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About IndusInd Bank Car Loan in Kochi
The car loan is one of the financial solutions that many banks and NBFC are providing to its customers who aims to buy a car for themselves. One of the best car loans is given by IndusInd bank. The bank provides the facility of car loan at the nominal interest rate and does not charge any processing fee. It offers one of the best car loans to the delight of customers.
IndusInd Bank Car Loan in Kochi at a glance
|Interest Rate||As per bank's guidelines|
|Loan amount||85% of the showroom value. |
Depend on the income and profile of the applicant.
|Tenure||For new vehicles - 3 years|
|Pre- payment charges||As per bank’s norm|
- Eligible Segments – Individuals, professionals, reputed firms and companies
- The age of the applicant should be between 21- 60 years for salaried individuals and 21- 65 years for self- employed.
- Minimum annual gross salary of the individuals should ₹ 2.50 lakh for salaried individual and minimum net profit for the self- employed should be ₹ 2 lakh.
- The salaried individuals Should have minimum work experience of 3 years and at least 1 year with the current employer.
- The self- employed should have the minimum experience of 3 years in the current business or professions.
- The applicant must have the residential stability. The minimum stay in the city should be at least 3 years and the minimum stay of 1 year in the current residing house.
- The CIBIL score should be 600 and above. Should not have negative or caution profile.
- 1 passport size photograph
- Proof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible and self-attested)
- Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
- Proof of Income: Latest 2 months salary slip with form 16 Audited balance sheet, and the latest 2 years IT returns of the company/ Latest ITR, bank statement reflecting salary credits for last 4 months.
- Bank Statement: Income statement, balance sheet, and ITR for last 2 years ( for self- employed), Last 6 months bank statement (for salaried individual)
- Business Proof: CST Certificate/ Labour act, Shop establishment act/SSI certificate, Proof of ownership of the entity, Rental deed/ Utility deed in the name of the company.
To get further information, Click Car Loan Kochi.
Address of IndusInd Bank Branches in Kochi
|Branch Name||Address||IFSC Code||MICR||Contact Details|
|Kochi||Gouri Narayan, (opp. To New Jayalakshmi Silks), 40/8399, 8400, M. G. Road, Kochi – 682035||INDB0000010||682234002||0484 2360888 (4 LINES) 2382222|
|Kakkanad||C SEZ Administrative Building, Kakkanad, Kochi 682037 Kerala||INDB0000091||682234003||0484 2413252 2413251|
|Kochi Extension Cntr||Ipstavi By 50 Jew Town, Mattancherry, Kochi 682 002||INDB0000510||NON-MICR||1860 500 5004|
|Palarivattom Kochi||Grd Flr 32 1169 A1 Jj Bldg Civil Lines Road Palarivattom Ernakulam Kochi 682025 Kerala||INDB0000760||682234006||2341301|
|Kadavanthra Kochi||Grd Flr Jn Corner Subhash Chandra Bose Road Jawahar Nagar Kadavanthra Ernakulam Kochi 682020 Kerala||INDB0000885||682234007||2207414|