Canara Bank Car Loan in Kochi
Last Updated : May 25, 2017, 5:32 p.m.
About Canara Bank Car Loan in Kochi
The car loan is one of the products that help the borrower to experience to be an owner of the dream car. It gives you the finances that help you in purchasing the dream car that you have always aspired for in your dreams. It is one of the best options to avail if due to insufficient funds you are not able to buy the one for yourself. Canara bank provides the best quality of the products and services that can address the requirements of the people. The car loan for the people of kochi is the support to achieve the dreams and apply wheels in the goals. The Canara bank gives many advantages like the affordable rates and flexible repayment option. So, the Canara bank car loan for people in Kochi is one of the best possible solutions for experiencing the thrill and excitement to get the car for yourself.
Canara Bank Car Loan in Kochi at a glance
| Particulars | Details |
|---|---|
| Interest Rate | 7.30% Onwards |
| Loan amount | For New Cars: Minimum Loan: upto ₹10,00,000 Maximum Loan: ₹25,00,000 & above For Pre-owned Cars: 75% of the agreed price or 75% of the value of the car, as assessed by an automobile engineer or ₹ 15,00,000/- whichever is lower. |
| Tenure | For new vehicles - 7 years For used vehicle(not older than 5 years)- 5 years |
| Processing fee | 0.25% on the loan amount with a minimum of ₹1000/- and maximum of ₹5000/- |
| Pre- payment charges | NIL |
Eligibility Criteria
- Eligible Segments – Individuals, professionals, reputed firms and companies
- Minimum annual gross salary of the individuals should ₹ 3 lacs
- The non-individuals candidates should have minimum gross income of ₹ 3 lacs per months
Documents Required
- Proof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
- Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
- Proof of Income: Latest salary slip with form 16 Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of ₹ 4,50,000 per annum/ Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company/ Latest ITR
- Bank Statement: Last 6 months
For further information, Visit Car Loan Kochi.
Address of Canara Bank Branches in Kochi
| Branch Name | Complete Address | IFSC Code | MICR Code | Customer Care |
|---|---|---|---|---|
| Cochin Fort | Post Bag No.41, 1/1907, Amaravathy Road Kunnumpuram Jn.Cochin 682001 | CNRB0000706 | 682015102 | 0484-2215467 |
| Mattancherry, Cochin | Cochin Mattancherry, Post Box No. 125, Bazar Road, Mattancherry, Cochin 682002 | CNRB0000707 | 682015101 | 0484-2226321 |
| Foreign Department, Cochin | 39/3469, I Floor, M.G.Road, Ernakulam, Cochin- 682016 | CNRB0000727 | 682015009 | 0484-2360043 |
| Thoppumpady, Cochin | Post Bag No.803, Swarajya Building, Thoppumpady, Cochin 682005 | CNRB0000731 | 682015103 | 0484-2220916 |
| Broadway Main, Cochin | Ernakulam Broadway Main, Shenoy Chamber No 40/2363, L & 40/2363 Mshanmugam Road, Ernakulam, Cochin.682031 | CNRB0000803 | 682015004 | 0484-2352338 |
| Ernakulam Banerji Road | PB 1918, I Floor, Carmel Centre, Banerjee Road, North Ernakulam, Cochin 682018 | CNRB0000805 | 682015003 | 0484- 2395645 |
| Ernakulam South | PB No.1717, Xxxv/823/826, , Jain Bldgs, Nettipadam Road, Ernakulam South, Cochin 682016 | CNRB0000806 | 682015013 | 0484-2391761 |
| Panampillay Nagar, Ernakulam | I Floor, Anjparrambli Complex, 34/368 B, Panampillay Nagar, Near South Over Bridge Ernakulam 682016 | CNRB0001372 | 682015006 | 0484-2316474 |
| Agri Finance Branch, Cochin | Geetha Commercial Complex, Nagampadam, M C Road, Kottayam 686001 | CNRB0002388 | 686015003 | 0484-2471495 |
| Arm Branch, Ernakulam | I Floor, 39/3469, Near Deepa Theatre, M G Road, Ernakulam Dist, Kerala - 682016 | CNRB0002875 | 682015024 | 0484-2356072 |
| Willingdon Island, Cochin | Old DLB Building, Indira Gandhi Road, Cochin, Ernakulam, Kerala - 682003 | CNRB0002937 | 682015020 | 0484-2667365 |
| SME, Ernakulam | Canara Bank, SME Branch, 2nd Floor, Shenoy Chambers, Ernakulam - 682031 (Kerala) | CNRB0003539 | 682015029 | 9633706785 |
| Edappally, Kochi | Canara Bank, 50/390 C - 1, Madhushila Chambers Palace Road Junction, N H , Edappally , Ernakulam - 682024, Kochi | CNRB0003566 | 682015031 | 0484-2534775 |
| Vyttila, Ernakulam | Canara Bank, First Floor, Rosy Bazaar, SA Road, Vyttila, Ernakulam - 682019, Kerala | CNRB0003567 | 682015030 | 0484-2302443 |
| Regional Office, Ernakulam | Pukalakkat Lakshmibai Tower T D Road North End Ernakulam Cochin 682035 | CNRB0007963 | - | 2352213 |
