Car Loan Rates EMI 2024
Kotak Mahindra Bank Car Loan in Chennai
Last Updated : April 11, 2017, 10:13 a.m.
About Kotak Mahindra Bank Car Loan in Chennai
Give your dreams a ground of reality as Kotak Mahindra Bank is here with its financial toolkit. The bank has customized products for each requirement of its customers. Like, for the customers wishing to buy their personal car, Bank aids them by granting car loan at the reasonable rate of interest.
Kotak Mahindra Bank Car Loan in Chennai 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 Chennai for more details
Address of Kotak Mahindra Bank Branches in Chennai
The branch address, IFSC Code, MICR Code and customer care details of Kotak Mahindra Bank branches located in Chennai are mentioned in the table below:
| Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| Chennai - Anna Salai | Capital E Ground Floor, 555, Anna Salai, Chennai - 600 018 | KKBK0000462 | 600485003 | (044) 42040205 |
| Chennai - Adyar | Krishna Manasi, Old Door No - 45, New No - 97, 1st Main Road, Gandhi Nagar, Adayar | KKBK0000463 | 600485004 | (044) 52607920 |
| Chennai - Parrys Corner | 3, Dass India Tower, 2nd Line Beach, Parrys, Chennai - 600 001 | KKBK0000464 | 600485005 | (044) 65722022 |
| Chennai - Kodambakkam | Kotak Mahindra Bank Ltd " Sri Hari Building " Ground Floor Door No 337 , Arcot Road Kodambakkam Chennai - 600 024 Tamil Nadu | KKBK0000466 | 600485006 | 044 - 43587800 |
| Chennai - Kelambakkam | Kotak Mahindra Bank Ltd Vinayaga Mansion, First Floor Door Nos. 2/44, 2/45, 2/46, 2/47 & 2/48 Susheela Nagar Layout, Rajiv Gandhi Road [OMR], Kelambakkam, Tamil Nadu - 603 103 | KKBK0000467 | 600485007 | (044) 27498238 |
| Chennai - T. Nagar | Kotak Mahindra Bank Ltd. Ground Floor, Shree Essarar Towers, 41 Venkatnarayana Road, T. Nagar, Chennai - 600017 Tamil Nadu | KKBK0000468 | 600485008 | (044) 42694607 / 08 |
| Anna Nagar | Kotak Mahindra Bank Ltd, Block Q - 100, Plot No 3698, 3rd Avenue, Anna Nagar, Chennai 600040, Tamil Nadu | KKBK0000469 | 600485011 | 044- 45082501/02/03 |
| Nungambakkam Branch | Kotak Mahindra Bank Limited Nungambakkam Branch-Chennai Ground Floor & Mezzanine, Apeejay House, 39/12, Haddows Road, Nungambakkam, Chennai-600006 | KKBK0008471 | 600485014 | 18001026022 |
| Adayar | 21, 2nd Avenue, M G Road, Shastri Nagar, Adayar, Chennai - 600020, Tamil Nadu | KKBK0008491 | NON-MICR | 18602662666 |
| Anna Nagar | Block Q-100, Plot No 3698, 3rd Avenue, Anna Nagar, Chennai - 600040, Tamil Nadu. | KKBK0000469 | NON-MICR | 18602662666 |
| Ashok Nagar | Gr Floor, New No. 85, Old No. 30, Maharaja Towers First Avenue, Ashok Nagar , Chennai - 600083, Tamil Nadu | KKBK0008479 | NON-MICR | 18602662666 |
| Guindy | Madras Race Club, Guindy, Chennai - 600032, Tamil Nadu | KKBK0008493 | NON-MICR | 18602662666 |
| Kodambakkam | Sri Hari Building, Ground floor, Door No. 337, Block No. 24 T. S. No. 64 70, Puliyur Village, Arco Road, Kodambakkam, Chennai - 639114, Tamil Nadu | KKBK0000466 | NON-MICR | 18602662666 |
| Koyambedu | No 3, Rathinapuri Layout, Jawaharlal Nehru Road (100 Feet Road), Koyambedu, Koyembedu, Chennai - 600107, Tamil Nadu | KKBK0008477 | NON-MICR | 18602662666 |
| Madippakkam | Door No. 70 / 1, Medavakkam Main Road, Madippakkam, Kancheepuram Dist, Chennai - 600091, Tamil Nadu | KKBK0000471 | NON-MICR | 18602662666 |
| 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 |