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I have taken car loan directly through Kotak Mahindra Bank. The car is secondhand and the model was INNOVA 2015 and the loan is still active and paying the premium on EMI basis .The rate of interest and the processing fee was nominal and they given a good service.
My car loan was taken from Kotak Mahindra bank because an interest rate is less. I have taken the loan amount of Rs. 7L and I made the down payment of Rs. 5L. I have selected the duration of 5 years. I have been paying EMI amount of Rs. 14,000 per month. Documentation process was hassle free.
I have taken a car loan from KOTAK Bank and the loan amount was Rs. 4L i have made a down payment of Rs. 1.25L. The rate of interest was okay and i am paying EMI 9100 with the tenure of 3 years. For cheque bounce they are charging Rs. 900 for the delay payment charges Rs. 1000. I am not getting any reminder, i have purchased car model Maruthi ECHO.
I have taken car loan through Kotak Mahindra Bank .The process was very smooth and not yet faced any issues .The car model was 2015 and the name of the car is Maruti Suzuki Celerio .The rate of interest and the processing was not an issue. Everything is good to me so far and i am satisfied with the service .
I was an employee of Kotak Mahindra bank so that i got the car loan from the same bank. Interest rate are more competitive. Since i was a employee i got a good discounts on interest rate when i took the car loan. Its going to be over by next year since tenure period is 22 years. They have sanctioned my immediately and i have made some down payment also.
I have taken a car loan with KOTAK MAHINDRA BANK on 8 months before. Through showroom I have applied this loan. The amount was sufficient with tenure period of 5 years. Rate of interest is nominal. EMI need to pay of 12K. The car model is Wagon- R. Within 4 days they have sanctioned the loan. Pre closure charges are applicable but charges are high. Part payment is not applicable.
I never expected with this bank
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They are don't do what they say. They cheat with their costumer.
Please do not take any loan with this bank.
I feel Very bad service in my whole lifetime in bank.
I must say that please don't work with any private bank
I have taken car loan directly through Kotak Mahindra Bank .The rate of interest was nominal and the car model was 2013 Toyota Fortuner .I have got the loan amount on time without any delay.I have successfully closed the loan without any difficulties .I am satisfied with the service so far.
I have taken car loan directly through Kotak Mahindra Bank .The rate of interest was very high since had requirement taken this loan .The car model was 2019 and the name of the car is Hyundai Santro .I have got the loan sanctioned on time without any delay.This loan is still active and i have submitted the required documents also.The loan process was clearly shared by the agent .
My car loan was taken from Kotak Mahindra and i never had a chance to speak with their customer care because the amount is auto deducted from my account. Based on the eligibility, kotak mahindra bank has given me a car loan. The provided interest rate is nominal for me.
On 5 years before I was taken a car loan with KOTAK MAHINDRA BANK, I got a chance to apply through showroom. The amount which was provided 2L tenure period of 2 years. Rate of interest was nominal and processing fee of 3K. I use to get a remainder message on time. Now I closed the loan and received NOC letter as well. For an EMI paid for 7890 rupees.
I have applied for Kotak Mahindra Bank car loan directly through Bank.The model of the vehicle was Renaut Qwid .The loan amount got on time .The loan amount was sufficient and got the loan amount .The rate of interest and the processing fee was nominal.I am satisfied with the service so far .Still the loan is active it wil be cloed within 1 year.
I have taken Car Loan directly through Kotak Mahindra Bank .The model of the vehicle is Hyundai I 10,I have got the loan amount on time ,I have got all the details about the loan process very clearly .I have got this loan on paperless approval.I am really satisfied with the service .
Through car showroom I taken the vehicle loan, they sanctioned ex showroom price of Rs.2.60 lakhs for the duration of five years. The rate of interest is around 13% its higher when compared to others and they taken stamp duty charge of Rs.1000 and there is no proper response as well from the customer care. Its not easily accessible hence service needs to be improved.
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Reviewed on Sep 09, 2019
I have selected kotak mahindra car loan model is martui cost of car 2.8 lakhs , loan amount sanction from bvanker end 2.47, Rate of interested is normal, one time process fee is applicable, while document submitted directly , customer service is good and response, foreclosure charger is 2 percentage
I have taken a car loan in KOTAK MAHINDRA bank which was applied directly to bank on 14 months before. The verification process smooth and loan amount was sufficient which was given from bank for tenure period of 5 years. The rate of interest and fee are nominal. I bought a car for maruti Suzuki.
I have taken a car loan in KOTAK MAHINDRA bank on 4 years back which was processed directly to bank. On time loan got sanctioned. The amount was sufficient for the tenure of 5 years. The rate of interest and fee are nominal. I bought a car for XUV mahindra 500.
No particular reason for choosing my car loan from Kotak Mahindra bank. They have sanctioned the loan within 2 days and i don't remember about the interest rates. I am paying the EMI of Rs. 8000 every month. I Selected the tenure period of 5 years.
I have taken a car loan in KOTAK MAHINDRA bank for more than 8 months which was processed through directly to bank. The process was good. The amount was sufficient for the tenure of 5 years. The rate of interest and fee are 9.8%. I bought a car for maruti swift.
I was taken a car loan in KOTAK MAHINDRA bank for more than 2 years before. Processing fee is okay but the rate of interest is higher when compare to other. I got a call on time from bank. I have not face any issue with bank. Now I have closed the loan.