Listed below are the car loan customer care numbers of Kotak Mahindra Bank branches across India:
| Ahmedabad | (079) 66006022 |
| Bengaluru | (080) 66006022 |
| Chennai | (044) 66006022 |
| Hyderabad | (040) 66006022 |
| Mumbai | (022) 66006022 |
| New Delhi | (011) 66006022 |
| Pune | (020) 66006022 |
The car loan customer service cell of the bank can also be contacted through email at carloans@kotak.com or service.carfinance@kotak.com
Kotak Mahindra Bank offers you a wide range of car loans, including new car finance, used car and refinance, dealer finance, and top-up against car loans. The bank also provides you the facility to lease a car, if that is what you prefer.
Kotak Mahindra Prime Ltd. (KMPL), a subsidiary of Kotak Mahindra Bank Ltd., is one of the largest passenger vehicle finance companies in the country. KMPL offers loans to customers for a large range of multi-utility vehicles, passenger cars, and pre-owned vehicles. The company provides infrastructure funding and inventory funding to car dealers through arrangements with car manufacturers. KMPL has a vast distribution network comprising of 79 branches spread across 18 states in the country.
The bank also places a lot of focus on car loan customer service. They have a dedicated 24x7 customer service cell that caters to the needs of their car loan customers. It is possible to get in touch with the bank through their Phone Banking numbers, email address, SMS banking, or by visiting the bank branch in your locality.
Phone banking is an add-on service that Kotak Mahindra Bank offers customers who have availed a car loan. The toll-free car loan helpline number is 1800 209 5732 for customers anywhere in the country. Customer service representatives will be available to assist you between 9.30 am and 6.30 pm on weekdays.You can also send an email to service.carfinance@kotak.com.
The head office of the bank is at the following address:
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai - 400051
The toll-free number of the bank where you can raise general banking queries is 1860 266 2666.
The address of the main Customer Service Centre is as follows:
Customer Service Centre
P.O. Box 16344
Mumbai-400013
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The SMS Banking service from Kotak Mahindra Bank, Bharat Banking app, enables the customer to access his/her bank account and car loan details from anywhere in the world. It is available 24x7 and is absolutely free of cost. The key features of the product includes:
To avail the facilities provided by the Bharat Banking app from Kotak Mahindra Bank, you will have to download the same from the Google Play Store on the phone with the registered mobile number. There is no need to register separately at the bank branch.
The BankBazaar Finance app gives access to the customer service numbers of the banks where you have accounts. The app can be downloaded from the Google Play Store on Android phones. If a customer wants to enquire about his/her car loan, the app will provide the numbers for the same. Other significant features of the product include:
Kotak Mahindra is a leading banking and financial services group that provides a vast range of products to fulfill the financial needs of customers. The bank offers personal finance products that range from credit cards to savings accounts, insurance products and loans. The Wealth Management team of the bank is renowned throughout the country for their impeccable services.
The used luxury car market in India last year saw a hike in sales by 30%. There was sale of 60,000 to 70,000 units in a single year. In comparison, new car sales grew by 17% to stand at 40,000 units.
The growth of the used luxury car market in India is found to be faster than the overall second-hand vehicle market, the growth rate of which is 15%-20%.
Ashutosh Pandey - CEO of Mahindra First Choice Wheels mentioned that there is no scarcity of aspirational buyers who are looking for premium car brands in the market. Most of the new car dealers do not have an outlet for such sales. So, Mahindra First Choice Wheels would source such vehicles from these dealers and sell through its channel. The first of its dealerships opened in Juhu, Mumbai recently. The company plans to expand to 5-6 stores in the near future.
Delhi-based company Big Boys Toyz (BBT) is another such dealer specialising in used luxury cars in India. The company recently opened an outlet in Andheri, Mumbai.
27 September 2018
The 2018 Mitsubishi Outlander will be priced at Rs.31.95 lakh in India. The car has entered the market again after a six year break with the car expected to be bigger than ever before. The Outlander started out as a midsize crossover SUV and has now become a seven-seater SUV with a price tag of Rs.31.95 lakh (ex-showroom Mumbai). Some of the exterior design features has been inspired by the new global design of the car maker. The car will possess a twin-slat grille in the front. The DRLs, tail lamps, and LEDs all get premium chrome inserts across its body. The car gets 16 inch wheels with 215/70 section tyres. The Mitsubishi Outlander comes with seven airbags, beige and black interiors with leather upholstery. The car is also equipped with rain sensing wipers, Rockford Fosgate touchscreen system, keyless entry, dual zone climate control. The Outlander is powered by a 2.4 litre petrol engine that produces 165 bhp / 222 Nm of torque. This also includes EDB, ABS, electronic differential lock, CVT with paddle shifters, hill start assist, and a stability control programme. It is expected that the Outlander will compete with the Toyota Fortuner, Skoda Superb, and the Honda CR-V.
22 August 2018
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