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  • State Bank of Hyderabad Car Loan EMI Calculator is Rated as "Blown Away!" by 65 Users

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    State Bank of Hyderabad Car Loan EMI Calculator

    For those looking to buy cars and looking for the best car loan deal out there, State Bank of Hyderabad, now under State Bank of India, offers car loans at some of the best possible rates. Interested customers can check their eligibility in seconds and can choose the EMI they wish to take out to repay the loan. Knowing the EMI will help customers plan their finances in advance.

    How to use BankBazaar State Bank of Hyderabad EMI calculator to understand your car loan repayment

    Using the EMI calculator on the BankBazaar website will help customers understand how much they will have to shell out each month towards the EMI. The BankBazaar EMI calculator is a simple interface that gives customers EMI results in seconds. Apart from giving out the EMI calculation, customers can understand the loan breakup and progress with the help of the amortisation table.

    State Bank of Hyderabad EMI Calculator – How does it work?

    To calculate the EMI on a car loan from State Bank of Hyderabad, customers will have to enter the details mentioned below. Once the details have been entered, the EMI calculator will give the user an accurate result.

    • Loan amount - Drag the pointer on the scale to arrive at the loan amount you wish to avail.
    • Tenure - Choose the loan tenure with the help of the pointer.
    • Interest rate - Enter the interest rate that is offered by State Bank of Hyderabad on car loans.
    • Processing fee - Enter the processing fee charged by State Bank of Hyderabad.
    • Prepayment - Customers can choose whether they want to make the EMI calculation with or without the prepayment.
      • If the customer does not want to make the calculation with the pre-payment, he/she can enter the other details and click on “calculate”.
      • If you choose to make pre-payments, the customer will have to provide the information listed below:
        • Prepayment frequency
        • Prepayment amount
        • Pre-payment fee
        • How the pre-payment applies

    Once the information had been entered, click on the ‘Calculate’ button to get a detailed breakup of the total amount payable.

    Example: Taking into consideration the interest rate offered by State Bank of Hyderabad, using the BankBazaar State Bank of India EMI car loan calculator, let us calculate the EMIs a customer would be required to pay for different tenures. Assuming that the processing fee is 2%, listed below is the EMI calculation with the current State Bank of Hyderabad interest rate of 9.25% per annum.

    Loan amount (Rs.) Interest rate Processing fee EMI for 2 years (Rs.) EMI for 3 years (Rs.) EMI for 4 years (Rs.) EMI for 5 years (Rs.) EMI for 6 years (Rs.) EMI for 7 years (Rs.)
    10 lakh 9.25% 2% 45,800 31,916 25,004 20,880 18,150 16,216
    15 lakh 9.25% 2% 68,699 47,874 37,506 31,320 27,225 24,324
    20 lakh 9.25% 2% 91,599 63,832 50,008 41,760 36,300 32,432
    25 lakh 9.25% 2% 1,14,499 79,791 62,510 52,200 45,375 40,541
    30 lakh 9.25% 2% 1,37,399 95,749 75,012 62,640 54,450 48,649
    35 lakh 9.25% 2% 1,60,298 1,11,707 87,514 73,080 63,525 56,757
    40 lakh 9.25% 2% 1,83,198 1,27,665 1,00,016 83,520 72,599 64,865

    *Interest rates are subject to change following the GST rollout on July 1, 2017.

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    State Bank of Hyderabad Car Loan EMI Calculator – Feature and Benefits

    The State Bank of Hyderabad car loan EMI calculator performs complicated calculations in seconds, giving customers a clear cut idea of how much they would need to set aside towards the car loan each month. Some of the key features of the tool are listed below:

    • The user-friendly tool displays the results immediately once all the details have been entered. In a few seconds, the customer will have an accurate calculation.
    • For those facing issues with the tool or have a few doubts with regard to the calculations, they can contact the support team of BankBazaar.
    • The BankBazaar EMI calculator is completely free of cost.
    • In addition to the EMI breakup, the tool also displays the amortisation table - enabling customers to understand the progress of the loan easily.
    • The tool can be used multiple times - with different interest rates, processing fees, tenure and so on. Customers can make calculation to choose the best option for them.
    • If you wish to make a pre-payment towards the car loan, the tool gives you the option to calculate that as well.

    State Bank of Hyderabad EMI car loan calculator - FAQs

    1. What are the significant features of the State Bank of Hyderabad car loan?

      The State Bank of Hyderabad car loan is characterised by the following features:

      • Loan tenures can range between 12 months and 84 months.
      • Customers have the possibility of getting 100% finance for the purchase of several models of cars and multiutility vehicles.
      • Competitive interest rates with no hidden charges.
      • State Bank of Hyderabad promises disbursal within 7 working days - with minimal documentation and high transparency.
      • The bank also offers special benefits and innovative loyalty schemes for its car loan customers.
    2. What is a car loan amortization table?

      A car loan amortization table shows the payment schedule of your debt in a tabular format. In addition, it displays the breakup of the principal amount, interest rate, the total paid amount, and the outstanding loan balance.

    3. What is the formula for calculating car loan EMI?

      Using the following formula, EMI is calculated:

      EMI = [P x R x (1+R) ^N] / [(1+R) ^N – 1],

      Where, P is the principal amount, R is the interest rate on a monthly basis, and N is the number of installments.

      This formula does not take into account the pre-payments that you make towards the loan.

    4. Is using the EMI Calculator tool easier than making the calculations on an excel sheet?

      Calculating the EMI using the formula or an excel sheet would be time-consuming and errors are bound to surface. It is recommended to use the Bankbazaar State Bank of Hyderabad Car Loan EMI Calculator for the same.

    5. Without knowing the prepayment charges, how can I make the EMI calculations?

      You can visit the bank branch or call up the bank’s customer service desk and request for the prepayment charges. Once you get the details of the pre-payment charges, you can use this information as input to the EMI Calculator tool and get an accurate result.

    Car Loan Reviews

    • State Bank of Hyderabad Car Loan
      "Very good service"
      0.5 4.0/5 "Great!"
      The car showrooms itself has the better bank partners , which links with the best loan amount with the better bank. Likewise I got the car loan with State Bank of Hyderabad. They have disbursed my car loan within 3 to 4 days of time. The rate of interest was negotiable with SBH and they have offered me the car loan with 8.5% interest rate. The fore closure option available with SBH bank car loan. I am happy about the loan amount and satisfied with the service.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jul 05, 2017
    • State Bank of Hyderabad Car Loan
      "Good Process"
      0.5 5.0/5 "Blown Away!"
      State bank of Hyderabad done with the car loan process within a day. The interest rate is around 9%-9.5% which is satisfactory. They were good in response and they processed the loan without any hassles. The entire loan process went good.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 03, 2017
    • State Bank of Hyderabad Car Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      Five years back I had taken the car loan from State Bank of Hyderabad. I almost completed 5 yrs and 2 more years to go. Interest rate for the loan was 8% at that time I believe. I directly approached SBH for the loan and everything went smooth with them. I had no issues with the bank for the loan.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 12, 2017
    • State Bank of Hyderabad Car Loan
      "Satisfied"
      0.5 5.0/5 "Blown Away!"
      The process at SBH has been smooth for the car loan. The response is good in the collection of my documents and the services has been perfect till the disbursement. They offered me a good interest rate and the processing charges was also normal. In all no hassles faced.
      Was this review helpful? 0
      , nasik
      Reviewed on Apr 18, 2017
    • State Bank of Hyderabad Car Loan
      "Nice service"
      0.5 4.0/5 "Great!"
      State Bank of Hyderabad is my existing bank for my savings account. Hence I applied for a car loan with them. I got a good response from them on my loan and I had submitted all the required documents with them. It is under process, so far no issues with them, the process is going smooth.
      Was this review helpful? 0
      , nanded
      Reviewed on Apr 07, 2017
    • State Bank of Hyderabad Car Loan
      "Hassle Free"
      0.5 5.0/5 "Blown Away!"
      I took the car loan during the year 2010, at the time SBH offered me 9% of floating interest it was high. Now my car loan got without any hassles even I got my NOC letter from the bank. Now SBI is taking initiative for all SBH products, I hope SBH is now better but it was a good experience with them for the car loan.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 27, 2017
    • State Bank of Hyderabad Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I took car loan with the State Bank of Hyderabad and the interest rate is around 6.5% as of now, which they have reduced. The loan amount got disbursed to my account very immediately like it got sanctioned within a day of time but processing time took around one week of time.
      Was this review helpful? 0
      , chennai
      Reviewed on Mar 14, 2017
    • State Bank of Hyderabad Car Loan
      "Its Good"
      0.5 5.0/5 "Blown Away!"
      I have taken car loan from SBH, My Maruthi showroom dealer have suggested me to process with them, SBH done a great job within a day they approved the loan and disbursed the amount of Rs.3.6 Lakhs to the dealer and I did not face any issues on ECS Payment, its convenient to make my EMI through auto debit.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 09, 2017
    • State Bank of Hyderabad Car Loan
      "Very Friendly Banking"
      0.5 5.0/5 "Blown Away!"
      Renault showroom got tie up with SBH, They have suggested me for the car loan. I processed with them, Bank manager came to my place and collected my documents and done the disbursement with the least interest rate of 9.2% and without processing fee. SBH taken only stamp duty charges of Rs.1600. Totally its a good experience with SBH for the car loan.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Feb 25, 2017
    • State Bank of Hyderabad Car Loan
      "High speed process"
      0.5 5.0/5 "Blown Away!"
      I was taken my car loan with SBH. They has taken only 45 mins for my loan approval. Documentation process also simple, they asked only PAN Card. My loan amount was 5.5 lacs with years tenure. The Interest rate was less 9.25%, also there was no processing fees. So I was very happy with their services.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Feb 02, 2017
    • State Bank of Hyderabad Car Loan
      "Instant car loan"
      0.5 5.0/5 "Blown Away!"
      SBH car loan process was very easy and quick. Its hassle free and even it is funny to disclose that they did not ask me for the pan card later they realized that pan card is missing and they had politely asked me for the pan card through mail.More than all, Hypothetication is there in my name in RC book, rather it should be have been on the Bank's name.
      Was this review helpful? 1
      , new delhi
      Reviewed on Dec 20, 2016
    • State Bank of Hyderabad Car Loan
      "Fine"
      0.5 3.5/5 "Pretty good"
      Getting a car loan from SBH, was very simple and it was an easy task too. The process was very straight, I received good guidance from their executives. The bank asked me only the major papers for processing the loan. Moreover, there were no hidden charges which is involved.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 11, 2016
    • State Bank of Hyderabad Car Loan
      "Good response"
      0.5 5.0/5 "Blown Away!"
      I got the car loan with State bank of Hyderabad and the interest rate was nominal one with them. Within a day of time the loan amount got disbursed and I do have every documents in proper manner, so immediately loan amount got sanctioned.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 28, 2016
    • State Bank of Hyderabad Car Loan
      "Wonderful"
      0.5 5.0/5 "Blown Away!"
      I got car loan with State Bank of Hyderabad and the interest rate was nominal one with them. The loan amount got disbursed to my account within a week of time. Processing charges were very minimal with them and the documentation process are good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 25, 2016
    • State Bank of Hyderabad Car Loan
      "Good service "
      0.5 5.0/5 "Blown Away!"
      Faster service was provided by SBH for getting the car loan processed.They have taken 2hours of time for processing.They have collected all the required documents for the processing.The rate offered was around 9.87% for the car loan.They have applied very less charges for processing.
      Was this review helpful? 0
      , warangal
      Reviewed on Jun 01, 2016
    • State Bank of Hyderabad Car Loan
      "Quick"
      0.5 4.5/5 "Excellent!"
      State bank of Hyderabad disbursed my car loan within three to four days, it was a quick approval because the showroom dealer took care of all the process. There was no processing fee for the loan which was the best part. They sanctioned 85%-90% of the loan amount.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 09, 2016
    • State Bank of Hyderabad Car Loan
      "Quick response but could revise rates"
      0.5 5.0/5 "Blown Away!"
      It was during the year 2012 I had taken a car loan from State Bank of Hyderabad for the Ford Figo. As I am their customer for about 14 years, I get a very good response and customer service. The rate of interest charged was 11% which is high according to me its better than other banks. The loan was sanctioned in the evening and it was a very quick and easy loan process.
      Was this review helpful? 0
      , vijayawada
      Reviewed on May 09, 2016
    • State Bank of Hyderabad Car Loan
      "Very nice experience and good offers"
      0.5 5.0/5 "Blown Away!"
      I recently took a car loan with State Bank of Hyderabad. They had some good offers going on. I got an interest rate of 9.9% and they did not charge me any processing fee. The loan tenure is for 7 years. The loan process and documentation was pretty smooth and the disbursal took about a week.
      Was this review helpful? 1
      , bangalore
      Reviewed on Mar 31, 2016
    • State Bank of Hyderabad Car Loan
      "Lot of formalities!"
      0.5 3.0/5 "Satisfactory"
      State bank of Hyderabad is following lot of formalities in disbursing the car loan. They are not responding to the customers properly. Along with that, they deducted some charges while disbursal. I would suggest them to provide information about the hidden charges in prior to the applicants.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Feb 08, 2016
    • State Bank of Hyderabad Car Loan
      "Very responsive..."
      0.5 5.0/5 "Blown Away!"
      Compare to all SBH is good in terms charges. I got very good deal from SBH. I have taken a car loan from them. I faced lots of problem even though they resolved my all quires. I got my loan amount within 3 working days. They were very responsive even I got support from their Manager end.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 29, 2016
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