COMPARE : CAR LOANS Kotak Car Loan Introduction Kotak bank has designed different schemes - Margin Money, Step up Scheme, low EMI balloon scheme and Advance EMI scheme to suit your individual requirements. Bank offers up to 90% of the ex-showroom price with flexible repayment option. Bank from time to time gets into tie-ups with various manufacturers and brings in special schemes for its customers. Highlights   New Car Used Car Loan Type Term Loan Term Loan Ex-Showroom/On Road On Road Ex-Showroom Loan Amount Min. - Rs 100000 Max. - Rs 80 Min. - Rs 50000 Max. - Rs 60 Tenure Min. - 12 Yrs. Min. - 12 Yrs. Interest Rate 14 % 16 % Time to Process Loan 4 days 4 days Preferred Manufacturers Chevorlet, Maruti Chevorlet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota  Fees & charges   Fees & charges   New Car Used Car Cheque Bouncing Charges 350 Rs Stamp Duty 100 As Per Actuals Pre-Payment Charges 5 % Cheque Swapping Charges 500 Rs Loan Cancellation/Rebooking Charges 3000 Rs Statement Charges 250 Rs/Statement Duplicate Repayment Schedule Charges 250 Rs Legal, Repossession and Incidental Charges As Per Actuals As Per Actuals Duplicate No Due Certificate / NOC Charges 500 Rs  Eligibility Criteria   Eligibility Criteria  Salaried   Salaried: Income Rs 6000 Age Min.: 21 Yrs.   Max.: 58 Yrs. Current Employment Years 1 Yrs. Total Employment Years 2 Yrs. Documents Required: ID Proof Yes Residence Proof Yes Income Proof Yes Telephone No Photograph Yes Bank Statement Yes Signature Proof Yes  Self Employed   Self Employed: Income Rs 6000 Age Min.: 21 Yrs.   Max.: 65 Yrs. Total Employment Years 3 Yrs. Documents Required: ID Proof Yes Residence Proof Yes Income Proof Yes Telephone No Photograph Yes Bank Statement Yes Signature Proof Yes Show All Auto Loans Refine your search  Select a Manufacturer: All Chevrolet FIAT Ford GENERAL MOTORS INDIA HINDUSTAN MOTORS Honda Hyundai Mahindra Maruti Mercedes-Benz Mitsubishi Nissan Reva SAN Engineering Skoda Tata Motors Toyota  Select a Model: All  Select a Category: Salaried Self Employed  Select a Bank: All ICICI Bank Wizard home loans Magma Shrachi Finance Limited HDFC Bank Fullerton India Credit Company Kotak Bank of Baroda Bank of India Canara Bank HSBC Bank Standard Chartered Bank State Bank of India PNB AXIS BANK ABN AMRO Citi Bank Dena Bank American Express Corporation Bank Allahabad Bank UCO bank Deutsche Bank IndusInd Bank Barclays Indian Bank GE Money India Central Bank of India Tata Capital Limited Bank of Maharashtra Indian Overseas Bank Syndicate Bank Union Bank of India YES Bank Vijaya Bank Jammu & Kashmir Bank Centurion Bank of Punjab Andhra Bank Catholic Syrian Bank Federal Bank IDBI Bank Karnataka bank Oriental Bank of Commerce State Bank of Mysore State Bank of Patiala Bank Of Rajasthan Reliance Capital Ltd. ING Vysya Bank Karur Vysya Bank State Bank of Hyderabad State Bank of Indore State Bank of Bikaner and Jaipur State Bank of Travancore South Indian Bank Development Credit Bank Ltd. United Bank of India     Kotak Products Kotak Credit Cards Kotak Personal Loans Kotak Fixed Deposits Kotak Savings Accounts COMPARE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans   CALCULATE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans   EDITORS' PICKS TIPS FOR ASPIRING CAR BUYERS AND OWNERS Carnival of Indian Personal Finance Blogs #1 Carnival of Indian Personal Finance Blogs #2 Carnival of Indian Personal Finance Blogs #3 Insider secrets of Car Loans in India