Check Eligibility for State Bank of India (Bahrain)
Car Loan

You are eligible to apply for a State Bank of India (Bahrain)
Car Loan .

You may not be eligible * to apply.

* Minimum salary BHD 500 required to apply for a State Bank of India (Bahrain) Car Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

State Bank of India (Bahrain) Car Loan Calculator

Car Loan Provided By State Bank of India (Bahrain)

Check Eligibility for State Bank of India (Bahrain) Car Loan

You are eligible to apply for a State Bank of India (Bahrain)
Car Loan .

You may not be eligible * to apply.

* Minimum salary BHD 500 required to apply for a State Bank of India (Bahrain) Car Loan .

Click here to check loans from other banks.

State Bank of India (Bahrain) Car Loan Calculator

Features of State Bank of India (Bahrain) Car Loan

  • Can get finance for both used and new cars
  • 80%-90% of the car value can be availed on finance
  • Maximum repayment period of 7 years is provided
  • No early settlement charges are levied
  • BD 75 to BD 200 is charged as processing fees
  • Flat rate starts at 2.65% and reducing rate starts at 5.00%

Eligibility Criteria of State Bank of India (Bahrain) Car Loan

  • Salaried individuals with employment proof are eligible
  • Minimum salary of BHD 500 is required
  • Salary transfer is required

State Bank of India (Bahrain) Car Loan Interest rates

State Bank of India (Bahrain) Bank

1 State Bank of India (Bahrain) Bank Car Loans

Auto loan

minimum salary

Minimum Salary

BHD 500

flat rate

Flat Rate

2.65%

reducing rate

Reducing Rate

5%

early settlement fee

Early Settlement Fee

BHD 0

down payment

Down Payment

10%

minimum salary

BHD 500

Minimum Salary

flat rate

2.65%

Flat Rate

reducing rate

5%

Reducing Rate

early settlement fee

BHD 0

Early Settlement Fee

down payment

10%

Down Payment

Features

  • Only salaried individuals are eligible
  • Maximum tenure provided is 7 years
  • Minimum monthly income of BHD 500 is required

Features

  • Only salaried individuals are eligible
  • Maximum tenure provided is 7 years
  • Minimum monthly income of BHD 500 is required
  • Salary transfer is mandatory
  • Maximum finance provided is 80% of the car value for used cars
    Maximum finance provided is 90% of the car value for new cars
  • Processing fees charged is BD 75 to BD 200

Benefits

  • Can get finance to purchase both used cars and new cars
  • High finance is provided
  • Low down payment requirement

View details on bank page

About State Bank of India (Bahrain)

State Bank Of India was established on 2nd January 2007 in Manama, Bahrain. Within four years, State Bank Of India has gained a decent place among the retail banks of Bahrain. With a customer base of 10,000, SBI provides corporate and retail banking services to both individuals as well as corporates.

Ask questions and share your comments

We encourage our users to have discussion on questions they might have on financial products and help other users by sharing their insights. Kindly help us in making this site useful. We don't encourage any spam posts here. This is a public forum, so we request you to be safe by not disclosing personal information such as bank account or phone numbers etc. Please follow our posting guidelines. All the comments posted under MyMoneySouq official account are not reviewed by the financial institutions.