Check your IDBI Bank car loan eligibility. Rate: 8.80 - 11.00% p.a. Max amount: ₹50 L.
IDBI Bank offers car loan at an interest rate of 8.80 - 11.00% p.a. with a maximum tenure of 7 years. The maximum loan amount is ₹50 L with a minimum monthly income requirement of ₹20,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹3 Lakh | ₹6,198 | ₹71,880 | ₹10,874/mo |
| ₹4 Lakh | ₹8,265 | ₹95,900 | ₹14,501/mo |
| ₹5 Lakh | ₹10,331 | ₹1,19,860 | ₹18,125/mo |
| ₹6 Lakh | ₹12,397 | ₹1,43,820 | ₹21,750/mo |
| ₹7 Lakh | ₹14,463 | ₹1,67,780 | ₹25,374/mo |
| ₹8 Lakh | ₹16,529 | ₹1,91,740 | ₹28,999/mo |
| ₹9 Lakh | ₹18,595 | ₹2,15,700 | ₹32,623/mo |
| ₹10 Lakh | ₹20,661 | ₹2,39,660 | ₹36,248/mo |
IDBI Bank Car Loan interest rate ranges from 8.80 - 11.00% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
IDBI Bank offers a maximum car loan of ₹50 L with a tenure of up to 7 years.
The processing fee for IDBI Bank Car Loan is 0.50% + GST.
IDBI Bank Car Loan prepayment policy: Nil after 12 months.
The minimum monthly income required is ₹20,000. Use the calculator above to check your exact eligibility based on your income.