Kotak Mahindra Bank Car Loan New Delhi Interest Rate- Wishfin

Kotak Mahindra Bank Car Loan in New Delhi

About Kotak Mahindra Bank Car Loan in New Delhi

Avail the finance for buying your favourite car from Kotak Mahindra Bank. The bank provides car loan easily to the eligible candidates. It charges the reasonable rate of interest and levies nominal processing fee on the loan. The application for the loan can be dropped at the nearest bank branch or online. The individual can even check the eligibility and calculate EMI using the calculator.

Kotak Mahindra Bank Car Loan in New Delhi at a Glance

Interest Rate Customized
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 New Delhi for more details

Address of Kotak Mahindra Bank Branches in New Delhi

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

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
New Delhi - Connaught Place

Ground Floor, Ambadeep, 14, Kasturba Gandhi Road, New Delhi - 1KKBK0000172110485003(011) 51790000
New Delhi - Greater Kailash Ii

M - 43 A, M Block Market, Greater Kailash - Ii, New Delhi - 110 048KKBK0000173110485005(011) 42194900
New Dehi - Punjabi Bagh

4 Sector Iv Market, North - West Avenue Rd., Club Road, Punjabi BaghKKBK0000174110485007(011) 42256200
New Delhi - Safdarjung Enclave
A - 1/24, Safdarjung Enclave, New Delhi - 110 029KKBK0000175110485006(011) 41654491
New Delhi - New Friends Colony

New Friends Colony D - 960, New Friend's Colony, New Delhi 110065KKBK0000176110485009(011) 41626666
New Delhi - Palam

Khasra, No 65, Harphool Singh Market, Main Dwarka Janakpuri Road, Palam, New Del Pin Code 110 045KKBK0000177110485008(011) 45521060-65
New Delhi - Old Rajinder Nagar

79, Old Rajinder Nagar Market, New Delhi - 110060KKBK0000179110485010(011) 42430860
New Delhi - Preet Vihar

7 Bharati Artist Colony, Vikas Marg, Preet Vihar New Delhi 110 072KKBK00001831104850119910892042-45
New Delhi - Gulmohar Park

21, Comuinity Centre, Yusuf Saria , Gulmohar, New Delhi 110 049
KKBK0000184110485015(011) 46066730
New Delhi - Model Town

B - 1, Gujranwala Town Part - 1, Model Town New Delhi - 110 009KKBK0000185110485012(011) 47013200
New Delhi - Chandani Chowk

739, 1st Floor, Katra Hardayal, Chandni Chowk Delhi - 110 006KKBK0000186110485017(011) 23240390
New Delhi - Saket

26, Community Center, PVR Complex, Malviya Nagar Extention Saket New Delhi 110 017KKBK0000187110485016(011) 40592000
Delhi - Kamlanagar

Kotak Mahindra Bank Ltd. 19 C UA , Jawahar Nagar, Bunglow Road , Kamla Nagar, New Delhi - 110007KKBK0000190110485035(011) 47088308
New Delhi - Karol Bagh

Kotak Mahindra Bank Ltd. 16/10 Ground Floor Arya Samaj Road Karol Bagh New Delhi 110KKBK0000191110485019(011) 45064626
New Delhi - Mansarovar Garden

Kotak Mahindra Bank Ltd. D - 209, Ground Floor, D - 209, Ground Floor, Ring Road, Mansarover Garden, New Delhi - 110 018KKBK0000192110485018(011) 45519606
New Delhi - Dwarka

Kotak Mahindra Bank Ltd G - 1, 2, 3 Manish Mega Plaza Plot No. 13, Sector - 5, Plot No. 13, Sector - 5KKBK0000193110485023(011) 45509453
New Delhi - Greater Kailash I

Kotak Mahindra Bank Ltd. G - 5 - 13, Plot No.1& 2, Basement B - 4, Local Shopping Centre, Pamposh Enclave, Greater Kailash I, New Delhi 110048KKBK0000195110485025(011) 66082501

Personal Loan Interest Rates February 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates February 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%