Car Loan Kannur
Here’s the List of Best Banks for Car loans in Kannur:
| Bamk Name | Kannur |
| IDBI Bank | KMS BUILDING,THAVAKARA ROAD JUNCTION, OPP.CIVIL STATION, KANNUR-2, Thavakkara, Kannur, Kerala 670012 |
| Bank Rd, Kannur, Kerala 670003 | |
| Indian Bank | Fort Rd, Kannur, Kerala 670001 |
| payyambalam, Kannur, Kerala 670001 | |
| Bank Rd, Kannur, Kerala 670003 | |
| Central Bank of India | Kannur, Kerala 670001 1800 200 1911 |
| Canara Bank | Kannur, Kerala 670002 1800 425 0018 |
| DOOR NO:1-2, WARD NO-SB-05, SOUTH BAZAR, NEAR MAKKANI, CIVIL STATION P.O. PIN - 670 002, National Highway 66, Kannur, Kerala 670002 | |
| Karur vysya bank | Station Rd, Kannur, Kerala 670001 |
| State Bank of India | Kannur, Kerala 670003 |
| Axis Bank | Araat Rd, Kannur, Kerala 670003 1800 209 5577 |
| South Indian Bank | DOOR NO:1-2, WARD NO-SB-05, SOUTH BAZAR, NEAR MAKKANI, CIVIL STATION P.O. PIN - 670 002, National Highway 66, Kannur, Kerala 670002 |
| Federal Bank | Collectorate Rd, Thavakkara, Kannur, Kerala 670002 |
| Syndicate Bank | Fort Rd, Thavakkara, Kannur, Kerala 670001 |
| Federal Bank | Talap, Kannur, Kerala 670002 |
Benefits :
Firstly, it enables you to buy a better car than you could otherwise afford. Trying to save money by buying an older model can result in more costly repairs being needed, which all amounts to a false economy in the long run. Taking out a car loan also means you can spread the cost over a longer period of time, which in turn makes your car much easier to pay for - and you will always know where you stand with your monthly payments. You'll also know exactly how long you'll be paying the loan for until it's completed.
| Banks/Rates | HDFC Bank | Kotak | Axis Bank | State Bank of India (SBI) |
| New Car Loan |
9.45% - 12.50% | 11.50% - 13.50% | 9.40% - 12.00% | 9.45%( for WOMEN) 9.50%( for Others) |
| Processing Fee | Up to 2.5 Lakhs: Rs. 3220/-, (Above 2.5 Lac, Rs.4390/- to Rs.5870/-) | Rs.3300/- to Rs.4750/- | Rs.3500/- to Rs.5500/- | Nil |
How Much Salary or Income Required Getting Car loans in Kannur Minimum 15000 per month income required for getting loans from bank to purchase a dream car in Kannur Documents you will need to submit for Apply Car loan in Kannur: · Proof of Identity: Passport copy, PAN Card, Voters Id card, driving licence( Laminated, Recent, Legible) · Income Proof: Latest salary slip with form 16 / Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of Rs. 4,50,000 per annum / Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company / Latest ITR · Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card. · Bank Statement: Last 6 months |
