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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
| Particulars | Details |
|---|---|
| Interest Rate | 7.40% - 7.65% |
| Loan amount | Up to ₹100 lakhs |
| Tenure | Up to 7 years |
| Processing Fee | 1% 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 Name | Complete Address | IFSC Code | MICR | Contact Number |
|---|---|---|---|---|
| Star Junction | Star Junction Kottukulam Road, Mattancherry, District Ernakulam, Cochin, Kerala - 682002 | PUNB0010100 | 682024002 | 0484-2224464 |
| MG Road, Ernakulam | M G Road, Ravipuram, Ernakulam, Kerala - 682016 | PUNB0170100 | 682024001 | 0484-2352775, 2352399 |
| Market Road, Ernakulam | PB No. 1177, Market Road, Ernakulam - 682011 | PUNB0427100 | 682024003 | 0484 – 2382156 |
| D H Road Ernakulam | 35/574 - 5, Durbar Hall Road, Cochin, Kerala 682016 | PUNB0427300 | 682024004 | 0484 – 2370692, 2366679 |
| Asset Recovery Management | Asset Recovery Management 3rd Floor, 40 By 1461, Market Road, Ernakulam - 682011 | PUNB0445900 | 682024003 | 0484-2371334, 2361554 |
| Vytiila | Menaka Arcade, Sahodaran Ayyappan Road, Vytila, Cochi, Kerala - 682019 | PUNB0449000 | 682024009 | 0484-2989434, |
| Edappally District Ernakulam | Toll Junction, Edappally Kochi - 682024 | PUNB0491000 | 682024012 | 9847113335 |
| M G Road (Ernakulam) | M.G Road Ernakulam Kerala | PUNB0702100 | NON-MICR | NA |
