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Kotak Mahindra Bank Car Loan in Lucknow

Kotak Mahindra Bank Car Loan in Lucknow

Last Updated : May 20, 2017, 3:25 p.m.

About Kotak Mahindra Bank Car Loan in Lucknow

For the residents of Lucknow, Kotak Mahindra Bank has brought a fantastic plan banking product that can assist them in fulfilling their desire. The Bank extends car loan to the potential car buyers and makes them the proud owner of the vehicle. It lends the loan for up to 90% of the value and charges nominal interest rate. Check the interest rate details in the following section.

Kotak Mahindra Bank Car Loan in Lucknow at a Glance

Interest RateCustomized
Loan amountMinimum - ₹ 75,000
Maximum - Up to 90% of the car value
TenureMaximum - 7 years
Processing feeAs per bank’s norms
Pre- payment chargesAs 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 Lucknow for more details

Address of Kotak Mahindra Bank Branches in Lucknow

The branch address, IFSC Code, MICR Code and customer care details of Kotak Mahindra Bank branches located in Lucknow are mentioned in the table below:

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
Kotak Mahindra 5/27, Gomtinagar5/27, Vishal Khand, Gomtinagar, Lucknow - 226010
Uttar Pradesh
KKBK00006782264850030522 4151900, 0522 4151925
Kotak Mahindra Alambagh LucknowUpper Ground Floor Basant Tower Khasra #827 3 826 16 A 25 A Guru Nanak Nagar Alambagh, Lucknow - 226005 Uttar PradeshKKBK0005197NON-MICR
Kotak Mahindra AliganjAliganj Branch- Lucknow- UP Ground Floor, 40, Chandralok, Aliganj, Lucknow-UP - 226020
Uttar Pradesh
0522-4114710, 0522-4114702
Kotak Mahindra AtrauliShop #5 6 Upper Ground Floor Khasra #57 Atrauli Post Mohanlalganj Uttar Pradesh - 226301KKBK0005198NON-MICR
Kotak Mahindra Gomtinagar Lucknow4 34 Vivek Khand Gomtinagar, Lucknow - 226002
Uttar Pradesh
Kotak Mahindra Indira NagarUpper Ground Floor SH #24, 26, 27, Lekhraj Khazana, Sector4 Indira Nagar, Lucknow - 226016
Uttar Pradesh
0522 4934950
Kotak Mahindra Lucknow AminabadGround Floor #92 190 New #92 081 Gautam Budh Marg Aminabad Lucknow - 226018 Uttar PradeshKKBK0005194NON-MICR
0522 - 2681114, 0522 - 2681113
Kotak Mahindra Lucknow Ashiyana ColonyGround Floor Plot No K 34 Ashiyana Colony Power House Chauraha, Lucknow - 226010
Uttar Pradesh

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