The SBBJ offers car loan to help you drive home your dream car. Purchasing a car can be out of reach, but with the SBBJ car loan you can buy the car you need with low interest rates and easy repayment options.

SBBJ is committed to providing transparency in their interactions and services.


State Bank of Bikaner and Jaipur Car Loan Interest Rates
As on 21 Jul 2016

State Bank of Bikaner and Jaipur Car Loan Details
Interest Rate 9.70%
Processing Fees Rs.750/- Per Car Loan
Loan Tenure 1 year to 7 years

Features of Car Loans:

Get a loan to purchase a car, jeep, MUC, SUV
Buy used four wheelers which are up to 5 years old.
Get 30 times your monthly net income or 2.5 times your annual income.
There is no maximum ceiling limit on the loan amount for new cars.
For used cars, the loan amount is capped at Rs. 15 lakhs.
Choose to repay the loan in flexible tenures of 36-84 months.
Enjoy low margins of 15% of the on-road cost of the vehicle.

SBBJ Bank Car Loan Interest Rate:

The current Base Rate offered by SBBJ is 9.95% effective from 18/06/2015.

Type of vehicle Interest rate Base Rate Total Interest
New cars 0.15% 9.95% 10.10%
Used cars upto 3 years old 6.25% 9.95% 16.20%

Loan Amount EMI/NMI:

Income up to 2.00 lacs – not exceeding-40%
Income above 2.00 lacs and up to 5.00 lacs – not exceeding 50%
Income above 5.00 lacs – not exceeding-55% Income of spouse /son/ daughter {any two) can be clubbed.
For businessman loan amount may be considered on the basis of sales if the loan amount is more than 2.00 lacs