Here is a comparison list of some of the leading car loan options for 2025, highlighting the terms and initial interest rates: The eligibility criteria for obtaining car loans may vary from bank to bank. The standard criteria are as follows: - Applicants must be between the ages of 18 and 75. The bank's auto loans are among its most popular products due to their low-interest rates and convenient payback terms, which ensure that customers are not burdened by EMI expenses on account of the loan. The details of the bank's car loans are given below. Punjab National Bank Car Loan Punjab National Bank offers car loans with funding up to 85% of the ex-showroom price for new cars and funding up to 70% of the on-road price for used cars. Easy processing and minimal eligibility criteria. Apply online and own your dream vehicle. Punjab National Bank (PNB) has revised its interest rates for home loans, car loans, personal loans, and education loans with effect from February 10, 2025. PNB HOME LOANS The bank has updated its home loan rate to 8.15% under various schemes. In fact, there will be zero processing fees and documentation charges on most of the schemes till March 31, 2025, thereby making housing loans more affordable and more accessible.
