Kotak Car Loans
Kotak Car Finance offers you flexible schemes to suit your needs, hassle-free documentation and quick 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.
5 steps to Getting a New Car
Collect the required documents with your loan proposal. See list of documents
Provide information for credit evaluation to the field investigation officer.
Pay off margin money through a pay order or cheque.
Sign agreement and provide post dated cheques or sign ECS Mandate.
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:
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.