Citibank Car Loan in Kochi
Last Updated : May 23, 2017, 2:59 p.m.
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
| Particulars | Details |
|---|---|
| Interest Rate | As per bank’s norms |
| Loan amount | Customized |
| Tenure | 1 year to 4 years |
| Processing fee | As per bank's norm |
| Pre- payment charges | 3% 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 682035 | CITI0000012 | 682037002 | 022-40005706/022-40005922/022-28446390 /022-40015618 |