SBI Green Car Loan
Hello friends, welcome to one of our posts in which we are going to talk about the car loan given by SBI Bank, whose name is SBI Green Car Loan. As you must have heard from the name of this loan that you will get loan for car from here. But I want to tell you that what type of loan you will get from here, then you must have come to know from the name itself that if you will get a room for electric cars from here, then the car will run on electricity, for them you are going to get a loan like . So in this post of yours, we are going to give you information about how you can take this car loan given by SBI Bank. Want to take this loan from here.
SBI Green Car Loan related information which will tell you in your post.
- Friends, first of all in this post we will tell you that you can take loan for electric cars for electric vehicles in this loan by SBI bank, how much loan bank will give you.
- At what rate of interest will you be charged on the electric cars loan given by SBI Bank, that is, if you have to return the outstanding amount of the loan, then you will have to return the amount according to the interest rate.
- How much time will you get to repay the Electric Car Loan offered by SBI Bank.
- What documents will be required if you want to apply for this electric car loan offered by SBI Bank.
- What are the eligibility criteria you have to fulfill if you want to take these loans through SBI bank in which you will be given loan for electric vehicles.
So friends, first of all let us talk about how much loan amount you get from here.
Before knowing that if you get a loan up to what amount from here, let us tell you what eligibility criteria you have to fulfill if you want to take a loan from here.
Eligibility criteria for SBI Green Car Loan for electric vehicles
- Friends, first of all the eligibility is made that your age should be between 21 years to 67 years, if your age is more than 87 years then you will not get loan from here, but if your age is less than 21 years. So you will not be given a green car loan by SBI Bank.
- The second eligibility is that how much is your income, there are three different procedures for income, there are three different stages.
- First, if you do a government job somewhere or work in a private company as a salary, then your entire monthly income has come for the whole year, it should be ₹ 300000.
- Second, if you have your own business, you earn money yourself, you are not employed anywhere as a salary, then whatever your profit from your offerings, the less you come, it must be ₹ 300000.
- Third, if you are related to agriculture related works, then the profit for the whole year will be the income of the whole year, it should be four lakh rupees.
You have come to know that which eligibility you have to fulfill to take a loan from SBI Bank if you want to take a green car loan from here.
So let us talk about how much loan amount you can get for Green Car Loan from SBI Bank.
Loan amount by SBI Green Car Loan
As we told you that you will be given a loan according to different eligibility criteria according to different work and the outstanding amount of people you will get will also be given keeping in mind the same eligibility criteria, for example you I Let me explain that, suppose you work as a salary somewhere and your full annual income is ₹ 300000, then the loan which will be given to you by a company will be given according to that if your monthly income is ₹ 15000 is only then you will be given a loan up to 48 times of that 15000.
And brother if you have your own business, you told you that your full year profit should be ₹ 300000 then you will be given 4 times of that 300000 rupees for green car loan by SBI bank if your full year profit ₹ 400000, then you will be given a loan of up to ₹ 16 at the rate of 4 times.
Let’s talk about direction, if you are related to agriculture related works, then we told you something that you should make profit for the whole year ₹ 400000, then you are given 3 times loan of 400000 from here i.e. if your profit of the year is ₹ 500000 also If so, then you will get a loan of up to 15 lakhs from here.
So you will know how much amount people can get from here.
So now let us find out what percentage of interest rate you will get for the loan availed by SBI Bank if you apply for Green Car Loan from here.
SBI Green Car Loan : Interest rate
So let me tell you for your information, if you take any car loan from SBI Bank, then you will get to see two types of interest here. You can apply for a loan by going to the bank’s website and the second is that you can apply for a loan by going to this SBI bank whose name is Uno, but let me tell you if you go to the Yono app and apply for the loan. If you apply, you will get less interest rate. For example, if you go to the Bolo app and apply for a loan, then you will be given a loan on it by the bank for a green car loan at the rate of 7.50%, but the same if you add you for the loan in any other way except you If you apply, you will get to see more than here, which will be around 7.75%. So that’s why you will get more profit from here if you apply for loan with the help of YONO app.
Let us tell you how long the loan will be given to you from here.
Tenure rate by SBI Green Car Loan
So let me tell you for your information, if you apply for the green car loan given by SBI Bank, then you will get at least 3 years from here to return the outstanding amount of the loan. You’re going to get up to 8 years from here.
Documents required for SBI Green Car Loan for electric cars
You must have shown your bank statement here for the last 6 months and you will need two passport size photo photographs, your address proof will be taken as income proof if you are here salary but if you have your own business then you have to show it on it His slip has to be shown when you pay my income tax.
You are going to have the ability to have some of these documents from here and you can show a copy of your ration card in the address group.
Friends, in this post of ours today, that’s all, today we have learned that how you can apply for green car loan given by SBI Bank, what documents will be done to you. For how long you will get the loan, how much interest rate will you get for taking loan from here if you apply for green car loan from here. So friends, in today’s post, that’s all, today we have given you all the information related to SBI car loan, we hope that the information will give satisfaction to you, then friends will get this much in today’s post, till then in the next post. Take care of yourself.