IDBI Bank Car Loan Interest Rate - 2018-2019 StudyChaCha

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  #1  
Old September 10th, 2012, 12:25 PM
khalid abbas jalgaonkar.
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Default IDBI Bank Car Loan Interest Rate

I want to buy a car (Honda City) by taking Car Loan from IDBI Bank. Sir, would you please give me its latest interest rate for this loan?
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  #2  
Old September 10th, 2012, 05:56 PM
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Join Date: Dec 2011
Posts: 40,525
Default Re: IDBI Bank Car Loan Interest Rate

IDBI Bank Car Loan Interest Rates-

Floating Interest Rates-
MUV Segment- 12.25% p.a (Linked to BR)
For all other vehicles- 11.75% p.a (Linked to BR)

Fixed Interest Rates-

Segment A: Small/Mid-size/ Utility & Premium-
Tenor up to 36 months- 11.50% p.a
Tenor up to 60 months- 12.00% p.a

MUVs-
Tenor up to 36 months-12.00% p.a
Tenor up to 60 months-13.00% p.a

Segment B: Premium-
Tenor up to 36 months-11.50% p.a
Tenor up to 60 months-12.00% p.a

Segment C: Luxury & SUV
Tenor up to 36 months-11.50% p.a
Tenor up to 60 months-11.75% p.a

Segment D: Classic-
Tenor up to 36 months-11.50% p.a
Tenor up to 60 months-11.75% p.a
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