• loading

    We found 2 SBI Car Loan Status - Track SBI Car Loan Application Status
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    9.10% Floating
    0
    -
    7 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Eligibility Criteria
    9.05% Floating
    0
    -
    7 Years
    Response Time : Within 30 minutes
    SPECIAL OFFER FOR WOMEN
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Eligibility Criteria
    SBI Car Loan Status - Track SBI Car Loan Application Status is Rated as "Excellent!" by 1176 Users
    Car Loan BYTES FROM OUR KITCHEN

    SBI Car Loan Status - Track SBI Car Loan Application Status

    Owning a car of one’s choice is a dream come true for most consumers. Nowadays, there is easy access to funding as banks offer loans to purchase new and used cars. With over 200 years of experience in the banking and financial services, State Bank of India (SBI) is the largest public sector commercial bank in India.

    SBI is one of the leading banks in India, offering various products ranging from insurance to loans at competitive interest rates and flexible loan tenure. When it comes to auto loans, State Bank of India offers different types of car loans - New Car Loan, Pre-owned Car Loan, Combo Loan, NRI Car Loan, Loyalty Car Loan, etc. to meet the varying needs of its customers.

    Who can apply for SBI Car Loan?

    State Bank of India offers car loans to applicants with a good credit score, steady income, and a stable occupation. Anyone from the age of 21 to 65 years old can apply for a car loan at State Bank of India - salaried employees, self-employed persons, partnership firms, agriculturists, etc. SBI Car loans can be used to purchase most makes and models of vehicles available on the Indian market. Those who prefer to take long drives on the weekend on rugged terrains or go on a cross-country road trip can opt for SUVs. Those who have children can purchase passenger cars and MUVs for a safe drive to the school and back every day.

    SBI Car Loan Interest Rate

    At State Bank of India, customers can get a maximum car loan of up to 85% of the on-road price of a new car. Interest rate for SBI New Car Loan starts from 8.70% to 9.20% p.a. In the case of an Used Car Loan, the interest rate is much higher in comparison to New Car Loan. For Loyalty Car Loan Schemes, the interest rate for men is 9.10% p.a. whereas for women, it is 9.05% p.a. The interest rate for Certified Pre-Owned Car Loan is 12.60% p.a. The loan tenure of a SBI car loan is up to 84 months i.e. 7 years, which is the longest tenure for car loans in the industry. Car loan interest rates are calculated based on whether the car is new or used, loan tenure, the type of car loan scheme, and the eligibility criteria of the applicant.

    SBI Car Loan Eligibility

    A potential customer can check his or her loan eligibility using the car loan eligibility calculator on a third-party website or the bank website. It is wise to know one's car loan eligibility before applying for the loan in order to avoid rejection. Whether it is personal loan or car loan, any type of loan rejection will negatively affect an individual’s credit score. The different types of car loans offered by State Bank of India are:

    • New Car Loan
    • Loyalty Car Loan,
    • Nano Youth Car Loan
    • Combo Loan
    • NRI Car Loan
    • Certified Pre-Owned Car Loan

    Apply for SBI Car Loan Online

    Banks charge a small processing fee which is a fixed percentage of the principal loan amount to process the car loan. Fortunately, State Bank of India doesn't charge a processing fee for New Car Loan, Combo Loan, NRI Car Loan, and Loyalty Car Loan as of now. For certified pre-owned car loan, there is a 0.50% of the loan amount + GST charged as processing fee, subject to minimum Rs.450 + GST to maximum Rs.17,800 + GST. Apply for SBI car loans online to get better deals. However, before applying for a car loan, it is important to compare various deals on offer in order to choose the one that best serves your financial needs. Third-party comparison websites make car loan comparison easy and simple to perform with just a few clicks of the mouse. You can also get an instant quote on your chosen car loan offer.

    SBI Car Loan EMI Calculator

    Use SBI car loan EMI calculator to find out the monthly cost of your loan. Just enter the loan amount, loan tenure, interest rate, and processing fee in the tool. You will get an amortisation table with details such as equated monthly installments, interest payable, and outstanding principal amount after each EMI payment for the loan period. Car loan EMI shouldn’t exceed 50% of the individual’s salary. It is advisable to maintain a low debt-to-income ratio so as not to default on the loan payment.

    Did you know that online car insurance renewal only takes a few minutes and you can get the best deals out there?

    Track SBI Car Loan Status by Loan Application ID

    Here is a step-by-step guide on how to track SBI Car Loan Status using the loan Application ID:

    • Step 1 - Visit the State Bank of India website. Tip- To perform any activity online, ensure the internet connection is good and use an advanced browser.
    • Step 2 - Go to the SBI Car Loan application status page.
    • Step 3 - Select the type of loan from the drop-down box. In this case, it would be car loan.
    • Step 4 - Enter the application ID that you received after applying for a car loan at SBI.
    • Step 5 - The last detail to be entered in the tool is your Date of Birth.
    • Step 6 - Enter the string of numbers shown in the image into the box provided.
    • Step 7 - Ensure all the details provided by you are correct.
    • Step 8 - Finally, click on ‘Submit’ to get your car loan application status.

    You will be directed to a web page containing your SBI car loan application status immediately with no time to waste and free of charge. You can use the car loan application tracker any number of times and at any time you deem convenient.

    Know SBI Car Loan Status through Customer Care Numbers

    State Bank of India offers timely and effective customer care services through its customer care centre. Customers can contact SBI customer care executives through the bank's 24/7 helpline number. The customer care executive will take your call and ask for personal details to verify your identity. You will need to state personal details such as your name, father's name, PAN, etc. in order to confirm your identity. He or she will resolve any loan-related queries that you may have like how to track your car loan status. The toll-free number of State Bank of India is 1800 11 2211 and 1800 425 3800. Here is an alternate SBI Customer Care number - 080-26599990. You can also find a list of SBI customer care numbers online for different cities and states.

    Customer Reviews

    • SBI Car Loan
      "More than satisfactory"
      0.5 5.0/5 "Blown Away!"
      The document process is more than any private bank at SBI for the car loan. But the interest rate is very low and I have the pre payment options where I can repay the loan back any time without any lock in period which is not there with the other banks. Axis Bank and HDFC Bank had a six month lock in period and also had charges to close the loan.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 20, 2018
    • SBI Car Loan
      "Very good service"
      0.5 4.0/5 "Great!"
      Around 3 years ago, I have got the car loan from the STATE BANK OF INDIA . the customer support service is good with the STATE BANK OF INDIA and they gave me better response in regard to my car loan application. They have taken around 3 weeks time to disburse my loan amount.
      Was this review helpful? 0
      , kolkata
      Reviewed on Feb 15, 2018
    • SBI Car Loan
      "Wonderful"
      0.5 5.0/5 "Blown Away!"
      I do have the car loan with the State bank of India. The rate of interest was around 8%. Customer service was good one for me with them. I would like to say that the processing charges were nominal one for me with the State bank of India. I have not faced much issues with them
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 15, 2018
    • SBI Car Loan
      "Faster approval"
      0.5 5.0/5 "Blown Away!"
      I took auto mobile loan with State Bank of India before 1.5 years. I have done pre payments and it was a 3 year loan. They processed the loan immediately and very faster. The rate of interest and charges are best with SBI. The documents are collected by the executive.
      Was this review helpful? 0
      , mumbai
      Reviewed on Feb 12, 2018
    • SBI Car Loan
      "Very Good Experience"
      0.5 5.0/5 "Blown Away!"
      I took car loan from SBI, then I foreclosed it, but bank gave me the good interest around 8.65% for the Suzuki Baleno car. The process was completed on time, and they were not charged any extra fee for the foreclosure it was good. I am very fine with SBI loan.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 12, 2018
    • SBI Car Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      The state bank of India has approved my car loan up to 90%, their executives are customer friendly and they have disbursed the loan amount within a week time. The customer support and the response part is excellent with the state bank of India.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 08, 2018
    • SBI Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have got the car loan within 2 days of time from the STATE BANK OF INDIA, their executives came to my place to collect the documents on time. The verification process done on time and they have disbursed the loan amount within the promised time. The rate of interest and the charges are less than other banks. The overall service was transparent with the State bank of India.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 08, 2018
    • SBI Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      The state bank of India took my car loan process personally and they have disbursed the loan amount within 3 to 4 days of time. The customer support is prompt with the state bank of India. The rate of interest and the charges are average with the state bank of India car loan services.
      Was this review helpful? 0
      , new delhi
      Reviewed on Feb 06, 2018
    • SBI Car Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      The rate of interest was 9.20 % which was fine for me, The documents have been collected from my door step and the staffs are friendly. The customer support was good but the process was been little delay. It was a average service from Sbi car loan service.
      Was this review helpful? 0
      , chandigarh
      Reviewed on Feb 06, 2018
    • SBI Car Loan
      "Average"
      0.5 4.0/5 "Great!"
      I am having the car loan with the State bank of India and the rate of interest is very reasonable. The loan amount got disbursed within same day itself. I would like to say that the processing charges were good one with the State bank of India.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Feb 06, 2018
    • SBI Car Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      My car loan was taken with SBI for about 1 month. The loan amount was 6.9 lakhs and the Interest rate was 8.75% which is average In the market. The loan process was good and they have sanctioned the loan with the committed time. The processing fee was nominal . My overall experience was good and its recommendable.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Feb 06, 2018
    • SBI Car Loan
      "Wonderful"
      0.5 4.5/5 "Excellent!"
      I have closed the car loan with the State bank of India and the interest rate was around 8% to 8.5%. Customer service is good one for me with them and the response is somewhat okay. Processing charges were okay for me with them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 02, 2018
    • SBI Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      The rate of interest 9 % which was comfortable for me with South Indian bank car loan department. The process is very fast with South Indian bank and the customer support was good with South Indian bank. The payments will be through ecs for my Xcent car. It was a excellent experience with South indian bank car loan team.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Feb 02, 2018
    • SBI Car Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      Taken a car loan with State Bank of India. I have received rs 9,00,000 against my car loan with the good rate of interest at 9.8%. Monthly loan premium is been charged rs 15,000. Also they gave me the best tenure plan of seven years. Very happy customer of State Bank of India.
      Was this review helpful? 0
      , lucknow
      Reviewed on Jan 30, 2018
    • SBI Car Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I have taken a car loan with SBI and my loan experience was very good. The loan amount was for Rs 3 lakhs with the rate of interest which is nominal when compared to other banks. The process was smooth and i received my loan amount immediately. Customer service was good and they followed up on time. The tenure of this loan is 5 years.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Jan 29, 2018
    • SBI Car Loan
      "Good service for car loan"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan from SBI bank. The rate of interest was 10% for the approved loan amount of 3 lakhs.The monthly EMI comes around 6480. The total tenure is for 5 years with no processing fees but i have pre closed the loan and there was no pre closure charges.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Jan 24, 2018
    • SBI Car Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I have taken a Car loan with SBI and my loan experience was very good. The loan amount was for Rs 6.50 lakhs with the rate of interest of 8-9% which is nominal when compared to all other banks. Customer service was good and they followed up on time. My loan amount was based on the ex-showroom price. There are no charges on pre closure and part payment. The tenure of this loan is 5 years.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 23, 2018
    • SBI Car Loan
      "Good deal and services"
      0.5 5.0/5 "Blown Away!"
      My car loan is with State Bank of India. I have taken the loan couple of years back. The process was easy and smooth. The documentation was also nominal. The rate of interest and processing charges are normal when compared to other banks. The after loan services are also good.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Jan 23, 2018
    • SBI Car Loan
      "Good"
      0.5 4.0/5 "Great!"
      I am having the car loan with the State bank of India and the rate of interest was not aware by my end now. I would like to say that the customer service is fine one for me and the response is good too. I am really happy with the State bank of India.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 23, 2018
    • SBI Car Loan
      "Best service"
      0.5 4.0/5 "Great!"
      I have taken a Car loan with State bank of India.The loan amount is seven lakhs,rate of interest is nominal as compared to others.They had deducted minimum amount of processing fees.I pay my EMI through an ECS payment.The loan process is simple with SBI.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 20, 2018
    Common Loader Icon
     Loading your search... Loading your search...
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.