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Bank name
Interest Type Interest Rates for various term Action
1 yr
2 yrs
3 yrs
4 yrs
5 yrs
6 yrs
7 yrs
  49 Sample Results based on default inputs.
South Indian Bank Fixed 14.25 14.25 14.25 14.25 14.25 NA NA
Saraswat Bank Fixed 10.0 10.0 10.0 10.5 10.5 11.0 11.0
The Ratnakar Bank Fixed 12.5 12.5 12.5 12.5 12.5 NA NA
Karur Vysya Bank Fixed 11.5 11.5 11.5 11.5 11.5 NA NA
Syndicate Bank Floating 9.0 9.0 9.0 9.0 9.0 9.0 NA
Dena Bank Floating 10.75 10.75 10.75 11.0 11.0 11.0 NA
State Bank of Travancore Fixed 11.0 11.0 11.0 11.0 11.0 11.25 11.25
United Bank of India Fixed 12.0 12.0 12.0 12.5 12.5 12.5 NA
Oriental Bank of Commerce Floating 10.25 10.25 10.25 10.75 10.75 10.75 10.75
Bank of Maharashtra Floating 10.75 10.75 10.75 11.25 11.25 11.25 11.25
Punjab National Bank Fixed 10.5 - 11.0 10.5 - 11.0 10.5 - 11.0 10.5 - 11.0 10.5 - 11.0 10.5 - 11.0 10.5 - 11.0
Central Bank of India Floating 10.0 10.0 10.0 11.0 11.0 11.0 11.0
Bank of Baroda Floating 9.75 9.75 9.75 10.25 10.25 10.25 10.25
Tamilnad Mercantile Bank Ltd Floating 11.75 11.75 11.75 12.25 12.25 NA NA
Abhyuday Co-op Bank Ltd Fixed 11.0 11.0 11.0 12.0 12.0 NA NA
Apna Sahakari Bank Ltd Fixed 14.0 14.0 14.0 14.0 14.0 NA NA
IDBI Bank Floating 8.5 8.5 8.5 8.5 8.5 NA NA
Dhanalakshmi Bank Ltd Floating 13.5 13.5 13.5 13.5 13.5 13.5 13.5
State Bank of Indore Floating 11.25 11.25 11.25 11.25 11.25 11.5 11.5
State Bank of Hyderabad Floating 11.25 11.25 11.25 11.25 11.25 11.5 11.5
Lakshmi Vilas Bank Floating 14.0 14.0 14.0 14.0 14.0 NA NA
State Bank of Bikaner& Jaipur Floating 10.0 10.0 10.0 10.0 10.0 10.0 10.0
Bank of Maharashtra Floating 9.5 9.5 9.5 9.5 9.5 9.5 9.5
Punjab & Sind Bank Floating 11.75 11.75 11.75 11.75 11.75 NA NA
SBI Floating 11.25 11.25 11.25 11.25 11.25 11.5 11.5
Canara Bank Fixed 8.5 8.5 8.5 8.5 8.5 8.5 NA
City Union Bank Fixed 13.5 13.5 13.5 13.5 13.5 NA NA
J&K Bank Fixed 11.0 11.0 11.0 11.5 11.5 12.0 12.0
Andhra Bank Floating 11.25 11.25 11.25 11.5 11.5 NA NA
Union Bank of India Fixed 10.0 10.0 10.0 10.5 10.5 NA NA
Allahabad Bank Floating 10.5 10.5 10.5 10.5 10.5 10.5 10.5
Axis Bank Fixed 10.0 - 10.5 10.0 - 10.5 10.0 - 10.5 10.0 - 10.5 10.0 - 10.5 10.0 - 10.5 10.0 - 10.5
Kotak Bank Floating 10.5 - 11.0 10.5 - 11.0 10.5 - 11.0 10.5 - 11.0 10.5 - 11.0 NA NA
J&K Bank Floating 11.0 11.0 11.0 11.0 11.0 11.5 11.5
Karnataka Bank Fixed 10.5 10.5 10.5 11.0 11.0 NA NA
Indian Overseas Bank Fixed 11.5 11.5 11.5 11.5 11.5 NA NA
ABN Amro Fixed 15.0 15.0 15.0 15.0 15.0 NA NA
State Bank of Patiala Floating 11.0 11.0 11.0 11.25 11.25 11.5 11.5
HDFC Bank Fixed 10.5 10.5 10.5 10.5 10.5 NA NA
Corporation Bank Fixed 10.5 10.5 10.5 11.0 11.0 11.25 11.25
Syndicate Bank Floating 12.0 12.0 12.0 12.0 12.0 12.0 NA
ICICI Bank Floating 8.75 - 12.25 8.75 - 12.25 8.75 - 12.25 8.75 - 12.5 8.75 - 12.5 NA NA
Bank of India Floating 9.75 9.75 9.75 10.25 10.25 10.25 NA
Catholic Syrian Bank Fixed 11.5 11.5 11.5 11.5 11.5 NA NA
Federal Bank Fixed 10.5 10.5 10.5 11.0 11.0 NA NA
State Bank of Mysore Floating 10.5 10.5 10.5 10.75 10.75 11.0 11.0
UCO Bank Floating 11.5 11.5 11.5 11.5 11.5 NA NA
Vijaya Bank Floating 11.25 11.25 11.25 11.25 11.25 11.25 NA
Indian Bank Fixed 11.0 11.0 11.0 11.25 11.25 NA NA
Updated as on 5 February, 2010.
Car loan rates given above are indicative in nature. It is based on market research conducted by the Apnaloan Research Bureau. Published car loan rates are usually a misnomer since a lot of freebies are in-built into a typical car purchase. Rather than comparing the absolute rates, it is recommended that the car buyer examines the actual rates (after factoring in the cost of freebies).
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