Current Auto Loan Interest Rates 2024

The average auto loan interest rates across all credit profiles range from 5.64% to 14.78% for new cars and 7.66% to 21.55% for used cars. Get car loan at attractive interest rate starting at 9.1%* in india.

This is lower than last month’s 19.88% as well as. A good interest rate for an auto loan is subjective — it depends on your credit score, the car you’re buying, the amount of your down payment.