SBI Certified Pre-Owned Car Loans

SBI Certified Pre-Owned Car Loans

Interest Rate

10.70% - 10.75%

Processing Fee

INR 1000 - 1500


upto 8 years



  • Age should be >21 and <65.
  • A Permanent employee of State / Central Government / Public Sector Undertaking / Private company or a reputed establishment. self-employed professional should be an income tax assessee.
  • Person engaged in Agricultural and allied activities.


  • Bank statement for last 6 months.
  • 2 passport size photograph.
  • Signature identification from Bankers of borrower.
  • Passport/Voters ID card/PAN card.
  • Proof of residence.
  • Latest Salary Slip.
  • Proof of official address for non-salaried individual
  • I.T. Returns/Form 16 of 2 years for Salaried employees
  • I.T. Returns/Form 16 of 3 years for Self employed



State Bank of India's Pre-owned car loan scheme is premium scheme that helps customers to avail lowest EMI cost loans with no advance EMI and longest and a easy repayment tenure of 7 years. SBI Pre-owned car loans have the lowest interest rates. In this particular scheme, customers can avail up to 85% of on road price of the car which includes,registration,insurance and accessories worth INR 25000. The interest on this scheme is calculated on daily reducing balance basis

1800 11 2211/1800 425 3800

Toll free -  080 26599990