Back to Browse Schemes
State Bank of Indiacar Loan

SBI Green Car Loan (EV)

Check My Eligibility
Interest Rate7.15% p.a.
Loan Limit₹1 Lakh - ₹1 Crore
Max Tenure7 Years (84 mos)

Lending Guidelines

Minimum Age21 Years
Maximum Age70 Years
Minimum Credit Score680
Minimum Monthly Income30,000
Processing Fees0.2% + ₹1,000
Target Profiles
salariedself employedbusiness owner

Key Features

  • Special discounted rate for electric/hybrid vehicles
  • Lower processing charges
  • Supports India's green vehicle initiative

Required Documents Checklist

  • PAN Card
  • Aadhaar Card
  • Income Proof
  • EV Quotation