Rates
Car Loan Interest Rates in Delhi NCR
Indicative starting rates from leading banks and NBFCs. We compare them all to get you the lowest EMI.
| Bank / Lender | Rate from | Max tenure | Max funding |
|---|---|---|---|
 SBI | 9.20% | 7 yrs | 90% |
 HDFC Bank | 9.40% | 7 yrs | 100%* |
 ICICI Bank | 9.45% | 7 yrs | 100%* |
 Axis Bank | 9.50% | 7 yrs | 95% |
 Kotak Mahindra | 9.55% | 7 yrs | 90% |
 Bajaj Finserv | 10.50% | 7 yrs | 90% |
- 9.20%SBI
7 yrs • 90% funding
- 9.40%HDFC Bank
7 yrs • 100%* funding
- 9.45%ICICI Bank
7 yrs • 100%* funding
- 9.50%Axis Bank
7 yrs • 95% funding
- 9.55%Kotak Mahindra
7 yrs • 90% funding
- 10.50%Bajaj Finserv
7 yrs • 90% funding
*Indicative rates for comparison only. Actual rate depends on your profile and lender approval.
By car segment
Indicative rates by car segment
Rates vary slightly by car value and segment.
Entry Hatchback
Alto, S-Presso, Celerio
from 9.5%
Premium Hatchback
Baleno, i20, Altroz
from 9.5%
Compact Sedan / SUV
Dzire, Nexon, Venue
from 9.4%
Mid-size SUV
Creta, Seltos, Grand Vitara
from 9.4%
Premium / Luxury
Fortuner, BMW, Mercedes
from 9.3%
EMI calculator
See what these rates mean for you
Your monthly EMI
₹16,801
Total interest
₹2,08,089
Total payable
₹10,08,089
*Indicative only. Actual EMI depends on lender approval and final rate.
FAQ
Interest rate FAQs
New car loans start from around 9.2–9.5% depending on the lender, your profile and the car. Used car rates are typically higher. We compare 10+ lenders to find your lowest rate.
Your income, credit score, employer/business profile, loan amount, tenure and the car segment all influence the rate offered.
Ready to drive home your car?
Get a free, no-obligation quote from 10+ banks in minutes.