January 2026 Car Loan Rates Zoom from 7.35% - Get Yours!

In January 2026, car loan interest rates are zooming from 7.35% to 14%! UCO Bank kicks things off at a low 7.35%, while SBI keeps it simple with a fixed rate of 8.7%. Monthly payments, or EMIs, range from Rs 9,983 to Rs 11,634. Processing fees? They vary from no charge at Central Bank to a cheeky 2% at ICICI Bank. Time to rev up and grab that car loan!