Kotak Mahindra Bank Car Loan in Ghaziabad
Last Updated : May 20, 2017, 3:20 p.m.
About Kotak Mahindra Bank Car Loan in Ghaziabad
Give yourself the pleasure of driving an owned car without worrying about the financial problems as Kotak Mahindra Bank is there to help you. The Bank provides a car loan to the eligible candidates at the decent rate of interest. It charges a nominal processing fee, the details of which are stated below.
Kotak Mahindra Bank Car Loan in Ghaziabad 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 Ghaziabad for more details
Address of Kotak Mahindra Bank Branches in Ghaziabad
The branch address, IFSC Code, MICR Code and customer care details of Kotak Mahindra Bank branches located in Ghaziabad are mentioned in the table below:
| Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| Ghaziabad | 30 & 31, Navyug Market, P. B. #75, Ghaziabad - 201001 Uttar Pradesh | KKBK0000677 | 110485033 | (0120) 4175102 |
| Ghaziabad Main Branch | C, 77 RDC, Raj Nagar District Centre, Ghaziabad - 201001 | KKBK0005295 | NON-MICR | 1800-102-6022 |
| Indirapuram Br | Shop No. AG-11, 12, 38, 39 & 40 ON Ground Floor Aditya City Center Indirapuram, Ghaziabad - 201014 Uttar Pradesh | KKBK0005289 | NON-MICR | 0120-4308678, 0120-4309857 |
| Raj Nagar Ghaziabad | ALL India Institute of Tech Medicals Plot #13 RDC Opposite Telephone Exchange Raj NGR, Ghaziabad - 201002 Uttar Pradesh | KKBK0005296 | NON-MICR | 1800-102-6022 |