How to take car loan from SBI Bank
Hello friends, I welcome you all. Friends, in today’s article you will get information about how to take a car loan. Friends, every person’s dream is to buy his own car but in today’s expensive times, fulfilling this dream is not easy especially for middle class people. In this situation our only option is to get a car loan. Nowadays, many banks and financial institutions provide car loans and some banks provide 100% finance of the car price.
If you also want to take a SBI car loan, then today’s article will tell you all the information in detail so that you can easily take a SBI car loan and get its benefits. That’s why you all will have to read today’s article as a meditation.
SBI Car Loan
Friends, we all know that SBI bank is the largest government bank in the country. This bank provides many banking and finance related services to its customers, one of which is also a car loan. SBI bank offers you a car loan with an interest rate starting from 8.65% per annum. You can take a loan from the bank to buy a new and used car. The bank gives you a fixed repayment period of up to 8 years so that you can repay the loan at the earliest.
What is the eligibility criteria for taking SBI car loan?
1. To take a car loan from SBI bank, your age should be between 21 years to 67 years.
2. The applicant taking loan from SBI bank should be a central or state government employee.
3. You must be a professional or self-employed person and a person engaged in agriculture and related activities.
What are the documents to take SBI car loan?
1. aadhar card
2. pan card
3. ration card
4. Electricity bill or water bill
5. bank statement
6. sailor slip
7. driving license
8.passport
How to take SBI car loan?
1. By visiting the official website of SBI Bank
2. From SBI Yono Application
How to apply offline for SBI Car loan?
Friends, if you want to apply offline for taking SBI car loan, then you will have to follow all the steps mentioned below –
1. To take SBI Car loan, first of all you have to go to your nearest SBI bank branch and get the application form.
2. After using it, you will have to read the application form correctly and attach photographs of all the required documents.
3. After using it, the documents submitted by you will be verified.
4. After verification, the loan will be approved and the car loan money will be deposited in your bank account.
How to take car loan through SBI Yono App?
Friends, if you want to take a car loan through SBI Yono app, then you will have to follow all the steps mentioned below –
1. To take car loan through SBI Yono App, first of all you have to download and install SBI Yono App from Google Play Store on your smartphone.
2. If you use it badly, you will have to go to the Loan Section.
3. Now you will have to fill in your loan application form. Here you will have to enter your personal details, name details, car details and loan amount. You will have to submit your information online through SBI Yono app.
4. Necessary documents like Aadhaar card, PAN card, income proof, salary slip, bank statement and proof of residence will have to be uploaded along with the loan application. All these processes are completely digital so that you do not need to go to the bank.
5. After submitting the application form, SBI Bank will scrutinize your application and if you are eligible, your loan will be approved and your bad loan amount will be transferred to your bank account. You can buy a used bad car.
Conclusion-
Friends, in today’s article you have been given complete information on how to take SBI Car Loan, in today’s article you have been given complete information so that you can easily take SBI Card Loan and get its benefits. Friends, if you want to know about this then please share this article.