KOTAK CAR LOANSKOTAK CAR FINANCE SCHEMES | ELIGIBILITY | DOCUMENTS | INFORMATION

Kotak Mahindra Car loan: Kotak Car Finance offers you flexible schemes to suit your needs, hassle-free documentation and quick processing. To own and drive your car in the quickest possible time, just get in touch with us. click to Apply Car Loan Compare car Loan interest rates Kotak Mahindra Prime Limited (KMPL) offers you

The widest range of new and pre-owned cars Attractive car loan interest rates Flexible schemes Speedy loan processing Kotak Mahindra Prime Limited (KMPL) finances your car dreams with up to 90% of the ex-showroom price on your new car. Available from a minimum loan amount of Rs. 75,000 and flexible repayment tenures ranging from 12 to 60 months, you can avail of these loans on most passenger cars and multi-utility vehicles. You can choose from four schemes designed to meet your needs: 1. Margin Money Scheme 2. Step Up Scheme 3. Low EMI, Balloon Scheme 4. Advance EMI Scheme 5. Special Schemes* Eligibility:

Salaried individuals between 21 to 58 years (at the end of the tenure) Self-employed individuals between 21 to 65 years (at the end of the tenure) Partnership Firms Public & Private Ltd. companies Hindu Undivided Families and Trusts Documents:

Proof of Identity:- Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible) Income Proof: Latest salary slip with Form 16. Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card Salary Bank Statement

5 steps to Getting a New Car

Loan Scheme Selection Choose a Car Loan Scheme. Documentation

Collect the required documents with your loan proposal. See list of documents. Credit Approval Provide information for credit evaluation to the field investigation officer. Margin Money Payment Pay off margin money through a pay order or cheque. Sign agreement and provide post dated cheques or sign ECS Mandate. Car Delivery You can now drive your new car home after completion of above formalities.

Loan Repayment
You can start repaying your loan once you receive the Repayment Schedule with a copy of the Agreement at your correspondence address within 15 days of the loan amount being disbursed for your new car. Available Products of Kotak bank: 1. 2. 3. Kotak Credit Cards Kotak Mahindra Home Loan Kotak Mahindra Personal Loan

Disclaimer: The above information is collected from various sources. The website www.deal4loans.com is not responsible for any change in the Documents, Eligibility, Interest Rates and loan processing fees of the Kotak Car Finance.

Kotak Mahindra Bank Home Loan

Kotak Mahindra Bank offers you home loan for purchasing a residential property. The Home Loan solution is designed in such a way that it goes with customer need & suits his/her pocket. Features & Benefits of Kotak Bank Home Loan Wide range of Offerings : Apart from the plain vanilla Home Loan, you can also avail of the exact scheme that suits your needs. You can choose: Kotak Flexi Home Loan Fixed Deposit Linked Home Loans Free Personal Accident Insurance cover : Upto Rs. 1 crore along with your loan, which ensures that you are covered for any accidental mishaps and your family, is well protected. Pre-Approval facility : You can get a sanction for your loan amount based on the income, assets and employment information you provide during your consultation with Kotak Mahindra Bank. You may come across a property which you need to close at a short notice. In such a situation, this sanction can help so that you don't miss the opportunity. The sanction is good for 6 months, giving you time to shop for the home of your choice. Insurance options on your Home Loans : You can also avail of a reducing insurance cover at an

exclusive premium, so that you are rest assured that should any unfortunate mishap occur to you, your family is safeguarded from any repayment burdens over the tenure of the loan. Documentation & eligibility required for Kotak Bank Home Loan Salaried Age Income Loan Amount Offered Tenure Current Experience Processing Fee Loan to value ratio 21 years to 60 years 1,44,000 (p.a) 2,00,000 - 1,00,00000 5 years to 25 years 2 years 0.5% 85% of the property value 1) 2) 3) 4) 5) 6) Complete application form Address Proof Age Proof Income Proof Last 6 months bank statement last 3 months salary slip Self-Employed 21 years to 65 years 1,44,000 (p.a) 2,00,000 - 1,00,00000 5 years to 25 years 3 years 0.5% 85% of the property value 1) 2) 3) 4) 5) 6) Complete application form Address Proof Age Proof Income Proof Last 6 months bank statement Bank statement

Documentation

Disclaimer : Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.

Kotak Personal Loan

Kotak Mahindra Bank offers Personal Finance - the single expert source for all your financial needs. Unexpected expenses, education, wedding in the family, home improvement or that long awaited vacation. Kotak Mahindras range of Personal Loan can help. Features and Benefits of Kotak Mahindra Personal Loan Available loans from Rs.50,000 - 50 lakh Quick approval: With a Kotak Mahindra Bank Personal Loan, In as less as 72 hours you can turn your dreams into reality. Minimum Documentation & Simple free processing. Flexible repayment options: Our flexible loan tenors range from 12 - 60 months for salaried customers and from 12- 36 months for businessmen / professionals. Convenience of service at your doorstep: Our Loans are just a phone call away; you can fix an appointment with any of our representatives and they could assist you in all your loan formalities. Minimum Personal Loan Interest Rates. Kotak Mahindra Banks also provides services in Business Loans, Home Loans, Credit Card, fixed deposit, insurance and Loan Against Property.

Salaried Individuals Rate of Interest of Kotak Mahindra Personal loan Eligibility Criteria for Kotak Bank Personal Loan Age of Applicant Min-23 years (listed companies), 24 years (nonlisted companies). Max-58 years, 60 years (with proof of retirement). 2 years & above (listed companies) 3 years & above (non-listed companies) 1 year & above Rs. 25,000/- & above (listed companies) Rs. 30,000/- & above (non-listed companies). Loan Amount of Kotak Bank Personal Loan Minimum Funding Maximum Funding Rs. 50,000/Rs. 15,00,000/- (listed companies) , Rs. 10,00,000/- (non-listed companies) Loan Tenure offered by Kotak Bank Minimum Tenure Maximum Tenure 12 months 48 - 60 months (listed companies) 36 months (non-listed companies) Turn Around Time of Kotak Bank Personal Loan Salary below Rs. 75,000 Salary above Rs. 75,000 Processing fee 2 working days (48 hours) 7 working days Processing Fee of Kotak Bank Personal Loan 2% of loan amount Prepayment Charges of Kotak Bank Personal Loan Foreclosure Charges 5% of outstanding principal (Can be foreclosed after 6 months only) Salary available for making EMIs Above Rs. 25,000 p.m 50% of salary is considered

No. of years in employment Current Experience Net Monthly Income

Documents Required for Kotak Bank Personal Loan Passport/ driving license/PAN card/ Photo credit card (with embossed Signature and last Identity Proof two months statement)/ bankers sign verification Age Proof PAN Card/ Passport/ Driving School leaving certificate/ Voters card/ BirthCertificate/ LIC policy (only for age Proof). Passport/ Telephone bill (BSNL/MTNL)/ Electricity bill/ Title deed of property/Rental Address Proof agreement/ Driving license/ Election ID card/ Photo-credit card (with last two month statements) Latest salary slip/current dated salary Income Proof Certificate with latest form 16 Form 16/relieving letter/appointment Letter (for Job Continuity Proof last two months) Bank statements of latest 2 months/ 3 months Banking History bank passbook
Disclaimer : Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.