SBI Green Car Loan 2025 is a special scheme to promote eco-friendly transportation in India. This loan helps you purchase electric and hybrid vehicles at concessional interest rates, with flexible repayment terms and lower EMIs compared to traditional loans.
Interest rates are 0.25% – 0.50% lower than regular car loans.
Loans available for all major EV brands like Tata, MG, Hyundai, Tesla (imported).
Instant sanction with SBI YONO app or online application.
Extra concession in interest rates for female applicants.
Eligible buyers get subsidies under FAME-II EV Scheme.
Pre-approved customers get instant disbursal for EV purchases.
Choose repayment tenure from 3 to 7 years based on affordability.
No processing charges or hidden costs for green loan customers.
Use the below calculator to check EMI for your EV loan:
The rate is about 0.25% lower than standard car loans, starting from 8.15% p.a.
Yes, hybrid and plug-in hybrid cars are also covered.
No, subsidy is directly credited to the customer as per FAME-II policy.
3 to 7 years, based on customer preference.
This page is for informational purposes only. SBI Green Car Loan is subject to bank’s internal policies, EV dealer tie-ups, and government subsidy rules. No guarantee of approval is provided.