SBI NRI Car Loans: Get details on Documents, Interest Rates, loan amount, eligibility for State Bank of India NRI car loans.. Apply for an NRI Car Loan, and gift them a car. Enjoy floating interest rates, with several easy repayment options. Gift a new passenger car, truck, jeep, or van. The lowest car loan rate of interest currently offered by SBI is 9.40% as of 10 May 2019. For a loan tenure of 6 years, get an optimum EMI of Rs.1,822 per lakh. For a loan tenure of 5 years, get an optimum EMI of Rs.2,095 per lakh. The factors determining a car loan EMI are rate of interest, loan tenure, and loan quantum. Compare all banks interest rates with SBI. Check Home Loan, Personal Loan, Car Loan, Credit Card, Two Wheeler Loan, Business Loan, Property Loan, Fixed Deposit Interest Rates and Instant Apply online.