Nepal SBI Bank Auto Loan interest rate 2083
Nepal SBI Bank Auto Loan: effective rate 8.73%, EMI from Rs. 20,628 per month. Compare with 19 other banks.
#2 / 20 banksAwaiting verificationEffective from 1 Bhadra 2083
Rate breakdown
Base rate
6.12%
Premium
2.61%–3.65%
Effective rate
8.73%–9.77%
Fixed
10.23%–11.77%
- Processing fee
- 1% (Min Rs. 2,000)
- Prepayment penalty
- 0.88%
- Loan amount
- Rs. 2 Lakh – Rs. 1.5 Cr
- Tenure
- 12 – 84 months
- Max financing
- 5%
- Age
- 21 – 65 years
Highlights
- Cars, bikes, scooters and EVs
- EV financing up to 80% LTV
- Insurance bundling
Who is eligible
Minimum 6 months in current job or 2 years in business. EVs allowed higher LTV per NRB.
Documents you will need
- Citizenship certificate (copy)
- 2 passport-size photos
- Latest 6 months bank statement
- PAN card
- Vehicle quotation from dealer
- Driving licence
Nepal SBI Bank Auto Loan FAQ
What is Nepal SBI Bank's current Auto Loan interest rate?+
Nepal SBI Bank's Auto Loan floating rate is base rate 6.12% plus a premium of 2.61% to 3.65%, giving 8.73% to 9.77% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Auto Loan from Nepal SBI Bank?+
At 8.73% over 60 months, the EMI is roughly Rs. 20,628. Use the calculator above to change the amount or tenure.
Can I prepay a Nepal SBI Bank Auto Loan?+
Yes. The published prepayment charge is 0.88% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.