State Bank of India (SBI) takes processing fees on its customers for various loans such as
State Bank of India imposes Rs.1500 + GST fee on loans above Rs.6 lakhs and for loans
Let us inform you that the State Bank of India had revised the fixed interest rate on Auto loans on December 10, 2018. According to the bank, the interest rate on car loan scheme, NRI car loan, SME retail car loan is 9.3 percent to 9.8 percent.
It is known that interest rates applicable on SME retail car loans will not apply to taxis, transport operators and fleet segments.