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SBI Green Car Loan

Published version 1 · Checked 1 Oct 2026

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Published product terms

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Loan type
Vehicle
Minimum amount
MUR 500,000.00
Maximum amount
Not published
Minimum term (months)
Not published
Maximum term (months)
96
Minimum annual interest rate

A yearly interest percentage. In a reducing-balance estimate, interest is charged on the amount still owed. Fees may be extra.

Not published
Maximum annual interest rate

A yearly interest percentage. In a reducing-balance estimate, interest is charged on the amount still owed. Fees may be extra.

Not published
Rate type
Not published
Rate basis
Not published
Rate qualifier
Quote required
Reference rate
Not published
Reference rate value (p.a.)
Not published
Published margin (p.a.)
Not published
Reference rate as of
Not published
APR

A yearly cost measure that includes interest and specified charges. Check the bank’s definition; it is different from the nominal interest rate.

Not published
APR basis
Not published
Minimum monthly income
Not published

About this loan

SBI Green Car Loan

  • SBI GREEN CAR LOAN To finance New/Recon / Second hand (local) Electric/ Hybrid Car Eligibility : Individuals Employees of Private & Public Sectors & Self –employed & Salaried Expatriates having valid work / Occupation permit & Residence permit Amount : Up to 85 % of Total Cost (Showroom price +VAT + Registration cost + Road Tax). Minimum Amount: Rs. 500,000/-; Maximum: No Limit. Security : Lien/GSD on vehicle. Repayment : Minimum: 1 Year ; Maximum: Up to 8 Years.
  • Up to 85% of total cost

Eligibility and conditions

  • SBI GREEN CAR LOAN To finance New/Recon / Second hand (local) Electric/ Hybrid Car Eligibility : Individuals Employees of Private & Public Sectors & Self –employed & Salaried Expatriates having valid work / Occupation permit & Residence permit Amount : Up to 85 % of Total Cost (Showroom price +VAT + Registration cost + Road Tax). Minimum Amount: Rs. 500,000/-; Maximum: No Limit. Security : Lien/GSD on vehicle. Repayment : Minimum: 1 Year ; Maximum: Up to 8 Years.

Costs not yet priced

  • Interest, processing, insurance, valuation, legal, registration and settlement costs require product-specific confirmation.

Rate evidence

  • No product-specific interest rate or APR was disclosed on the official SBI loans page; a borrower quote is required.
  • Terms and conditions apply and offers may change without prior notice.
Sources & verification (7 facts)
Estimate config

Checked 1 Oct 2026

SBI GREEN CAR LOAN To finance New/Recon / Second hand (local) Electric/ Hybrid Car Eligibility : Individuals Employees of Private & Public Sectors & Self –employed & Salaried Expatriates having valid work / Occupation permit & Residence permit Amount : Up to 85 % of Total Cost (Showroom price +VAT + Registration cost + Road Tax). Minimum Amount: Rs. 500,000/-; Maximum: No Limit. Security : Lien/GSD on vehicle. Repayment : Minimum: 1 Year ; Maximum: Up to 8 Years.

Document: SBI Mauritius retail loans

Document section: SBI Loans and Advances

Website section: Personal / Loans

Bank breadcrumbs: Personal Banking → Loans

Downloaded 1 Oct 2026, 22:40. Effective from: Not stated.

Where we found these terms (opens in a new tab)Open supporting document (opens in a new tab)
Minimum amount

Checked 1 Oct 2026

SBI GREEN CAR LOAN To finance New/Recon / Second hand (local) Electric/ Hybrid Car Eligibility : Individuals Employees of Private & Public Sectors & Self –employed & Salaried Expatriates having valid work / Occupation permit & Residence permit Amount : Up to 85 % of Total Cost (Showroom price +VAT + Registration cost + Road Tax). Minimum Amount: Rs. 500,000/-; Maximum: No Limit. Security : Lien/GSD on vehicle. Repayment : Minimum: 1 Year ; Maximum: Up to 8 Years.

Document: SBI Mauritius retail loans

Document section: SBI Loans and Advances

Website section: Personal / Loans

Bank breadcrumbs: Personal Banking → Loans

Downloaded 1 Oct 2026, 22:40. Effective from: Not stated.

Where we found these terms (opens in a new tab)Open supporting document (opens in a new tab)
Maximum term (months)

Checked 1 Oct 2026

SBI GREEN CAR LOAN To finance New/Recon / Second hand (local) Electric/ Hybrid Car Eligibility : Individuals Employees of Private & Public Sectors & Self –employed & Salaried Expatriates having valid work / Occupation permit & Residence permit Amount : Up to 85 % of Total Cost (Showroom price +VAT + Registration cost + Road Tax). Minimum Amount: Rs. 500,000/-; Maximum: No Limit. Security : Lien/GSD on vehicle. Repayment : Minimum: 1 Year ; Maximum: Up to 8 Years.

Document: SBI Mauritius retail loans

Document section: SBI Loans and Advances

Website section: Personal / Loans

Bank breadcrumbs: Personal Banking → Loans

Downloaded 1 Oct 2026, 22:40. Effective from: Not stated.

Where we found these terms (opens in a new tab)Open supporting document (opens in a new tab)

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