Canara Bank Car Loan in Kochi

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

ParticularsDetails
Interest Rate8.60% - 9.25%
Loan amountFor 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.
TenureFor new vehicles - 7 years
For used vehicle(not older than 5 years)- 5 years
Processing fee0.25% on the loan amount with a minimum of ₹1000/- and maximum of ₹5000/-
Pre- payment chargesNIL

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 NameComplete AddressIFSC CodeMICR CodeCustomer Care
Cochin FortPost Bag No.41, 1/1907, Amaravathy Road Kunnumpuram Jn.Cochin 682001CNRB00007066820151020484-2215467
Mattancherry, CochinCochin Mattancherry, Post Box No. 125, Bazar Road, Mattancherry, Cochin 682002CNRB00007076820151010484-2226321
Foreign Department, Cochin39/3469, I Floor, M.G.Road, Ernakulam, Cochin- 682016CNRB00007276820150090484-2360043
Thoppumpady, CochinPost Bag No.803, Swarajya Building, Thoppumpady, Cochin 682005CNRB00007316820151030484-2220916
Broadway Main, CochinErnakulam Broadway Main, Shenoy Chamber No 40/2363, L & 40/2363 Mshanmugam Road, Ernakulam, Cochin.682031 CNRB00008036820150040484-2352338
Ernakulam Banerji RoadPB 1918, I Floor, Carmel Centre, Banerjee Road, North Ernakulam, Cochin 682018CNRB00008056820150030484- 2395645
Ernakulam SouthPB No.1717, Xxxv/823/826, , Jain Bldgs, Nettipadam Road, Ernakulam South, Cochin 682016CNRB00008066820150130484-2391761
Panampillay Nagar, ErnakulamI Floor, Anjparrambli Complex, 34/368 B, Panampillay Nagar, Near South Over Bridge Ernakulam 682016 CNRB00013726820150060484-2316474
Agri Finance Branch, CochinGeetha Commercial Complex, Nagampadam, M C Road, Kottayam 686001CNRB00023886860150030484-2471495
Arm Branch, ErnakulamI Floor, 39/3469, Near Deepa Theatre, M G Road, Ernakulam Dist, Kerala - 682016CNRB00028756820150240484-2356072
Willingdon Island, CochinOld DLB Building, Indira Gandhi Road, Cochin, Ernakulam, Kerala - 682003CNRB00029376820150200484-2667365
SME, ErnakulamCanara Bank, SME Branch, 2nd Floor, Shenoy Chambers, Ernakulam - 682031 (Kerala) CNRB00035396820150299633706785
Edappally, KochiCanara Bank, 50/390 C - 1, Madhushila Chambers Palace Road Junction, N H , Edappally , Ernakulam - 682024, KochiCNRB00035666820150310484-2534775
Vyttila, ErnakulamCanara Bank, First Floor, Rosy Bazaar, SA Road, Vyttila, Ernakulam - 682019, KeralaCNRB00035676820150300484-2302443
Regional Office, ErnakulamPukalakkat Lakshmibai Tower T D Road North End Ernakulam Cochin 682035CNRB0007963-2352213

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