State Bank Of India

State Bank of India (SBI) has launched ‘SBI green car loan’ (electric vehicle) scheme which provide a discounted loan for buyers of electric vehicles pricing 20 basis points lower than its existing auto loans. The scheme would act as a change agent in the auto loan segment and encourage customers to switch to electric vehicles which can improve overall air quality and lower carbon emissions. 

The scheme comes with the longest repayment period of up to eight years is a strategic inclusion to the bank's auto loan segment offered with zero processing fee for the first six months of the launch.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.