Nepal SBI Bank Auto Loan interest rate 2083
Nepal SBI Bank's auto loan is priced at 5.35%–7.6% effective in Bhadra 2083: a 5.1% base rate plus a 0.25%–2.5% premium. That ranks 6th cheapest of the 18 commercial banks we track for this product. On Rs. 10 Lakh over 60 months the EMI is about Rs. 19,032, plus a 1% processing fee.
- Effective rate
- 5.35% – 7.6%
- Base rate
- 5.1%
- Premium
- 0.25% – 2.5%
- Processing fee
- 1%
- Maximum tenure
- 84 months
- Maximum loan-to-value
- 50%
- Rank by rate
- 6 / 18
- Rates effective
- Bhadra 2083
Effective from: 1 Bhadra 2083Source: nsbl.statebank/interest-rates-loans
Nepal SBI Bank Auto Loan: effective rate 5.35%, EMI from Rs. 19,032 per month. Compare with 17 other banks.
Rate breakdown
Base rate
5.1%
Premium
0.25%–2.5%
Effective rate
5.35%–7.6%
Fixed
8.99%–9.49%
- Processing fee
- 1% (Min Rs. 2,000)
- Prepayment penalty
- 0.88%
- Fixed-rate terms
- Personal/official use: up to 5 yrs 8.99% · 5–10 yrs 9.49%
- Loan amount
- Rs. 2 Lakh – Rs. 1.5 Cr
- Tenure
- 12 – 84 months
- Max financing
- 50%
- 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 5.1% plus a premium of 0.25% to 2.5%, giving 5.35% to 7.6% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Auto Loan from Nepal SBI Bank?+
At 5.35% over 60 months, the EMI is roughly Rs. 19,032. 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.
