In April 2026, auto loan interest rates in India for new cars typically start from at public sector banks and range up to 12% at private lenders. Used car loans generally carry a premium of 2% to 4% over new car rates, with typical starting points around 10.50% to 12.95% . Current New Car Loan Rates (April 2026)
The following table provides a snapshot of current rates from major lenders for a typical new car loan: Car Loan Interest Rates & Charges (Apr 2026) in India auto interest rate
In April 2026, auto loan interest rates in India for new cars typically start from at public sector banks and range up to 12% at private lenders. Used car loans generally carry a premium of 2% to 4% over new car rates, with typical starting points around 10.50% to 12.95% . Current New Car Loan Rates (April 2026)
The following table provides a snapshot of current rates from major lenders for a typical new car loan: Car Loan Interest Rates & Charges (Apr 2026) in India