Government Banks Offering Car Loans With The Lowest Interest Rates

Sneha Singh

State Bank of India (SBI)

SBI is known for its competitive car loan rates,  Starting from 8.75% p.a. making it a popular choice among borrowers.

Canara Bank

On taking car loans from Canara Bank , you have to pay interest  in between 7.30% to 9.90% p.a.

Bank of India (BOI)

BOI provides car loans with competitive rates that starts from 7.35% p.a. and also provides flexible repayment tenures.

Union Bank of India

Car loans from this bank ,may cost interest from 7.40% to 7.50 % p.a.

Central Bank of India

Central Bank provides comprehensive car loan schemes with attractive  interest rates starting from 7.25% to 7.50% and minimal documentation

UCO Bank

UCO Bank provides car loans with reasonable interest rates ranging from 7.70% -9.30% p.a.

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