|As per Agreement Schedule- III Fees & Charges|
|Cheque Dishonour Charges per Cheque||750.0|
|Prepayment interest on Principal outstanding||5.21% + taxes|
|Issue of Duplicate copy of Agreement / Duplicate NOC / NOC for Duplicate Registration Certificate||750.0|
|Issue of Duplicate Security Deposite Receipt per Receipt||250.0|
|Cancellation of Contract (other than foreclosure and prepayment interest) at specific request of the Borrower and agree by the Lender||2000.0|
|Delayed Payment / Late Payment Charges / Compensation / Additional Finance Charges (Monthly)||0.03|
|Collection Charges for non PDC cases (per cheque) for non-payment on due date||500.0|
|PDC swap Charges||500 per swap|
|Repayment Schedule / Account Outstanding Break up statement||250.0|
|LPG / CNG NOC||2000.0|
|Statement of Account||500.0|
|NOC for Interstate Transfer||1000.0|
|NOC for Commercial to personal use||2000.0|
|Dishonour charges per instance||750.0|
|NOC to convert from private to commercial||5000 (Subject to approval)|
|Taxes as applicable from time to time.|
Kotak Mahindra Prime Limited finances most passenger cars and multi-utility vehicles manufactured by India's leading automobile companies. We also finance imported cars subject to fulfillment of certain terms and conditions.
You can borrow up to 90% of the car value. The minimum loan amount is Rs. 75,000/-
The choice is yours. You can choose any repayment option from 12 to 84 months, all specially designed to suit your requirements.
Within 48 hours of completing documentation. Credit is at the sole discretion of KMPL.
Yes. One can pre-pay the loan any time after 6 months of availing of the loan.
Have a secure journey by covering your car from damages caused by natural & man-made calamities with Motor Insurance from Kotak Bank.
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