Kotak Mahindra Bank Car Loan in Gurugram
Last Updated : June 8, 2017, 5:10 p.m.
About Kotak Mahindra Bank Car Loan in Gurugram
Drive home your favourite car with Kotak Mahindra Bank car loan. The bank provides the financial support and assists an individual in the purchase of a car. It accepts the repayment in form of equated installments and lends the amount for the widest tenure of 7 years. The customer applying for the loan in the bank has to submit the necessary documents along with the application form. The details of the requisite documents and eligibility criteria are provided in the subsequent section.
Kotak Mahindra Bank Car Loan in Gurugram 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 Gurugram for more details
Address of Kotak Mahindra Bank Branches in Gurugram
The branch address, IFSC Code, MICR Code and customer care details of Kotak Mahindra Bank branches located in Gurugram are mentioned in the table below:
| Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| DLF Phase IV | Super Mart 1, DLF Phase IV, DLF Phase 4, Gurugram - 122007, Haryana | KKBK0000291 | 110485047 | 18602662666 |
| Gurugram | JMD Regent Square, Mehrauli Gurugram Road, Opposite Bristol Hotel | KKBK0000261 | 110485002 | 18602662666 |
| Gurugram - Sector 14 | Kotak Mahindra Bank Ltd. Ground Floor SCO 16 Sector 14 Gurugram , Haryana - 122 001 | KKBK0000287 | 110485027 | (0124) 4215271 |
| Gurugram Golf Course Road | Kotak Mahindra Bank Ltd. Ground Floor, Block - B, Vatika Atrium, Sector 53, Golf Course Road, Gurugram 122001, Haryana | KKBK0000289 | 110485043 | (0124) 4211000 |
| Old Judicial Complex Branch | Kotak Mahindra Bank Ltd, Ground Floor, First Floor & Basement Area, Plot No. 61, Sector Old Judicial Complex, Gurugram - 122001, Haryana | KKBK0000299 | 110485059 | 1800226022 |
| DLF Phase I Gurugram Branch | Kotak Mahindra Bank Ltd, DLF Phase I , (Arjun Marg), Gurugram Ground Floor, & Mezzanine, Shop No.27 & 28, Shopping Mall Building, Dlf Qutab Enclave Complex, Phase-I, Gurugram-122002 | KKBK0004253 | 110485061 | 18001026022 |
| Gurugram Sushant Lok Branch | Kotak Mahindra Bank Limited Sushant Lok Branch- Gurugram ( Haryana) Ground Floor & Mezzanine Floor, Shop Number Gf-21, The Peach Tree Complex, Block-C, Sushant Lok-1, Gurugram, Haryana - 122 001 | KKBK0004256 | 110485066 | 18001026022 |
