Kotak Mahindra Bank Car Loan in Lucknow
Last Updated : April 11, 2017, 4:20 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
| 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 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 Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| Kotak Mahindra 5/27, Gomtinagar | 5/27, Vishal Khand, Gomtinagar, Lucknow - 226010 Uttar Pradesh | KKBK0000678 | 226485003 | 0522 4151900, 0522 4151925 |
| Kotak Mahindra Alambagh Lucknow | Upper Ground Floor Basant Tower Khasra #827 3 826 16 A 25 A Guru Nanak Nagar Alambagh, Lucknow - 226005 Uttar Pradesh | KKBK0005197 | NON-MICR | 1800-102-6022 |
| Kotak Mahindra Aliganj | Aliganj Branch- Lucknow- UP Ground Floor, 40, Chandralok, Aliganj, Lucknow-UP - 226020 Uttar Pradesh | KKBK0005190 | NON-MICR | 0522-4114710, 0522-4114702 |
| Kotak Mahindra Atrauli | Shop #5 6 Upper Ground Floor Khasra #57 Atrauli Post Mohanlalganj Uttar Pradesh - 226301 | KKBK0005198 | NON-MICR | 1800-102-6022 |
| Kotak Mahindra Gomtinagar Lucknow | 4 34 Vivek Khand Gomtinagar, Lucknow - 226002 Uttar Pradesh | KKBK0005196 | NON-MICR | 1800-102-6022 |
| Kotak Mahindra Indira Nagar | Upper Ground Floor SH #24, 26, 27, Lekhraj Khazana, Sector4 Indira Nagar, Lucknow - 226016 Uttar Pradesh | KKBK0005191 | NON-MICR | 0522 4934950 |
| Kotak Mahindra Lucknow Aminabad | Ground Floor #92 190 New #92 081 Gautam Budh Marg Aminabad Lucknow - 226018 Uttar Pradesh | KKBK0005194 | NON-MICR | 0522 - 2681114, 0522 - 2681113 |
| Kotak Mahindra Lucknow Ashiyana Colony | Ground Floor Plot No K 34 Ashiyana Colony Power House Chauraha, Lucknow - 226010 Uttar Pradesh | KKBK0005199 | NON-MICR | 1800-102-6022 |