Karur Vysya Bank Car Loan

Features and Benefits of Karur Vysya Bank Car Loan

The main benefits of the car loan offered by Karur Vysya Bank are mentioned below:

1. Car loans are offered for new cars as well as for used cars.

1. The repayment tenure is up to 7 years.

1. You can apply for a car loan online.

1. Up to 90% of the on-road price of a new car may be provided as a loan.

1. Up to 60% of the used car’s value may be provided as a loan.

1. Loans are offered at attractive interest rates.

How to Apply for a Karur Vysya Bank Car Loan?

The process that must be followed to apply for a Karur Vysya Bank car loan is mentioned below:

1. Visit https://www.kvb.co.in/.

1. Click on ‘Personal’.

1. Select ‘Loans’.

1. Select ‘Vehicle Loans’.

1. Choose ‘4 Wheeler Loan (Passenger Vehicle)’.

1. Click on ‘Apply Now’.

1. Next, choose if you are an existing customer.

1. Enter your name and contact number.

1. Agree to the terms and conditions and click on ‘Submit’.

1. A Karur Vysya Bank representative will contact you to process the request.

Karur Vysya Bank Car Loan Eligibility Criteria

The eligibility criteria that must be met to avail a car loan from Karur Vysya Bank are mentioned below:

1. Indian resident individuals can avail the loan.

1. The loan is not provided for car hiring businesses.

1. A second-hand car cannot be more than 5 years old.

1. The car must be used for personal or business purposes.

Karur Vysya Bank Car Loan Charges and Limits

The different fees and charges that are levied by KVB on its car loan are mentioned below: 

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