Car Loan Kollam

Here’s the List of Best Banks for Car loans in Kollam:

Bank Name Kollam
Central Bank of India Kappalandimukku-Kadappakkada Rd, Kollam, Kerala
State Bank of India National Highway 47, Kollam, Kerala 691001 
Canara Bank Kappalandimukku Kadappakada Rd, Kollam, Kerala 
South Indian Bank NH 47, Kollam, Kerala
Axis Bank Vaidya Commercial Arcade, Asramam Road, Chinnakada, Kollam, 691001, Kerala 
Catholic Syrian Bank Main Rd, Kerala 691001
HDFC Bank National Highway 47, Kollam, Kerala  
Indian Bank After Indian Bank Atm 1st Floor Above Idea Customer Care Office, National Highway 47, Polayathodu, Kollam, Kerala 691010  1800 4250 0000
State Bank Of Travancore 54, Bishop Jerome Nagar, Bishop Jerome Ln, Kerala 691001
Tamilnad Mercantile Bank Ltd First floor smv towers, chinnakada post no 313 main road, Kollam, Kerala 691001 
Canara Bank Beach Rd, Chinnakada, Kerala 691001  1800 425 0018
Bank of India Convent Rd, Kerala 691001
Quilon Urban Cooperative Bank Jawahar Nagar, Kerala 691001
Federal Bank National Highway 47, Polayathodu, Kerala 691010

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.

Apply for Best Car Loan Kollam

Professional Details
Loan Amount:
Occupation:
City:
Annual Income:
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 Kollam

Minimum 15000 per month income required for getting loans from bank to purchase a dream car in Kollam.

Documents you will need to submit for Apply Car loan in Kollam:

·         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