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

ParticularsDetails
Interest Rate8.75% - 9.20%
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

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