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Karnataka Bank Car Loan Details

admin

8 Jan, 2015

Karnataka Bank Ltd. was incorporated on February 18th, 1942 at Mangalore in Karnataka (India). In its growth process, it merged with Sringeri Sharada Bank Ltd., Chitladurg Bank Ltd. and Bank of Karnataka.

The Bank has a network of 385 branches across 18 states and 2 Union Territories. Today it has 97,617 shareholders and over 2.5 million customers.

Contact Information(Head Office)

Mahaveera Circle Kankanady
Mangalore - 575 002
Ph: 0824 - 2228222
Fax: 0824 - 2228284
E-mail: info@ktkbank.com
Website: www.karnatakabank.com

Car Finance Scheme:

Finance the purchase of a new car of your choice upto 85% of the invoice value excluding vehicle tax and insurance. Car Finance Scheme also finances the purchase of second hand cars.

Intrest Rates:

KBL Car Finance for new vehicles only	Period of loan up to 3 years	9.50%
KBL Car Finance for new vehicles only	Above 3 years	10.00%
KBL Car Finance for Second Hand Vehicle	Upto 1 year old vehicle	11.00%
KBL Car Finance for Second Hand Vehicle	Above 1 year up to 3 year old vehicle	12.00%

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