Siddhartha Bank Auto Loan interest rate 2083
Siddhartha Bank Auto Loan: effective rate 9.44%, EMI from Rs. 20,973 per month. Compare with 19 other banks.
#11 / 20 banksAwaiting verificationEffective from 1 Bhadra 2083
Rate breakdown
Base rate
6.71%
Premium
2.73%–4.05%
Effective rate
9.44%–10.76%
Fixed
Not offered
- Processing fee
- 1% (Min Rs. 2,000)
- Prepayment penalty
- 0.99%
- 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
Siddhartha Bank Auto Loan FAQ
What is Siddhartha Bank's current Auto Loan interest rate?+
Siddhartha Bank's Auto Loan floating rate is base rate 6.71% plus a premium of 2.73% to 4.05%, giving 9.44% to 10.76% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Auto Loan from Siddhartha Bank?+
At 9.44% over 60 months, the EMI is roughly Rs. 20,973. Use the calculator above to change the amount or tenure.
Can I prepay a Siddhartha Bank Auto Loan?+
Yes. The published prepayment charge is 0.99% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.