Car Loan Rates EMI 2024
Kotak Mahindra Bank Car Loan in Bengaluru
Last Updated : April 11, 2017, 10:13 a.m.
About Kotak Mahindra Bank Car Loan in Bengaluru
Kotak Mahindra Bank is India’s private sector bank that has been serving the banking and financial requirements of the country’s people. It has introduced car loan product to make it possible for the people to fulfill their need of purchasing a car. It grants a loan to all the eligible candidates. The eligibility criteria are given below.
Kotak Mahindra Bank Car Loan in Bengaluru at a Glance
| Particulars | Details |
|---|---|
| Interest Rate | Customized |
| Loan amount | Minimum - ₹ 75,000 Maximum - Up to 90% of the car value |
| Tenure | Maximum - 7 years |
| Processing fee | As per bank’s norms |
| Pre- payment charges | As per bank’s norms |
Eligibility Criteria
The Kotak Mahindra Bank provides car loan after evaluating individual’s profile. It has set certain criteria to determine the suitability. The car loan eligibility criteria are:
- Eligible Segments- Partnership Firms and LLPs, Public & Private Ltd. companies, HUFs and Trusts
- Criteria for Salaried:
Minimum age of the applicant should be 21 years
Maximum age of the applicant at loan maturity should be 58 years
The applicant must earn minimum income of ₹ 15,000 per month
Must have minimum employment of 12 months - Criteria for Self- Employed:
Minimum age of the applicant should be 21 years
Maximum age of the applicant at loan maturity should be 65 years
Minimum employment in the current line of business should be at least 1 year
Documents Required
In order to avail the benefit of a car loan, the individual needs to submit the following documents:
- Duly filled Application form
- Photograph
- Proof of Identity: Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible)
- Income Proof: Latest salary slip with Form 16./ Income Tax Returns of 2 previous financial years
- Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card
- Signature Verification from your Banker / Voters ID / IT PAN card / IT Return / Driving License / Passport
- Salary Bank Statement/ Business Bank Statement
- P&L A / C and B / S for the last 2 years certified by CA by Non-Salaried
Check Car Loan Bengaluru for more details
Address of Kotak Mahindra Bank Branches in Bengaluru
The branch address, IFSC Code, MICR Code and customer care details of Kotak Mahindra Bank branches located in Bengaluru are mentioned in the table below:
| Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| Bangalore - ITPL | I.T. Park, Unit - G 40 & 41 Lower Gr. Flr - Retail Mall Area Extn. Sadarnagala/ Pattandur Agrahara Whitefield Road Bangalore - 560 066 | KKBK0000418 | 560485003 | (080) 66162800 |
| Bangalore - Jayanagar | Kotak Mahindra Bank Ltd. Heera Paradise 487 9th Main Rd , 4th Block Jaynagar , Bangalore - 560 011 | KKBK0000421 | 560485005 | (080) 66371709 |
| Bangalore - Lavelle Road | Kotak Mahindra Bank Ltd. 10/7 , Umiya Landmark Lavelle Road Next To Chancery Hotel Bangalore Karnataka - 560 001 | KKBK0000422 | 560485002 | (080) 66123259 |
| Bangalore - Rajajinagar (ec) | 543, 2nd Floor, Sthanikams Arcade, Dr. Rajkumar Road, Opp St. Theresa Hospital, Rajajinagar | KKBK0000423 | 560485013 | (080) 56628000 |
| Bangalore - Koramangala | The Pinnacle, Ground Floor, No 8 5th Block Koramangala Bangalore Karnataka 560 076 | KKBK0000424 | 560485004 | (080) 66330200 |
| Bangalore - Majestic | Kotak Mahindra Bank Ltd. No.1, Gokul Majestic, Srinivasa Mandiram Road, Majestic (next To Majestic Theatre), Bangalore, Karnataka - 560 009 | KKBK0000426 | 560485008 | (080) 41329757 |
| Bangalore - Banasankari | Kotak Mahindra Bank Ltd., Shop No 58 & 59 Sree Bhavani Housing Co T Block Banashankari Kathriguppe Bangalore - 560085 | KKBK0000427 | 560485007 | (080) 66957908 |
| Hunsimaranahalli - North Bangalore | Kotak Mahindra Bank Ltd. Ground Floor, 42 - 29 - 19, 43 - 30 - 190, 44 - 31 - 22, North Bangalore, Hunsimaranahalli, Bangalore Rural District, Karnataka - 562 157 | KKBK0000428 | 560485010 | (080) 64568580 |
| Thippasandra - Aaradhana Arcade | Kotak Mahindra Bank Ltd 1st Floor , Aaradhana Arcade , No 1961 New Thippasandra Main Road Hal 3rd Stage , Bangalore Thippasandra - 560 075 Karnataka | KKBK0000429 | 560485009 | (080) - 64568575 |
| Bangalore - Jakkasandra | Kotak Mahindra Bank Limited., Ground Floor, Sarjapura Main Road, Koramangala 1st Block, Jakkasandra, Bangalore - 560 034 | KKBK0000430 | 560485011 | 080-64556916 |
| Bidadi - Kumbaswar Complex | Kotak Mahindra Bank Ltd, Shop No 352/A Ground Floor, Kumbaswar Complex, Bidadi Main Road, Bidadi - 562109, Karnataka, India | KKBK0000445 | 560485006 | (080) 27288173 |
| Kammanahalli Main Road | Kotak Mahindra Bank Ltd, Ground Floor Shri Kadri Laxmi Narasimha Swami, (S.K.L.N.S) Complex, No. 4m - 411, Pid No.89 - 397 - 4M - 411, 4th Main Road, Hennur Road Banaswadi Road Extension, 3rd Block, Kammanahalli Main Road, Ward No. 89, Bangalore - 560064 | KKBK0000432 | 560485014 | 1800226022 |
| J P Nagar | Kotak Mahindra Bank Ltd, Ground Floor, Santosh Tower, Municipal Corporation No. 27, And 28, 15th Cross Road, 100 Ft Road, J P Nagar, 4th Phase, Ward No. 57, Bangalore - 560078 | KKBK0000433 | 560485015 | 1800226022 |
| Bangalore - Indira Nagar | Kotak Mahindra Bank Ltd. Ground Floor, 837/1, Binnamangla, 1st Stage, Indira Nagar, 100 Ft Road, Bangalore, Karnataka - 560 038 | KKBK0000431 | 560485012 | (080) 65396057/63 |
| Mount Road | 185, Anna Salai , Near Tvs, Mount Road, Chennai - 600006, Tamil Nadu | KKBK0008485 | NON-MICR | 18602662666 |
| Perungudi | 14, Old Mahabalipuram Road, Kandanchavadi, Perungudi, Chennai - 600096, Tamil Nadu | KKBK0008780 | NON-MICR | 18602662666 |