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    We found 2 SBI Car Loan Status - Track SBI Car Loan Application Status
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    7 Years
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    SPECIAL OFFER FOR WOMEN
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    SBI Car Loan Status - Track SBI Car Loan Application Status is Rated as "Excellent!" by 1193 Users

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    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.

    Documents required for SBI Car Loan Application

    To avoid rejection, ensure to submit valid supporting documents such as ID proof (Voter's ID, PAN card or Passport), address proof (Driving License or utility bills), age proof (birth certificate), income proof (the latest salary slip, last 6 months bank statement, and IT returns) and recently taken passport-size photographs along with the duly-filled and signed application form. The supporting documents should match the information provided on the loan application form. SBI car loan application form can be downloaded from the bank website or obtained in person from the nearest bank (SBI) branch. SBI branches in different cities or states can be located using the online branch locator tool.

    Check SBI Car Loan Status Online

    In addition to applying for a car loan online, you can also check the status of your loan application on the website. Nowadays, with the advent of technology, everything is available at the tip of your fingers. It’s no wonder that the banking sector has taken advantage of the latest technologies to provide better access to financial services and products to its customers.

    As one of the top most lenders in the country, State Bank of India provides its customers the facility to keep track of their car loan status online. This online facility makes it easier for applicants to check their car loan application status in the comfort of their home or office. It is beneficial in terms of the optimum use of one’s time, energy, and resources. It is necessary to check your car loan application status in order to find out if and when you will get your funds to purchase your dream car.

    Documents required for SBI Car Loan Application

    To avoid rejection, ensure to submit valid supporting documents such as ID proof (Voter's ID, PAN card or Passport), address proof (Driving License or utility bills), age proof (birth certificate), income proof (the latest salary slip, last 6 months bank statement, and IT returns) and recently taken passport-size photographs along with the duly-filled and signed application form. The supporting documents should match the information provided on the loan application form. SBI car loan application form can be downloaded from the bank website or obtained in person from the nearest bank (SBI) branch. SBI branches in different cities or states can be located using the online branch locator tool.

    Check SBI Car Loan Status Online

    In addition to applying for a car loan online, you can also check the status of your loan application on the website. Nowadays, with the advent of technology, everything is available at the tip of your fingers. It’s no wonder that the banking sector has taken advantage of the latest technologies to provide better access to financial services and products to its customers.

    As one of the top most lenders in the country, State Bank of India provides its customers the facility to keep track of their car loan status online. This online facility makes it easier for applicants to check their car loan application status in the comfort of their home or office. It is beneficial in terms of the optimum use of one’s time, energy, and resources. It is necessary to check your car loan application status in order to find out if and when you will get your funds to purchase your dream car.

    How to Check SBI Car Loan Application Status?

    There is no paperwork involved in checking your car loan application status online. That is a good thing as you aren’t liable to face any hassle when there is no paperwork involved. Tracking one’s car loan application status online is not only a simple task but also quick. The applicant has to just enter certain details such as the type of loan, application ID, and his or her Date of Birth (DOB) into the tool. Click on 'Submit' and get instant results of his or her car loan application status.

    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
      "Good service"
      0.5 4.0/5 "Great!"
      My car loan experience was good with SBI, the process was quick and i received my loan amount on time. My loan was approved based on the on-road price. The tenure period of this loan is 7 years. Customer service was good and they collected documents on time. The rate of interest was nominal when compared to other banks.
      Was this review helpful? 0
      , pune
      Reviewed on Apr 24, 2018
    • SBI Car Loan
      "Car loan from SBI"
      0.5 5.0/5 "Blown Away!"
      I have taken car loan from SBI and the approved loan amount was 5 lakhs. The rate of interest was 9.3%. The tenure was for 5 years. The monthly EMI comes around 11000. It was a fast approval from SBI. The customer service and response was good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Apr 23, 2018
    • SBI Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken a car loan with SBI and my loan experience was good, the loan amount was for Rs 4 lakhs with rate of interest of 9.1% which is nominal rate when compared to other banks. I pay an EMI of Rs 8229 and my loan was approved based on the on-road price. The tenure of this loan is 5 years and there are no charges on preclosure of the loan.
      Was this review helpful? 0
      , kolkata
      Reviewed on Apr 09, 2018
    • SBI Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      My car loan experience with SBI was good, the process was smooth and i received my loan amount within the given time. The loan amount was for Rs 5.05 lakhs with nominal interest rate. My loan amount was based on the on-road price. Customer service was fine and the tenure of this loan is 7 years.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 31, 2018
    • SBI Car Loan
      "Car loan emi late charges"
      0.5 1.0/5 "Really Bad"
      SBI is the worst bank i have ever seen.They can't even do one emi deduction properly. Eventhough i have amount in my non sbi account they won't deduct the amount on time later they will charge late payment fee. SBI is the worst bank with worst service.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 26, 2018
    • SBI Car Loan
      "Excellent 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 SBI. The rate of interest and the charges were quite low with the STATE BANK OF INDIA car loan services when compared with other banks.
      Was this review helpful? 0
      , allahabad
      Reviewed on Mar 26, 2018
    • SBI Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I had got the car loan from the STATE BANK OF INDIA and I have fore closed it. The customer support service is good with the STATE BANK OF INDIA and they give good response to the customers. They have sanctioned my car loan within 2 to 3 hours of time.
      Was this review helpful? 0
      , nagpur
      Reviewed on Mar 23, 2018
    • SBI Car Loan
      "Smooth process"
      0.5 4.0/5 "Great!"
      My car loan is with State bank of India. The customer services and response is good and the process is also smooth. The rate of interest and processing charges is normal and I closed the loan as well. The after loan services were also good and smooth.
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 19, 2018
    • SBI Car Loan
      "Hassle free"
      0.5 5.0/5 "Blown Away!"
      My car loan is with State Bank of India. I never had any issues and I received the loan on time as well. The services and response is good and I also also closed the loan. It was a good experience and hassle free and the interest rate and charges were normal.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 18, 2018
    • SBI Car Loan
      "Below average service"
      0.5 2.0/5 "Expected more"
      STATE BANK OF INDIA was kept on deducting the car loan EMI even the tenure got closed and after I have raised the complaint they have refunded my money. The process dont have any transparency with the STATE BANK OF INDIA . I have the got the car loan from STATE BANK OF INDIA with the tenure of 7years.
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 15, 2018
    • SBI Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken a Car loan with SBI and my loan experience was very good. The loan amount was for Rs 3 lakhs with nominal rate of interest when compared to other banks. The process was smooth and i received my loan amount on time. Customer service was good, they followed up on time and the tenure of this loan is 3 years.
      Was this review helpful? 0
      , chennai
      Reviewed on Mar 14, 2018
    • SBI Car Loan
      "Good"
      0.5 4.0/5 "Great!"
      MY car loan was taken with SBI 1.5 years back. The loan amount was 10 lakhs and the Interest rate was 10-11% which is bit high than other banks. The EMI period was 7 years. The loan process was very smooth and good . The processing fee was nominal.
      Was this review helpful? 0
      , chennai
      Reviewed on Mar 02, 2018
    • SBI Car Loan
      "Good Experience"
      0.5 4.5/5 "Excellent!"
      SBI gave me the best interest on the car loan, I purchased the Swift Dezire. They have disbursed the loan within a week. I took the loan amount of Rs. 6 lakhs for the tenure of five years. The interest rate was good, and there was less processing fee.
      Was this review helpful? 0
      , chennai
      Reviewed on Feb 28, 2018
    • SBI Car Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I have taken a Car loan with State bank of India,the loan amount is 2.12 lakhs,the rate of interest is low 9.5% as compared to others.Th tenure is 5 years.EMI amount is registered for an auto debit payments.They had processed the loan within 2-3 days of time.I have no additional charges.
      Was this review helpful? 0
      , new delhi
      Reviewed on Feb 27, 2018
    • SBI Car Loan
      "Best"
      0.5 5.0/5 "Blown Away!"
      I have taken the car loan with the State bank of India and the customer service is good one. I would like to say that the response is very good one and the loan amount got disbursed within two days of time. I am happy with the State bank of India.
      Was this review helpful? 0
      , lucknow
      Reviewed on Feb 27, 2018
    • SBI Car Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      STATE BANK OF INDIA has approved my car loan around a year ago. The customer support service is good with the STATE BANK OF INDIA and they have disbursed the loan amount within 15days of time. The rate of interest and the charges are low with the STATE BANK OF INDIA car loan service.
      Was this review helpful? 0
      , kolkata
      Reviewed on Feb 27, 2018
    • SBI Car Loan
      "Good Loan"
      0.5 5.0/5 "Blown Away!"
      I have taken maruti suzuki car on the basis of this Loan. They gave me the loan immediately. It was taken a while back and they gave me an interest rate of 10%, which was at that time below the market standards. The overall experience with it has been pretty good.
      Was this review helpful? 0
      , goa
      Reviewed on Feb 22, 2018
    • 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
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