Kotak Mahindra Bank Car Loan Patna Interest Rate-Wishfin

Kotak Mahindra Bank Car Loan in Patna

About Kotak Mahindra Bank Car Loan in Patna

Give your longing of owning a car ground of reality. Yes, it is possible to have your car as Kotak Mahindra Bank provides appropriate banking tool for it. Avail the car loan product from the bank and gratify your desire. The bank provides loan for the maximum tenure of 7 years at reasonable rate of interest. Check out the details to know more.

Kotak Mahindra Bank Car Loan in Patna 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 Patna for more details

Address of Kotak Mahindra Bank Branches in Patna

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

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
Boring Road6B,Sri Krishna Puri, Boring Road, Patna - 800001, BiharKKBK000565180048500391 7632986014
Gandhi MaidanShop No 3, 4, 5, Ahmad Husain Complex, Exhibition Road, P.S.- Gandhi Maidan, Patna - 800001, BiharKKBK0000351800485002(0612) 6451069
Patna - AshiyanaKotak Mahindra Bank Ltd, Ravi Urmilla Complex Near Pass port office, Ashiyana digha Main Road, Patna, Bihar. Pin Code - 800 014KKBK0005656NON-MICR18602662666
Phulwari SharifGround Floor, Hotel Pritam Inn, Main Road, Pethia Bazar, Mahavir Cancer Hospital Road, Phulwari Sharif, Patna - 801505, BiharKKBK0005655NON-MICR
Exhibition RoadNo.1471, Shop No.101, Umang Palace, I Floor, Opposite Petrol Pump, Exhibition Road, Patna - 800001, BiharKKBK0005652NON-MICR

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%