Car Loan in Bikaner : Top 10 Banks in Bikaner to get a new or used car loan

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Get a car loan in Bikaner now from top banks in Bikaner that are popular for getting a new or used car loan in Bikaner. For some people a car is an investment while for some people it is a luxury. Not every individual can afford to purchase a car and for those who want to purchase a car as an investment for the family, there are car loans for them. People are confused and lost about which bank is safe for a car loan or where can they get most of the benefits. Don’t worry! This article will help you to select the bank which are the top banks in Bikaner where you can get car loans and the benefits for car loans in those banks.

Top 10 Banks to get a Car Loan in Bikaner

Following is the list of top 10 banks in Bikaner to get a car loan,

1. State Bank of India, Bikaner (SBI)

State Bank of India is one of the most prestigious banks of the country. Its headquarters is in Mumbai, Maharashtra. This bank serves worldwide. It also provides good deals for car loans. State Bank of India provides an individual with low interest rates, low EMI, minimal paperwork and quick disbursement. State Bank of India so one of those banks which most of the people turn to for their car loans. A person should be aging between 21 to 67 years of age to be eligible for the car loans of State Bank of India. SBI Car Loan interest rate is 9.30 to 9.80%. It also provides 100% of on-road price. Provides maximum loan tenure of 7 years. EMI per Rs. 1 lakh is Rs. 4580 for a 2-year loan and Rs. 2088 for a 5-year loan.

2. HDFC Bank, Bikaner

HDFC Bank is another known bank in the country. Its headquarters is in Mumbai, Maharashtra. This bank serves across the country. HDFC Bank provide the clients with best deals for car loans. EMI method is the most used method for car loans in this bank. This bank provides the clients with the great EMI options for financing the car. A person should be aging between 21 to 60 years of age to be eligible for the car loans of HDFC Bank. HDFC Car Loan interest rate is 9.25% which depends on the net income, down payment and other factors. It also provides 100% of on-road price. Provides maximum loan tenure of 7 years. EMI per Rs. 1 lakh is Rs. 4580 for a 2-year loan and Rs. 2088 for a 5-year loan.

car loan in Bikaner

3. ICICI Bank, Bikaner

ICICI Bank, another known bank in the country. Its headquarters is in Mumbai, Maharashtra with its registered office in Vadodara, Gujarat. This bank serves worldwide. ICICI Car Loan provides their customers with EMI plans depending upon the price range, easy documentation, etc. If you are already a part of ICICI Bank then the bank will provide the customers with the benefit of reduced documentation. ICICI Car Loan interest rate is 9.75%. It also provides 100% of on-road price. Provides maximum loan tenure of 7 years. EMI per Rs. 1 lakh is Rs. 4580 for a 2-year loan and Rs. 2088 for a 5-year loan.

4. Punjab National Bank, Bikaner (PNB)

Punjab National Bank one of the reputed banks in the country. PNB provides car loans to both salaried and self-employed individuals. PNB provides low rate EMI to its customers. A person should be aging between 21 to 65 years of age to be eligible for Car Loans of Punjab National Bank. PNB Car Loan interest rate is 8.75 to 9.20%. It also provides 85% of on-road price. Provides maximum loan tenure of 7 years. EMI per Rs. 1 lakh is Rs. 4580 for a 2-year loan and Rs. 2088 for a 5-year loan.

used car loan in Bikaner

5. Bank of Baroda, Bikaner (BOB)

Bank of Baroda is one of the prestigious banks of the country. Its headquarters is in New Delhi, India. This bank serves worldwide. It provides Car Loans to both salaried and self-employed individuals. It also provides best deals on EMI depending upon the customer’s price range for financing a car. A person should be aging between 21 to 65 years of age to be eligible for Car Loans of Bank of Baroda. BOB Car Loan interest rate is 8.90 to 10.65%. It also provides 85% of on-road price. Provides maximum loan tenure of 7 years. EMI per Rs. 1 lakh is Rs. 4580 for a 2-year loan and Rs. 2088 for a 5-year loan.

Read Also: What is SIP

6. Axis Bank, Bikaner

AXIS Bank is another known bank of the country being the third-largest bank. Its headquarters is in Mumbai, Maharashtra. This bank serves worldwide. AXIS Bank Car Loan is available for both salaried and self-employed customers. A person aging between 21 to 70 years of age are eligible for Car Loans of AXIS Bank. AXIS Bank Car Loan interest rate is 9.23 to 11.50%. Provides maximum loan tenure of 8 years. EMI per Rs. 1 lakh is Rs. 4580 for a 2-year loan and Rs. 2088 for a 5-year loan.

new car loan in Bikaner

7. Central Bank of India

Central Bank of India, another prestigious bank in the country. This bank is a government-owned bank. Its headquarters is in Mumbai, Maharashtra. This bank serves in India as well as Singapore, Dubai, Doha and London. The Car Loans rates provided by Central Bank of India are considered to be one of the best car loan rates in Bikaner. On the basis of borrower occupation, loan amount and loan tenure, the rate of interest varies in Central Bank of India. A person aging from 18 to 65 years of age are eligible for Car Loans of Central Bank of India. Cantal Bank of India Car Loan interest rate is 9.00% of new car and 9.95% for used car. It provides 90% of on-road price. Provides maximum tenure of 7 years. EMI per Rs. 1 lakh is Rs. 4580 for a 2-year loan and Rs. 2088 for a 5-year loan.

8. Union Bank of India

Union Bank of India, another known bank of the country. It is one of the largest government-owned banks. Its headquarters is in Mumbai, Maharashtra. This bank serves worldwide. Union Bank provides Car Loans to Resident Indian citizens as well as Non-Resident Indian (NRIs) holding valid license. A person aging between 18 to 70 years of age are eligible for Car Loans of Union Bank of India. Union Bank of India Car Loan interest rate is 9.20%. Provides maximum tenure of 7 years. EMI per Rs. 1 lakh is Rs. 4580 for a 2-year loan and Rs. 2088 for a 5-year loan.

best bank for car loan in Bikaner

9. Dena Bank

Dena Bank another known bank of the country. Its headquarters is in Mumbai, Maharashtra. This bank serves across the country. From 1st April, 2019, Dena Bank has been amalgamated with Bank of Baroda.  Dena Bank Car Loan interest rate is 9.10%. It provides 85% of on-road price. Provides maximum tenure of 7 years. EMI per Rs. 1 lakh is Rs. 1614.

10. IDBI Bank

IDBI Bank another known bank of the country. This is another government-owned bank. Its headquarters is in Mumbai, Maharashtra. This bank serves across the country. IDBI Bank Car Loans are available for both salaried and self-employed customers. A person aging between 18 to 70 years of age is eligible for Car Loans of IDBI Bank. IDBI Bank interest rate is 9.30 to 9.90% depending upon the net income, down payment and other factors. Provides maximum tenure of 7 years. EMI per Rs. 1 lake is Rs. 4580 for a 2-year loan and Rs. 2088 for a 5-year loan.

Above mentioned are top 10 banks in Bikaner for car loans which will help you choose your desired car loan for financing a car.  Hopefully, this article will be able to help you with your confusion.

Thank you for reading!

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