State Bank of India
State Bank of India Used Car Loan
Rate from10.25%
Max amount₹50 L
EMI/L · 5y₹2,137
Disbursal—
CIBIL: 700+ · Salaried
OTP-verified soft check · won’t affect your credit score · DPDP-consented
Move the sliders to see monthly EMI, total interest, and total cost of this loan.
Your actual rate depends on your credit profile, income, and employer category.
Monthly EMI
Total interest
Total payment
Total cost of this loan
✨ interest + processing fee
For a ₹6 L loan over 3 yrs at 12.00% — your best-case scenario.
You repay ₹7,17,429 for ₹6,00,000 borrowed.
Customize amount, tenure & rate in the EMI calculator above ↑
This is a floating-rate loan. No prepayment penalty — you can foreclose or pre-pay any amount at any time, free of charge (RBI mandate for floating-rate individual loans).
Mahindra Group NBFC focused on rural and semi-urban lending. Strong auto-financing and tractor loan portfolios.
Visit Mahindra Finance websiteSee how Mahindra Financecompares on rate, fees & eligibility.
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