Many banks continue to provide car loans with interest rates under 8% even though consumer inflation in August was slightly higher.
1. Central Bank of India
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2. State Bank of India (SBI)
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On a car loan for Rs 10 lakh with a seven-year term, the largest bank in the nation levies an interest rate of 7.9 percent. In this instance, the EMI will equal Rs 15,536.
3. HDFC Bank
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4. Bank of Baroda (BoB)
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5. ICICI Bank
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6. Punjab National Bank (PNB)
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