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.
| 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 |
