Kotak Mahindra Bank Car Loan in Pune
Last Updated : May 20, 2017, 2:57 p.m.
About Kotak Mahindra Bank Car Loan in Pune
Gift yourself with the car of your desire. And Kotak Mahindra Bank will lend you the finance to support your wish. The bank offers car loan to the aspirant car buyers at the moderate rate of interest. It accepts the repayment in equated installments so as not to burden the borrower. It grants the loan for the widest tenure of 7 years. Other relevant details about the product are mentioned in the subsequent sections.
Kotak Mahindra Bank Car Loan in Pune 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 Pune for more details
Address of Kotak Mahindra Bank Branches in Pune
The branch address, IFSC Code, MICR Code and customer care details of Kotak Mahindra Bank branches located in Pune are mentioned in the table below:
| Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| Kotak Mahindra Baramati | Bhigwan Road, Taluka Baramati, Pune - 413102 Maharashtra | KKBK0001760 | NON-MICR | 02112 229246 |
| Kotak Mahindra Bhandarkar Road Pune | Bakre Avenue, F. P. #226/3, Bhandarkar Road Pune - 411004 Maharashtra | KKBK0000721 | 411485003 | 020 65601217, 020 65601216, 020 26333696 |
| Kotak Mahindra Bhosari | Ground Floor Madur Engineers PVT Limited Plot #71 1 A 2 Gen Block Telco Road Midc Bhosari Pune - 411026 Maharashtra | KKBK0001774 | NON-MICR | 1800-102-6022 |
| Kotak Mahindra Chakan | Shubhmangal Plaza, Talegaon Chowk, Pune-nashik Highway - 410501 Chakan , Maharashtra | KKBK0000728 | 411485008 | 02135 645042, 02135 645043, 02135 645045, 02135 645085 |
| Kotak Mahindra Chinchwad Pune | Shop #9 To 13 Ground Floor Empire Estate CTS #4510 1 BombayRoad Chinchwad, Pune - 411019 Maharashtra | KKBK0001768 | NON-MICR | 1800-102-6022 |
| Kotak Mahindra East Street, Pune | M-4, Virwani Plaza, 11, East Street, PuneMaharashtra | KKBK0000723 | 411485002 | 020 66094041, 020 66094042, 020 66094043, 020 66094058 |
