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Car Loan - Car Loan in Kochi | Kerala

Best Car Loan in Kerala

Welcome to our Car Loans page! We are one of the leading providers of car loans in India, with a wide range of services and flexible options to meet the needs of our customers. Our goal is to provide the best car loan services to our clients and help them purchase their dream vehicle with ease.

Places we provide car loan in Kerala :

  • Thiruvananthapuram
  • Kollam
  • Pathanamthitta
  • Kottayam
  • Alappuzha
  • Ernakulam
  • Thrissur
  • Palakkad
  • Malappuram
  • Kozhikode
  • Kannur
  • Kasaragod

Car loans we provide in other cities :

  • Chennai
  • Coimbatore
  • Selam
  • Thiruchi
  • Mangalore


Best car loan in Kochi | Kerala

We partner with some of the best car loan providers in India to offer our customers a variety of options and competitive rates. Our team works tirelessly to provide you with the best possible car loan experience and make the process of obtaining a car loan as simple and stress-free as possible.

So, if you are looking for a car loan in India, look no further. Get in touch with us today to learn more about our car loan services and how we can help you achieve your financial goals


Car Loan in Kochi

Cochin Financial Services offers convenient and affordable car loans tailored specifically for residents of Kochi.    With our car loan in Kochi, you can bring your dreams of owning a car to life without any financial hurdles.

Our dedicated team at Cochin Financial Services understands the unique needs of individuals in Kochi, and we strive to make the car loan process seamless and hassle-free. Whether you’re looking to purchase a brand-new car or a pre-owned vehicle, we have flexible loan options to suit your requirements.

Enjoy competitive interest rates, convenient repayment terms, and a quick loan approval process when you choose Cochin Financial Services for your car loan in Kochi. We aim to provide you with a smooth borrowing experience, ensuring that you can hit the roads of Kochi in your dream car in no time.


Car loan EMI calculator

A car loan EMI (Equated Monthly Installment) calculator is a financial tool that helps borrowers estimate the monthly installment amount they need to pay towards their car loan, based on certain input parameters. Here are some common descriptions of a car loan EMI calculator:

  1. Loan Amount: The loan amount is the total principal amount borrowed from a lender to purchase a car. The EMI calculator allows you to enter the loan amount, which is typically provided as an input parameter.
  2. Interest Rate: The interest rate is the rate at which the lender charges interest on the car loan. It is expressed as a percentage of the loan amount. The EMI calculator allows you to enter the interest rate, which is typically provided as an input parameter.
  3. Loan Tenure: The loan tenure is the duration for which the car loan is taken. It is usually expressed in months or years. The EMI calculator allows you to enter the loan tenure, which is typically provided as an input parameter.
  4. EMI Calculation: Once you provide the loan amount, interest rate, and loan tenure, the car loan EMI calculator uses a predetermined formula to calculate the monthly EMI. The EMI is the fixed amount that you need to pay each month towards repaying the car loan, and it includes both the principal amount and the interest.
  5. Amortization Schedule: The EMI calculator may also generate an amortization schedule, which is a table that shows the breakup of each EMI into its principal and interest components, along with the outstanding loan balance after each payment. This schedule helps you understand how much of your EMI goes towards the principal repayment and how much towards the interest payment over the loan tenure.
  6. Flexibility to Adjust Parameters: Many car loan EMI calculators allow you to adjust the input parameters such as loan amount, interest rate, and loan tenure, to see how it impacts the EMI. This feature helps you compare different loan options and choose the one that best fits your budget.
  7. Accuracy: Car loan EMI calculators provide approximate EMI amounts, as they are based on predefined formulas and do not account for other charges like processing fees, prepayment penalties, etc. It’s important to consider these additional charges while planning your car loan repayment.

In summary, a car loan EMI calculator is a handy tool that helps borrowers estimate their monthly EMI for a car loan, based on input parameters such as loan amount, interest rate, and loan tenure. It provides an indicative EMI amount and an amortization schedule, offering insights into the loan repayment structure.

Required Documents

  • Salary Certificate in Company Letter head /6 months pay slips
  • Copy of Job Contract, Passport and Visa
  • One year bank statement in which salary is credited
  • NRE bank account statement one year (Local bank)
  • Pan card, Adhaar card
  • Quotation(car)
  • Co-Applicant Details (Photo, ID ,Address proof )
Salaried Person
  • Salary Certificate in Company Letter head /3 months pay slips
  • Copy of Job Contract
  • One year bank statement in which salary is credited
  • form 16 , ITR and computation (2018 and2019 march)
  • Pan card, Adhaar card
  • Co-Applicant Details (Photo, ID ,Address proof )
  • Loan sanction letter & loan track (starting to till date)
  • Quotation (car)
Income tax payee (Business class)
  • Two year ITR, computation
  • One year bank statement
  • Business license copy
  • KYC (applicant and co-applicant)
  • Quotation

Cochin Finance is likely a loan agency that provides financial services to individuals and businesses in the states of Kerala, Tamilnadu, and Karnataka. As a loan agency, they may offer a variety of loan products, including personal loans, home loans, business loans, educational loans , mortgage loan, car loan , project loan etc .
cfs is a loan agency in Kerala, Tamilnadu, and Karnataka is an organization that provides loans to individuals or businesses. These agencies can be privately run, and they offer a variety of loan , including personal loans, home loans, business loans, and educational loans etc

We provide loans to customers. They can assist clients in the loan application process by providing information on the various loan available, helping them understand the terms and conditions of the loan, and providing guidance on how to increase their chances of loan approval.


All loans are not created equal, Loans has become a great option for people to use.

Faster Loan

Cochin Financial Services helps you to get the loan faster than any other consultants! Starting from document prepartion, our main motto is to get you the money!

Choose amount

All charges are communicated up front in writing along with the loan quotation, and let us know how much money you want and we set strategy accordingly.

Enjoy the best rates

Our loan rates and charges are very attractive. we  provide Best vehicle loan in Kerala-2022.We always get you loan for the best interest rates in the market. Its up to us to get you a hassle free loan.

Decide your tenure

As our loan rates and charges are very attractive, we help the clients to workout on tenure which never become a burden for them. We works for you.


Loan Eligibility

The eligibility or qualification criteria for a car loan differs from one lender to the other according to the borrower’s profile.

Loan Eligibility Criteria
Age Minimum Age: 18 yrs.
Maximum Age: 75 yrs.
Salary Rs.10,000 per month (minimum)
Employment Type
Salaried or Self-employed individual/ partnership
3 yrs. (minimum) total experience/yrs. in business/profession;2 yrs. (minimum) in current post/business/profession
Type of Car New or used
Residence Area
1 yr. (minimum) stay at current residence


Frequently Ask Questions

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.

How will your bank decide your car loan eligibility?

Your bank will assess your repayment capacity while deciding the home loan eligibility. Repayment capacity is based on your monthly disposable / surplus income, (which in turn is based on factors such as total monthly income / surplus less monthly expenses) and other factors like spouse’s income, assets, liabilities, stability of income etc.

The main concern of the bank is to make sure that you comfortably repay the loan on time and ensure end use. The higher the monthly disposable income, higher will be the amount you will be eligible for loan. Typically a bank assumes that about 55-60 % of your monthly disposable / surplus income is available for repayment of loan. However, some banks calculate the income available for EMI payments based on an individual’s gross income and not on his disposable income.

The amount of the loan depends on the tenure of the loan and the rate of interest also as these variables determine your monthly outgo / outflow which in turn depends on your disposable income.

What is an EMI?

You repay the loan in Equated Monthly Installments (EMIs) comprising both principal and interest. Repayment by way of EMI starts from the month following the month in which you take full disbursement.

How does tenure affect cost of car loan?

The longer the tenure of the loan, the lesser will be your monthly EMI outflow. Shorter tenures mean greater EMI burden, but your loan is repaid faster. If you have a short-term cash flow mismatch, your bank may increase the tenure of the loan, and your EMI burden comes down. But longer tenures mean payment of larger interest towards the loan and make it more expensive.

Can you repay your car loan ahead of schedule? Is pre-payment of loan allowed?

Yes, most banks allow you to repay the loan ahead of schedule by making lump sum payments. However, many banks charge early repayment penalties up to 2-3% of the principal amount outstanding.

Prepayment penalty may vary according to the reasons and source of funds – if you obtain a loan from another bank for pre-payment the charges are usually higher than when you pay from your own sources. However, you may credit more than your EMI amount into your loan account on a periodic basis and bring down your interest burden as and when funds are available with you.

Most banks do not charge a pre-payment penalty if you deposit more than your EMI payable on a periodic basis. Please check such stipulations while availing the loan.

Get a Quote

Now apply for a Loan online, All you need to do is provide your details below application form.