SBI Loyalty Car Loan Scheme is offered to the existing SBI home loan borrowers by the State Bank of India for the purchase of new and used cars that are available in the passenger and commercial vehicle segments. SBI car loan is available for most makes and models of cars in the Indian market. This scheme was introduced under the ‘Her Ghar Her Car’ theme in an effort to empower women by offering low-interest car loans to existing SBI home loan borrowers.
Here are some important features of the SBI Loyalty Car Loan Scheme:
Find out if you are eligible to apply for the SBI Loyalty Car Loan Scheme. Listed below are the eligibility criteria for the scheme:
Visit the State Bank of India webpage to download the car loan application form. Submit the duly-filled and signed application form with the necessary document proofs which include:
You can submit the car loan application form and the necessary document proofs at the nearest SBI branch in your area. The bank will verify the details furnished by you and process the car loan application form. Upon approval, the car loan amount will be disbursed immediately to your bank account.
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