SBI Car Loan Cochin | Interest Rates 2024 | Eligibility | Information
Apply for SBI Car Loans in Cochin: Get lowest Interest car loans in Cochin with State Bank of India. Compare EMI, Eligibility, Documents and Fees and Charges on Used, NRI and New Car loans in Cochin.
SBI Car Loan Cochin Information
Interest Rates | 8.40% to 9.25% |
Loyalty Car Loan Scheme | 8.40% to 9.20% |
Lowest EMI | Rs 1579/lakh |
Processing fees | NIL |
Prepayment charges | Nil |
Repayment options | Up to 7 years |
Maximum loan amount | Up to 4 times of net annual income |
Loan approval time | 30 Minutes |
Maximum Finance | Upto 90% of on Road Price |
Min. Income | 3.00 Lakh annual |
Offers on SBI Car loans in Cochin
- No Advance EMI | Lowest EMI
- Longest repayment tenure (7 years)
- LTV 85% of ‘On Road Price’ of car, in case of Corporate Salary Package accounts
- Flexibility of payment of EMI anytime during the month
- No pre-payment penalty
- Free Accident insurance – Optional SBI Life cover
Major Branches of SBI in Cochin for Car Loans
- Bridge Rd, Mattancherry, Kochi, Kerala 682002
- Mons. Mathew Kothakathu Rd, Chullickal, Kochi, Kerala 682002
- Bazaar Rd, Mattancherry, Kochi, Kerala 682002
- North End, Willingdon Island, Kochi, Kerala,682009
- P T Jacob Rd, Thopumpady, Kochi, Kerala 682005
- Near Fort Cochin Police Station, K.J. Jacob Rd, Fort Kochi, Kochi, Kerala 682001
Documents Requirement for Car Loans in Cochin – State Bank of India:
You would need to submit the following documents along with the completed application form:
- Statement of Bank account of the borrower for last 6 months.
- 2 passport size photographs of borrower(s).
- A copy of passport /voters ID card/PAN card.
- Proof of residence.
- Latest salary-slip showing all deductions
- I.T. Returns/Form 16: 2 years for salaried employees and 2 years for professional/self-employed/businessmen duly accepted by the ITO wherever applicable
- Proof of official address for non-salaried individuals
Contact Centre / Contact Details / Customer Care
: Call SBI’s 24×7 helpline through Tollfree 1800 11 2211 (BSNL, MTNL), 1800 425 3800 or Toll no. 080-26599990.