Asset Finance

This product is available to account holders to assist them acquire moveable assets mainly motor vehicles like private cars, pick ups, buses and lorries. Others assets include: tractors, heavy earth moving equipments, machinery, motor cycles etT

TERMS AND CONDITIONS

Finance amount:
80 % maximum of the purchase price on new units
70 % maximum on 2nd hand units

Repayment period:
1 year to 4 years maximum
Second Hand units: Up to 10 years old


Insurance Cover:
Comprehensive for Asset Finance

This product is available to account holders to assist them acquire moveable assets mainly motor vehicles like private cars, pick ups, buses and lorries. Others assets include: tractors, heavy earth moving equipments, machinery, motor cycles etT

TERMS AND CONDITIONS

Finance amount:
80 % maximum of the purchase price on new units
70 % maximum on 2nd hand units

Repayment period:
1 year to 4 years maximum
Second Hand units: Up to 10 years old


Insurance Cover:
Comprehensive for the period the asset is under finance

For Matatus, other PSV vehicles, Tractors and Prime Movers the above terms have been varied. Please get in touch with any of our branches for the amended terms.

REQUIREMENTS

a) A pre-printed application form (available in all branches)
b) 6 months bank statements
c) Copy of ID
d) Copy of PIN
e) Proforma Invoice from the dealer/ seller
f) Copies of logbooks for other motor vehicles than one owns.

Additional requirements for Second hand motor vehicles
a) Recent AA/ Regent Automobile valuers and assessors valuation
b) Copy of logbook
c) Sale Agreement

Additional Documents for Churches and other organizations.
a) Certificate of registration of the church
b) Minutes appointing church officials
c) Minutes discussing the borrowing
d) Copy of PIN Certificate
e) Officials ID copies.

Additional Documents for sole businesses.
a) Business registration certificate
b) Owners ID Copy and PIN

BENEFITS

1. You acquire an asset and then pay for it in affordable installments as you continue using it
2. The process is simple, fast and friendly
3. The pricing is affordable

Quick and Easy car Loans

Small car?
Family car?
or sheer luxury on wheels?

Just decide on the make & model, and our New Car Loan will bring it to your driveway in no time.


Features & Benefits
Covers the widest range of cars and multi-utility vehicles in India.
Avail 100% finance on your favourite car.**
Flexible repayment options, ranging from 12 to 84 months.
Borrow up to 3 times your annual salary (for salaried professionals) and 6 times your annual income (for self employed professionals)*.
Speedy processing - within 48 hours.
Repay with easy EMIs.
Attractive car loan plans - To Fastrack your loan, just choose the plan that is right for you.
Attractive Interest rates
Hassle-free documentation.
Customer Privileges

# If you are an HDFC Bank account holder, we have special rates for you.


# If you have had a Preferred Account or a Corporate Salary Account with HDFC Bank for more than six months, you can get fast approvals on your loans with minimal documentation.


# If you are an existing HDFC Bank Car Loan customer with a clear repayment of 12 months or more we can Top-Up your car loan to the extent of the original loan value.

Steady Cash Flow is the lifeblood of any business and to make sure your Company enjoys smooth, uninterrupted cash flow, NBK has developed asset financing that offers you a cash advance for every sale you make. Through Asset –Based Financing Solutions, you can take advantage of secured revolving lines of credit and associated term loans based on the current value of your Accounts Receivable, Inventory and Equipment.

For your Business’ Asset Acquisition or Expansion Requirements, Financing options are available for all types of equipments. This options include Vehicle Financing, Transportation and Construction Equipment, Printing Presses, Material, Handling Equipments, Machine Tools, Textile Equipment, Manufacturing and Processing Plants, Telecommunication Systems, Computer Packages, Medical Equipment and many others.

To economically empower clients in acquisition of durable assets like motor vehicles (cars, matatus, buses, lorries, trucks) and machinery.



Benefits

* Available to all customers and non-customers
* No hidden charges
* Affordable interest rate
* Flexible collateral requirements and the asset you buy can be part of the security
* Quick processing and disbursement
* Loan amount depends on ability to repay

Insurance Premium Finance
To economically empower clients in u

The KCB Personal Loan gives you quick and convenient access to cash that you will need for school fees, a car, medical bills, home improvement and renovations, purchase of furniture, appliances, farm inputs or perhaps you just need it for that holiday you've always wanted.

* Both Secured and Unsecured loans
* Competitive interest rates on reducing balance
* Quick loan processing
* Flexible loan repayments


Requirements

* Have maintained an account with KCB for at least six months
* Provide security for secured loans to cover a specified amount to be taken.

For more details on security options, ask your Personal Banker or visit the nearest KCB Branch

At a very low interest rate of 15% per annum.