Citibank Car Loan in Kochi

About Citibank Car Loan in Kochi

Are you looking for a bank that can provide you with a loan for the purchase of a commercial vehicle? Citibank is ready with its financial toolkit. It renders the loan for the purchase of a commercial vehicle to the candidates who qualify the eligibility criteria determined by the bank. The criteria and the documents required are given below.

Citibank Car Loan in Kochi at a Glance

ParticularsDetails
Interest Rate As per bank’s norms
Loan amountCustomized
Tenure1 year to 4 years
Processing feeAs per bank's norm
Pre- payment charges3% of the outstanding amount

Eligibility Criteria

The Citibank provides commercial vehicle loan after evaluating individual’s profile. It has set certain criteria to determine the suitability. The car loan eligibility criteria are:

  • The minimum age of the applicant should be 18 years and maximum 65 years
  • The applicant must earn suitable income
  • The loan is provided to eligible segments and they are – Auto Carrier, transportation, school, construction, quarry, road & bridge, tours & travels, agriculture

Documents Required

In order to avail the benefit of consumer vehicle loan, the individual needs to submit the following documents:

  • Application Form
  • Fleet/ Equipment list signed by the applicant
  • RC Copies/ Invoices/ Insurance Cover Note Copies for assets owned by the applicant/ group
  • Any other information requested by the visiting officer
  • Self- Attested copies of – Voter ID, PAN Card, Drivers License, Passport, Bank Passbook, utility bills ( electricity bills, telephone bill), Partnership Deed

For further details refer, Car Loan Kochi

Address of Citibank Branches in Kochi

The branch address, IFSC Code, MICR Code and customer care details of Citibank branches located in Kochi are mentioned in the table below:

Branch Name
Complete Address
IFSC Code
MICR Code
Contact Number
Cochin
Photofast HS., Door No.38/1581, MG Road, Padma Junction, Cochin 682035CITI0000012

682037002022-40005706/022-40005922/022-28446390 /022-40015618

 

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