Best car loan interest rate 2023: SBI vs HDFC Bank vs ICICI Bank vs PNB vs Canara Bank

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Key Points

However, if you plan to apply for a car loan, your research shouldn't finish with choosing the vehicle..

Make sure you comply with all of the requirements for a car loan...

Quick, easy personal loans may become difficult now as RBI tells banks, NBFCs to be more careful..

Heres a summary of documents you will need for a Car Loan:Valid Identity Proof (PAN Card/Aadhar Card/Passport/Voter ID)Address Proof (Utility Bills/Aadhar Card/Driving License/Passport etc.)Income Proofs (Current Salary Slips/Latest Form 16/Current ITR)Current Bank Statements (Last 6 Months)..

Axis Bank offers fixed interest rates, SBI also offers fixed rate- It is applied at the time of disbursement will remain same for the entire loan period...