richardson on August 26th 2012 | Loans
With quick payday loans you can acquire the money in a flash and so you are to cover up all excess e...
Instant Payday Loans – Fastest Way to Get Money Timely
Published by Helen Richardson on August 25th 2012 | Loans
When you are on the look out for some fiscal helps without any obstruction for dealing with urgencie...
Collateral loan – a means to ease out fund problems
Published by Malcom Baker on August 25th 2012 | Loans
At times, most of us require small funds urgently to tide over a difficult situation. If you approac...
Cash Advance Payday Loans – Custom-Made Solution for Extra Expenses
Published by Ianfrazer01 on August 25th 2012 | Loans
Cash advance payday loans are the wonderful monetary option to pay off multiple payments such as gro...
Fast Cash Payday Loans – Bad Credit Holder is Ok As Well
Published by Ianfrazer01 on August 25th 2012 | Loans
Fast cash payday loans are small short term loans, which generally succor you by endowing instant fi...
Fast Cash Payday Loans – Bad Credit Holder is Ok As Well
Published by Ianfrazer01 on August 25th 2012 | Loans
Fast cash payday loans are small short term loans, which generally succor you by endowing instant fi...