Car Loan Rates EMI 2024
Kotak Mahindra Bank Car Loan in Mumbai
Last Updated : April 11, 2017, 4:58 p.m.
About Kotak Mahindra Bank Car Loan in Mumbai
Kotak Mahindra has a plethora of banking products and services to offer to its customers. It deals in both deposits and lending. It proposes the products as per the requirement of the individual. The individual can avail up to 90% of the car value and repay the loan within the maximum tenure limit of 7 years. The in-depth details about the loan product are provided below.
Kotak Mahindra Bank Car Loan in Mumbai 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 Mumbai for more details
Address of Kotak Mahindra Bank Branches in Mumbai
The branch address, IFSC Code, MICR Code and customer care details of Kotak Mahindra Bank branches located in Mumbai are mentioned in the table below:
| Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| Mumbai - Sion (W) | Kotak Mahindra Bank Ltd. Kum Kum Chs, Jain Society, Off Eastern Express Highway, Behind Dominos, Sion (W) - 400022 | KKBK0000635 | 400485043 | (022) 24081051 |
| Mumbai - Opera House | Kotak Mahindra Bank Limited. 480, Sanghrajka House, S.V.P Road, Opera House, Mumbai - 400004 , Maharashtra | KKBK0000666 | 400485033 | 9819291132 |
| Hughes Road | Kotak Mahindra Bank Ltd, Gr Flr Unit 2 & Basement Unit B Manek Lodge, N S Patkar Marg, Hughes Road, Mumbai 400007 | KKBK0000639 | 400485044 | 23885571/72/73 |
| Worli | Kotak Mahindra Bank Ltd. City View Building, 201, Dr. Annie Besant Road, Worli, Mumbai – 400018 | KKBK0000634 | 400485042 | 67474200-03 |
| Mumbai - Kandivali (E) | Kotak Mahindra Bank Ltd. Gayatri Enclave, Gr. Floor 90 Feet Road, Thakur Complex Kandivali (E) Mumbai - 400 101 | KKBK0000633 | 400485041 | (022) 67413242 |
| Parel | Kotak Mahindra Bank Ltd. Shop No. 9, 10, 11 & 12, Veer Mahal Chs, Ground Floor, Dr. Babasaheb Ambedkar Road, Parel, Mumbai 400 012 | KKBK0000640 | 400485046 | 65991985/ 86 |
| Goregaon | Kotak Mahindra Bank Ltd. Evershine Angan, Gr Floor, Plot No 4, Jawahar Nagar, Goregaon West, Mumbai 400062 | KKBK0000643 | 400485045 | 67587970/71 |
| Lokhandwala - Andheri | Kotak Mahindra Bank Ltd, Shop Numbers 9, 10 And 11, Ground Floor, Wing B, Silver Spring Plot No.118, Lokhandwala Complex, Andheri West, Mumbai - 400053 | KKBK0000680 | 400485054 | 1800226022 |
| Andheri - Kurla Road | Kotak Mahindra Bank Ltd, Unit No - 2 & 3, Ground Floor, Satellite Silver, Satellite Silver Co - Operative Hsg Society Ltd, Andheri - Kurla Road, Cts No - 1613, 1613/1, Andheri East, Mumbai - 400059 | KKBK0000681 | 400485055 | 1800226022 |
| Ghatkopar | Kotak Mahindra Bank Ltd, Unit No. 1, Ground Floor Rajshree Plaza, Rajshree Plaza Premises Co - Operative Soc. Limited, Opposite Shreyas Cinema, Lbs Marg, Ghatkopar (west) Mumbai - 400086 | KKBK0000682 | 400485057 | 1800226022 |
| S V Road Branch | Kotak Mahindra Bank Ltd, Shop No. 1 To 5 On The Ground Floor & Basement, Dattani Chambers, Dattani Chambers Co - Operative HSG Soc. Ltd, Swami Vivekanand Road, Malad (west), Mumbai - 400064 | KKBK0000683 | 400485056 | 1800226022 |
| Vikhroli West | Kotak Mahindra Bank Ltd, Shop No.3 & Shop No.4, Ground Floor, Karma Stambh, Next To Hcc Business Park, Lbs Road, Vikhroli (west), Mumbai - 400079 | KKBK0000684 | NON-MICR | 1800226022 |
| L J Road Branch | Kotak Mahindra Bank Ltd, Ground Floor, First Floor Gayatri Apartment, Opposite Vijay Sales, L J Road, Mahim ( West) Mumbai - 400016 | KKBK0001345 | 400485058 | 1800226022 |
| LBS Road Bhandup Branch | Kotak Mahindra Bank Ltd, Ground Floor & First Floor, Hotel Pride, Lbs Road, Bhandup ( West), Mumbai - 400078 | KKBK0001346 | 400485059 | 1800226022 |
| Mumbai Currency Chest | Kotak Mahindra Bank Ltd, Ground Floor, Admin Bldg., Western Industrial Co-Op Estate Ltd., Opp Seepz Main Gate, Midc (marol), Andheri East | KKBK0001340 | NON-MICR | 1860 266 2666 |
| Veera Desai Branch | Kotak Mahindra Bank Ltd, Shop No.-1, Ground Floor, Wing-A Dev Presitige In Azad Nagar Prestige Co-Operative Housing Society Ltd, Azad Nagar Road No-3, Veera Desai Road, Andheri (west), Mumbai-400058 | KKBK0001351 | 400485064 | 1800226022 |
| Dadar East Branch | Kotak Mahindra Bank Ltd, Dadar East Branch Mumbai, Ground Floor Shop No.11-12-13& 13a, & First Floor-Unit No.14, Dharamputra Building, Dr. Babasaheb Ambedkar Road, Dadar East- Mumbai-400014 | KKBK0001354 | 400485067 | 18001026022 |
| Kharghar Branch | Kotak Mahindra Bank Limited Kharghar Branch Ground Floor Shop No. 1, 2, 3, 4, 5 & 6, Vaibhav Chsl, Plot No. 28, Sector-11, Kharghar, Navi Mumbai-410210 | KKBK0001356 | 400485068 | 18001026022 |
| Borivali Chamunda Circle Branch | Kotak Mahindra Bank Limited Chamumda Circle Branch- Borivali Ground Floor (part), Jay Bhadra Villa Plot No.14 , S V Road, Near Chamunda Circle , Borivali (west) Mumbai-400092 | KKBK0001357 | 400485072 | 18001026022 |
| Dahisar East Branch | Kotak Mahindra Bank Limited Dahisar East Branch-Mumbai Ground Floor & Mezzanine Floor, Ram Kumar Thakur Road, Dahisar (east) Mumbai-400068 | KKBK0001358 | 400485071 | 18001026022 |
| Mahavir Nagar Kandivali West Branch | Kotak Mahindra Bank Limited Mahavir Nagar Kandivali Branch Mumbai First Floor Flat No. 129 & 130, Wing H, Raj Arcade Near Jain Temple, Kandivali (west), Mumbai-400067 | KKBK0001359 | 400485076 | 18001026022 |
| Shivshankar Plaza I Sector 8 Airoli Branch | Kotak Mahindra Bank Limited Airoli Branch- Navi Mumbai Ground Floor & First Floor, Shop No. 11, 12, & 13 Shivshankar Plaza- Shivshankar Plaza- I, Co-Operative Housing Society Limited, Sector -8, Airoli Navi Mumbai- 400708 | KKBK0001360 | 400485069 | 18001026022 |
| Dr C Gidwani Marg Chembur Branch | Kotak Mahindra Bank Limited Chembur Branch- Mumbai Ground Floor, Shop No.7, 8 & 9, Basant Vihar Commercial Complex Premises- Co-Operative Society Limited, Near Basant Cinema, Dr. C. Gidwani Marg, Chembur Mumbai -400074 | KKBK0001361 | 400485070 | 18001026022 |
| LBS Marg Mulund Branch | Kotak Mahindra Bank Ltd, Shop No.8, Ground Floor, Vikas Paradise LBS Marg, Mulund (west), Mumbai-400080 | KKBK0001352 | 400485065 | 1800226022 |