Punjab National Bank Car Loan Kochi Interest Rate-Wishfin

Punjab National Bank Car Loan in Kochi

About Punjab National Bank Car Loan Kochi

Punjab National Bank is one of the most popular banks in Kochi that provides affordable car loans. The facility of getting low-interest rates and a higher loan amount helps people buy a desirable car. If you are also planning to buy a car, get a car loan from PNB.

Punjab National Bank Car Loan Kochi at a Glance

Interest Rate6.50% Onwards
Loan amountUp to ₹100 lakhs
TenureUp to 7 years
Processing Fee1% of the loan amount (Maximum of ₹6000/-)

Eligibility Criteria

The eligibility criteria to apply for a car loan or vehicle loan at Punjab National Bank (PNB) is as follows:

  • The vehicle should be used for private purposes only
  • Any individual can apply
  • The loan can be taken for business concerns (corporate or non-corporate)
  • The minimum net monthly salary/pension/income of the applicant should be ₹20000

Documents Required

The list of documents that an applicant must have at the time of applying for a car loan at PNB is as follows:

  • Signed loan application form
  • Identity Proof (PAN Card/Voter ID Card/Driving License/Passport)
  • Age Proof
  • Address Proof (Driving License/Passport/Voter ID Card)
  • Last 6 months bank statement
  • Last 3 months salary slip for salaried
  • Form 16 or ITR for salaried
  • Last 3 years ITR with computation of income for self-employed
  • Last 3 years CA Certified/Audited Balance Sheet and Profit & loss account

For more information on car loans, read Car Loan Kochi

Punjab National Bank Branch Addresses in Kochi

Branch NameComplete AddressIFSC CodeMICRContact Number
Star JunctionStar Junction Kottukulam Road, Mattancherry, District Ernakulam, Cochin, Kerala - 682002PUNB00101006820240020484-2224464
MG Road, ErnakulamM G Road, Ravipuram, Ernakulam, Kerala - 682016PUNB01701006820240010484-2352775, 2352399
Market Road, ErnakulamPB No. 1177, Market Road, Ernakulam - 682011PUNB04271006820240030484 – 2382156
D H Road Ernakulam35/574 - 5, Durbar Hall Road, Cochin, Kerala 682016PUNB04273006820240040484 – 2370692, 2366679
Asset Recovery ManagementAsset Recovery Management 3rd Floor, 40 By 1461, Market Road, Ernakulam - 682011PUNB04459006820240030484-2371334, 2361554
VytiilaMenaka Arcade, Sahodaran Ayyappan Road, Vytila, Cochi, Kerala - 682019PUNB04490006820240090484-2989434,
Edappally District ErnakulamToll Junction, Edappally Kochi - 682024PUNB04910006820240129847113335
M G Road (Ernakulam)M.G Road Ernakulam KeralaPUNB0702100NON-MICRNA

Personal Loan Interest Rates March 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 March 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%