Car Loan Interest Rate 2024 India. On paisabazaar.com you can compare car loan interest rate of top banks in india and apply for the lowest rate loan with maximum features and flexible tenure. Compare interest rates, eligibility criteria, features, benefits, and required documents for your car loan.

And the highest can go up to 13%. The current rate of interest for new car loan is just 10.45% and 15.25% for used car loan along with fixed interest rates, based on monthly reducing balance is one.