Car Loan Rates EMI 2024
SBI Car Loan in Kochi
Last Updated : March 31, 2017, 5:24 p.m.
About State Bank of India Car Loan in Kochi
In Kochi, State Bank of India provides multiple products. This list of products includes car loan as well. The bank to make it possible for the people to have their dream car gives them car loan. It charges interest on the credit facility and sanctions the loan for the highest tenure of 7 years. The information relevant to Car Loan Kochi is provided here.
SBI Car Loan in Kochi at a Glance
| Particulars | Description |
|---|---|
| Interest Rate | 7.20% - 7.90% |
| Processing Fee | New Cars: No processing fees Used Cars: 1.25% of loan amount + GST; Min INR 3750 + GST & Max: INR 10,000 + GST |
| Foreclosure Charges | NIL |
| Loan Tenure | 1-7 Years for New Cars 1-5 Years for Old Cars |
Eligibility Criteria
The State Bank of India provides car loan after evaluating individual’s profile. It has set certain criteria to determine the suitability. The car loan eligibility criteria are:
- A regular employee of State / Central Government, Public Sector Undertaking, Private Company or a reputed establishment with minimum annual income of ₹ 2,50,000.
- Professionals, self-employed, businessmen, proprietary/partnership firms who are income tax assesses with net profit or gross taxable income of ₹ 4,00,000 per annum
- Person engaged in agricultural and allied activities with minimum net annual income of ₹ 4,00,000
Documents Required
In order to avail the benefit of a car loan, the individual needs to submit the following documents:
- Statement of bank account for last 6 months
- 2 passport size photographs
- Proof of Identity: (Copy of any one) Passport/ PAN Card/ Voters ID card/ Driving License etc.
- Address Proof: (Copy of any one) Ration card/Driving License/Voters ID card/ Passport / Telephone Bill/ Electricity bill/Life Insurance policy
Income Proof: Latest Salary Slip, Form 16/ ITR for last 2 years, I.T. Returns or Form 16 for the last 2 years, Audited Balance sheet, P&L statement for 2 years, Shop & establishment act certificate/sales tax certificate / SSI registered certificate/copy of partnership ( non- salaried)
For more information, visit Car Loan Kochi
Address of SBI Branches in Kochi
The branch address, IFSC Code, MICR Code and customer care details of State Bank of India branches located in Kochi are mentioned in the table below:
| Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| RCPC - Ernakulam | State Bank Of India, Regional Business Office - II ( SU ), LHO Annexe - II, Shanmugham Road, Cochin, Dist: Ernakulam - 682031 | SBIN0013824 | NON-MICR | 0484-2361318, 2352079 |
| Kochi Shipyard | P.B. No. 1655, Perumanur, M.G. Road Pin- 682015 | SBIN0003229 | 682002004 | 0484-2354786 |
| NRI, Kochi | Deepa Theatre Bldg, M.G. Rd., NRI Kochi, Ernakulam, Kerala | SBIN0006561 | 682002008 | 1800 425 3800 |
| Perumanoor | Parambi Estate, Perumanoor, Ernakulam, State Kerala, Pin 682015 | SBIN0008660 | 682002012 | 0484-2359038 |
| Vyttila, Kochi | 29 1288, B - Cummins Building Vyttilla Junction, National Highway, Kochi , Pin - 682019 | SBIN0008694 | 682002013 | 0484-2302365, 2303521 |
| Cepz Kakkanad | Ernakulam, Kerala, Pin 682030 | SBIN0009485 | 682002015 | 0484-2413185 |
| Kochi | Calvetty Rd, Fort Cochin, Ernakulam, Kerala | SBIN0000826 | 682002018 | 1800 425 3800 |
| Overseas Branch, Kochi | Dist Ernakulam, Kerala 682003 | SBIN0000967 | 682002019 | 0484-2666210 |
| Panayapalli, Kochi | Post Bag No. 280, XII By 1052, Panyapally, Kochi, Dist Ernakulam, 682002 | SBIN0002250 | 682002020 | 0484-2227433 |
| Kochi Port Trust | North End, Willingdon Island, Cochin Port Trust, Ernakulam, Kerala | SBIN0006367 | 682002021 | 1800 425 3800 |
| Ambalamedu | Near Factcd Main Gate Via Tripurith Ura, Ambalamedu | SBIN0001108 | 682002027 | 0484-2720337 |
| Infopark Branch, Kochi | Npol Compound Kakkanad Ernakulam Kerala 682037 | SBIN0010316 | 682002037 | 0484-2572013 |
| High Court Of Kerala | High Court Complex, Ground Floor, Ernakulam, Kochi, Kerala 682031 | SBIN0010564 | 682002042 | 0484-2392790 |
| Kochi Refineries | Kochi Refineries Compound, Ambalamedu, Ernakulam District, Kerala 682303 | SBIN0010567 | 682002043 | 0484-2822910 |
| Perumbavoor | Mullapalli Bldgs., Alwayemannar Road, Pin 682542 | SBIN0008661 | 682002054 | 0484-2523198 |
| Ernakulam | Plot No. 40/9043/ B, 1st Floor, YMCA Junction, Chittor Road, Ernakulam - 682035 | SBIN0030473 | 682005002 | 0484-2367999 |
| Smart City | Smart City , Heera Cyber Views, Infopark -edachira Road, Thengode P.O., Kochi. Kerala -682030 | SBIN0015789 | NON-MICR | 0484-2372683 |
| Chakkaraparambu | Bldg No. 33/644 C, Govt High School Road, Vennala Po , Kochi. Kerala - 682028 | SBIN0016072 | NON-MICR | 9497717566 |
| Kadavanthra | No 57314 A Naveen Arcaderavindran Road Kadavanthtra Post Ernakulam Kerala 682020 | SBIN0018059 | NON-MICR | 9496251777 |
| Kathrikadavu | Grand Baykattakkara Jnkaloor Kadavanthra Road Kaloorcochin 17 Ernakulam Kerala 682017 | SBIN0018060 | NON-MICR | 9447515599 |
| Panampilly Nagar | Door No 395173 A KC Abraham Master Road Panampilly Nagar Kochi Distt. Ernakulam Kerala 682036 | SBIN0018061 | NON-MICR | 9446574742 |
| Ponekkara | Athekkedath Complex Poysha Road Ponekkara Distt Ernakulam Kerala 682041 | SBIN0018168 | NON-MICR | 9497714779 |
| Sbiintouch Lite, Padamugal | No. Xi673b1, Sbiintouch Lite, Padamugal Kakkanad, Noel House, Posttrikkakara, Ernakulam 682021 | SBIN0019011 | NON-MICR | 9447339953 |
| Desom | Kunnumpuram, Post Desom, Dist. Ernakulam, Kerala- 683102 | SBIN0018621 | NON-MICR | 9446460517 |
| Koothattukulam | Valiyakulangara Towers, Koothattukulam, Dist. Ernakulam, Kerala- 686662 | SBIN0018636 | NON-MICR | 8547853359 |
| SBI intouch Edappally | Metro Pillar Arcade, Edapally, Ernakulam. Kerala- 682024 | SBIN0019128 | NON-MICR | 9446881369 |