Car Loan Rates EMI 2019651 views
Table of Contents
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 | 8.75% - 9.20% |
| 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 |
