Other Kotak Bank useful links

  1. Documents Required for Kotak Bank Auto Loan
  2. Eligibility Criteria for Kotak Bank Auto Loan
  3. EMI Calculator for Kotak Bank Auto Loan
  4. Interest Rates Kotak Bank Auto Loan
  5. Application process for Kotak Bank Auto Loan

Factors that Affect Kotak Bank Auto loan

  • Principal- The principal is the Kotak Bank Auto loan amount that you avail from the lender or banker. It is directly proportional to your other EMIs - lower principal of loan will lower your monthly instalments and vice versa.
  • Rate of interest- The rate of interest is the rate at which the lender or banker offers you the Kotak Bank Auto loan. It is also directly proportional to the value of your Kotak Bank Auto loan EMIs.
  • Tenure- The tenure is the time within which you repay your Kotak Bank Auto loan. The tenure is inversely proportional to your other loan EMIs - longer tenure makes the monthly installments or EMI amount cheaper and vice versa.

Things to consider that affect the Kotak Bank Auto loan:

  1. Income Levels
  2. Stability of Income
  3. Vehicle or car type 
  4. Credit History( loan repayment history)
  5. Employment Status for Salaried
  6. Business Longevity for Self-employed 
  7. Relationship with Lender or banker
  8. Category of Your Employer

  • Allahabad Bank

Instant Personal Loan upto ₹ 5 Lakhs