If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
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  • State Bank Of Bikaner And Jaipur Car Loan Reviews

    • State Bank of Bikaner Jaipur Car Loan
      "Two best features"
      0.5 4.0/5 "Great!"
      The two key elements of SBBJ Car loan is nothing but maximum loan amount followed by maximum tenure. The process was very smooth no hassle as such. The biggest advantage was SBBJ was able to provide the maximum tenure therefore I decided to take loan from SBBJ.
      Was this review helpful? 2
      , jaipur
      Reviewed on Sep 10, 2016
    • State Bank of Bikaner Jaipur Car Loan
      "Good for interest rate offer"
      0.5 5.0/5 "Blown Away!"
      I bought a Chevrolet car and it was from the showroom that I got my auto loan financed by State Bank of Bikaner and Jaipur. Their initial rate of interest was 10.12% but on offer price it was reduced to 9.8% which was very much affordable. I had to just go for my signatures on the documents and the rest was taken care of by the bank executive. I paid around Rs.1.75 Lakhs and signed some documents and on the 3rd day I got my car.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 01, 2016
    • State Bank of Bikaner Jaipur Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      On the same day of my approach for the car loan to SBBJ bank they sanctioned 80 % of the amount . The process was very smooth as i have the account with them. Documents were also collected in one day. Interest rate charged was 9.85% interest rate.
      Was this review helpful? 0
      , jaipur
      Reviewed on Apr 21, 2016
    • State Bank of Bikaner Jaipur Car Loan
      "Excellent Services"
      0.5 5.0/5 "Blown Away!"
      Normally we think that nationalized banks are slow in their process. But it was not the case with SBBJ bank. I have taken my car loan from them. It was an excellent process. They completed the loan within two days. I also got a very reasonable rate of interest. And the processing charges was zero too. Overall a satisfactory experience.
      Was this review helpful? 0
      , alwar
      Reviewed on Apr 20, 2016
    • State Bank of Bikaner Jaipur Car Loan
      "Pretty happy and satisfied !"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan from State Bank of Bikaner and Jaipur. The customer service they offered and their responsiveness was awesome. It was a very smooth and swift process. The loan processing and documentation was hassle free and the loan amount was disbursed quickly as well.They did waive off the processing fee as well.
      Was this review helpful? 8
      , new delhi
      Reviewed on Mar 22, 2016
    • State Bank of Bikaner Jaipur Car Loan
      "The best car loan"
      0.5 5.0/5 "Blown Away!"
      First of all, there is no processing fee for SBBJ Car loan. There is no foreclosure charges. The interest rate offered by them is the least in the market which is 9.85% flatFirst of all, there is no processing fee for SBBJ Car loan. There is no foreclosure charges. The interest rate offered by them is the least in the market which is 9.85% flat. They have offered the loan for a period of 48 months. The loan amount is 3 lakhs. I visited the branch with complete documents and within 2 hours the loan was approved. They have offered the loan for a period of 48 months. The loan amount is 3 lakhs. I visited the branch with complete documents and within 2 hours the loan was approved
      Was this review helpful? 0
      , kota
      Reviewed on Nov 14, 2015
    • State Bank of Bikaner Jaipur Car Loan
      "Good rates"
      0.5 5.0/5 "Blown Away!"
      It was a nice experience with State Bank of Bikaner and Jaipur and I have got the car loan within 24hours.The interest rate applied was a good rate and I can make the repayment after the 6months without any charges applied and comfortable mode.The charges applied was quite less.
      Was this review helpful? 1
      , jaipur
      Reviewed on Nov 12, 2015
    • State Bank of Bikaner Jaipur Car Loan
      "Quick Processing!"
      0.5 5.0/5 "Blown Away!"
      I took my car loan with State bank of Bikaner and Jaipur. Within 2 days, my loan application is approved and the loan amount is also disbursed. Required documents like salary certificates, form 16 and bank statements were collected for the loan process.
      Was this review helpful? 0
      , kolkata
      Reviewed on Nov 02, 2015
    • State Bank of Bikaner Jaipur Car Loan
      "The Best Bank..."
      0.5 5.0/5 "Blown Away!"
      State bank of Bikaner and Jaipur is the best. I got very less interest rate for my car loan. I have a good relationship with the manager. They were also offering other loans. I got this car loan processed in a very short period. EMI dates are comfortable. They allow part payments and fore closure.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 02, 2015
    • State Bank of Bikaner Jaipur Car Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      My Car loan experience with State Bank of Bikaner and Jaipur was not that good. It was my salaried account with this bank and they did not collect any processing charges for the application. The customer service offered was very bad and also there was no proper response from the bank.
      Was this review helpful? 1
      , jaipur
      Reviewed on Jul 23, 2015
    • State Bank of Bikaner Jaipur Car Loan
      "Very Good"
      0.5 5.0/5 "Blown Away!"
      I have taken a Car Loan from State Bank of Bikaner and Jaipur in 2015. The tenure period is 5 years. I have bought a commercial vehicle. The response was really good from the bank as they processed the loan within 7 days after submitting the documents. The processing fee they collected is only Rs 750, interest rate is 13.75% which is less since the loan is for commercial vehicles. Part payment option is available and no charges for pre-closure.
      Was this review helpful? 1
      , jaipur
      Reviewed on Jul 22, 2015
    • State Bank of Bikaner Jaipur Car Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      When I applied for a car loan from State bank of Bikaner and Jaipur the experience was good. They were really quick in processing and were very supportive for availing the loan. The manager is really good. After the loan disbursed the response must be improved. The rate of interest was 11.25% which was reasonable. There was no processing fees. It took 4 days got the loan.
      Was this review helpful? 2
      , udaipur
      Reviewed on Jan 10, 2015
    • State Bank of Bikaner Jaipur Car Loan
      "Great"
      0.5 4.0/5 "Great!"
      My overall experience of availing a car loan from State bank of Bikaner & Jaipur in the month of Jun'2014 was great. It was directly from the showroom I had availed the car loan. They sanctioned my loan on the very next day of documentation and my vehicle was delivered within a week. They offered me the lowest rate of interest and processing fee as well.
      Was this review helpful? 1
      , kolkata
      Reviewed on Oct 14, 2014
    • State Bank of Bikaner Jaipur Car Loan
      "Outstanding service"
      0.5 5.0/5 "Blown Away!"
      I have taken two car loans from State bank of Bikaner & Jaipur and the loans are still running. It is a very good bank and within just two days they approved my loan and delivered the car. Bank people are very nice and they don't harass and the best part is the verification is done by the bank personnel itself. I was recently looking for a personal loan which I would have taken it from this bank If I've had a salary account with them.
      Was this review helpful? 0
      , noida
      Reviewed on Aug 07, 2014
    • State Bank of Bikaner Jaipur Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      State Bank of Jaipur car loan the processing fees is zero and the interest rate is lowest and there is no prepayments charges and foreclosure they don't charge for it, the processing was very good and they created the account in one day and they gave the loan amount in the same day.
      Was this review helpful? 0
      , chandigarh
      Reviewed on Aug 02, 2014
    • State Bank of Bikaner Jaipur Car Loan
      "Excellent services"
      0.5 4.5/5 "Excellent!"
      I took a Car Loan from SBBJ. There services are awesome. First time in my life i saw that is is much more better that a private back. They hardly took 1 day to approve my loan and gave me a sanction letter hand to hand. Never created any problem and it is almost 10 months now... GREAT JOB!!!!!!!
      Was this review helpful? 1
      , new delhi
      Reviewed on Jul 08, 2014
    • State Bank of Bikaner Jaipur Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I was very happy on receiving the car loan from State bank of Bikaner & Jaipur in the month of Feb'2014. It was good banking with them because they processed my loan in just 2 hours on collecting very less documents. The way they treat the customers is very good and the executives are very helpful. Rate of interest is quite good and the processing fees was just rs500. I already recommended the bank to some of my friends.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jun 13, 2014
    • State Bank of Bikaner Jaipur Car Loan
      "Wonderful job done"
      0.5 4.0/5 "Great!"
      I took the Car loan from State Bank of Bikaner as there was good customer interaction and I felt satisfied about it. I wanted to specify about the interest rate which was low compared with other banks. I went directly to the bank got the draft and submitted to the dealer and the overall process completion was 2 days. Overall experience was wonderful.
      Was this review helpful? 1
      , new delhi
      Reviewed on May 26, 2014
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    State Bank of Bikaner Jaipur (SBBJ) Car Loan Eligibility Calculator is Rated as "Blown Away!" by 18 Users

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    Car Loan BYTES FROM OUR KITCHEN

    State Bank of Bikaner and Jaipur Car Loan Eligibility Overview

    State Bank of Bikaner and Jaipur (SBBJ) has its origins in 1943 when the Bank of Jaipur Ltd. and the Bank of Bikaner Ltd were established. These 2 banks became subsidiaries of the State Bank of India at 1960 and later in 1963 they were consolidated to become State Bank of Bikaner and Jaipur. The bank has a widespread presence in India with around 1049 branches. SBBJ aims to provide value-driven banking solutions to its customers.


    SBBJ car loan scheme is provided to customers for the purpose of purchase of new cars as well as old cars, including vehicles such as MUVs, SUVs, Jeep, etc. The Bank offers car loans at low interest rates and with easy EMI options.

    Eligibility Criteria for State Bank of Bikaner and Jaipur Car Loan

    • Salaried employees as well as pensioners who earn a net annual income of at least Rs. 3 lakh, is eligible to apply for a SBBJ car loan. For this purpose, the applicant need not have a salary account with the Bank.
    • Professionals, self-employed, partnership and proprietary firms with a net profit or gross taxable income of at least Rs. 4 lakhs as shown in their Income Tax Returns.
    • Agriculturists: Any individual whose primary source of income is from agriculture and related activities are eligible to apply for the car loan from SBBJ if they have a net annual income of at least Rs. 4 lakhs.
    • The borrower must not be older than 70 years of age at the time of loan maturity.
    Apply for Car Loan Online

    Factors affecting State Bank of Bikaner and Jaipur Car Loan Eligibility

    When you apply for a car loan, there are other underlying factors that helps a bank to determine whether you are eligible or not. Several factors play a determining role in getting your car loan approved. There are many important factors that are to be considered at the time of application that will help you to understand your chances of getting a car loan approval from South Indian Bank:

    • CIBIL Score: This is one of the most important factors affecting your car loan eligibility since banks check your credit ratings on CIBIL in order to asses your repayment capacity. if your credit history shows a bad credit score, then your chances of getting a car loan approval is very low. If you have taken loans or defaulted on any due credit then it reflects badly on your CIBIL score. Each applicant can check their credit score on the CIBIL website and review their credit history. Since SBBJ, like other banks and NBFCs, scrutinizes your bank statements and all your open accounts, they will have a clear idea of your expenses and pay-outs towards loans, bills, etc. If your expenses and other outflows are not over 55-60% of your monthly income, you will be considered favourably for the car loan.
    • Number of Dependents: The number of dependents in your family can also affect your creditworthiness. The reason behind this is that the more the number of people dependant on you (parents, children, spouse, etc.) be the income outflow.
    • Debt-to-income ratio: This is one of the initial checks made by the Bank, in order to find out whether the borrower can repay the car loan regularly over a specified period of time. This can be evaluated mainly from the applicant’s monthly income - if the net monthly salary meets the income criteria and if the EMI on the car loan can be repaid with less than 40-45% of monthly income, you are considered eligible. There are other additional factors that are considered along with this- the regular incentives, bonuses, other income sources, etc. which has remained stable for a specified time period and the payout made for other dues and expenses like rent, bills, EMIs etc. is deducted from this value. This can raise the amount of loan as well as the chances for approval.
    • Another component that determines the favourable processing of your car loan, is the loan amount you have applied for as well as the percentage of loan margin paid by you towards acquiring the car. If you pay a substantial amount as down payment, the loan amount can be greatly reduced and you can save on the interest accrued. Banks approve such smaller loans quickly since easy repayment is assured.
    • Age criteria: Even if you meet the Bank’s age limit, the chances of you getting a loan approved depends on some other factors. Banks consider younger borrowers to make consistent payments towards the loan. Age plays an important role not just while approving a loan amount, but also while deciding the loan tenure.

    How to increase your State Bank of Bikaner and Jaipur Car Loan Eligibility

    • Guarantor: If you have a guarantor with good social standing,your chances of getting a car loan approved is high.
    • Collateral/Security: If you pledge a collateral or security such as your fixed deposit, gold, Insurance, property deeds etc. to the bank in exchange for the car loan, you can increase your chances of getting your loan approved.
    • Pay all your loans and other credits regularly so that it does not affect your credit rating in CIBIL.
    • It is better to have both secured and unsecured loans or less of unsecured loans, in your credit history since this will be considered favourably by the Bank.
    • Review your Joint accounts and other accounts/transactions you are a guarantor in and make sure there are no defaults made.
    • If you are a co-signatory to a loan or any other credit, make sure that you review such accounts frequently. Any defaulted payments in such accounts will reflect on your credit score poorly as well.

    State Bank of Bikaner and Jaipur Car Loan Eligibility calculator

    Now, you can find out whether you are eligible for State Bank of Bikaner and Jaipur car loan in an instant! All you have to do is check online for the car loan eligibility calculator tool, enter your details and other relevant factors and the tool will calculate your eligibility for availing a car loan from SBBJ. You needn’t waste any time and effort in research and contacting the Bank’s executives, since car loan eligibility calculator tool available online is a simple solution to your need. All you have to do to is to enter the information as prompted by the tool. Details you need to enter include: choice of car/model, price of the car, your date of birth, income, type of employment (salaried/self-employed), etc. Once you click on “calculate”, the tool shows you detailed information regarding your car loan eligibility, including loan amount that you are eligible for, loan tenure, etc.

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