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A maximum of 5 providers will compete to give you the best rates (Feb 2012)
Car Loans of over Rs. 222.33 crores applied for in 2012 (Last Updated on 5 Feb 2012 8:41 AM)
Kotak Bank Car Loan
Features: Kotak offer loans up to 90% of the ex-showroom price for new cars and upto 90% of car value for old cars. The repayment tenors option for new car ranges from 12 - 60 months EMIs
Processing Fees: 3% of the loan amount
Prepayment Charges: 5.75% of principal outstanding
Down-payment: 10%
Max Tenure: 4
| Plan | Interest Rate Min | Interest Rate Max | EMI | Processing Fee |
|---|
Kotak Bank - New - Floating
12.25
12.25
2646
3% of the loan amount
| Kotak Bank - New - Floating | 12.25 | 12.25 | 2646 | 3% of the loan amount |