Your vehicle, our priority
Drive your ambitions with a vehicle that matches your global lifestyle, assured by our seamless, digital-first loan process. We understand the joy and freedom that comes with your own vehicle, and our loans are designed to make this journey smooth and stress-free. With attractive terms, minimal documentation and quick processing, we are committed to offering the best out there with ease and quality.Read more
Make matters simple and straightforward
A smart calculator for smart spending and savings
Car loan calculator
You will pay
₹13,800/Months
Why choose our NRI vehicle loans
Getting you where you need to go
Get up to 85% financing against the on-road price
Experience a speedy and efficient loan approval process
Select the vehicle that best suits your global lifestyle
Who can apply for our vehicle loans
- NRIs (Non-Resident of India) holding Indian passport
- Indian students pursuing higher education
- Seafarers and maritime professionals of Indian nationality
- Persons of Indian Origin (PIOs) who were citizens of India on 26 January 1950
- Overseas Citizens of India (OCIs)
BANKING WITH YOU
Here for you, always
24/7 support for your banking needs
Banking with trust, expertise and care
Expanding the KBL family everyday
“It was quick sanctioning and fully digital”
Mr. Sirimall Mahesh
KBL Xpress Car Loan
“It was very easy to use and helpful. The staff are very friendly and helpful”
Carol Dsouza
KBL Xpress Car Loan
“It was like quick, hassle-free, fully digital. Outstanding and excellent.”
Mr. Shadul Umaji Yadhav
KBL Mobile Plus
“I just wanted to open a new personal account. So my business partner recommended me to open an account in Karnataka Bank and I am quite happy with my decision. They (the staff) are very kind, very supportive and they attend to you very well.”
Karan Deodatta Pradeshi
Savings Account
“I downloaded their mobile banking app to test out its functionality - one of the most responsive and most user friendly. It is the perfect blend of the conventional personal touch banking and the high-tech digital banking”
Rahul Nasal
Mobile Banking
Got questions? We’ve got answers.
NRIs can avail loans for second-hand cars up to five years old, combining smart financing with your choice of vehicle.
Our loan covers up to 85% of the on-road price, which includes the car's purchase price, road tax, insurance, and registration fees, offering comprehensive financial support.
Yes, having comprehensive insurance is compulsory for vehicles purchased through our loans, ensuring both safety and compliance with banking regulations.
NRIs have the freedom to choose from all new car models and used cars that are up to five years old, giving a wide range of options to suit different preferences and needs.
To download the KBL Mobile Plus app, visit the Google Play Store or Apple App Store on your mobile device. Search for 'KBL Mobile Plus' in the store, select the app published by Karnataka Bank, and click 'Install' to download it onto your device.
NRIs looking to finance luxury vehicles can certainly do so, provided they meet our loan eligibility criteria and the vehicle falls within the five-year age limit.
We offer a range of flexible repayment options to suit the diverse financial situations of NRIs, aiming to make the repayment process as convenient as possible.
EMI (Equated Monthly Installment) is the fixed monthly payment made to the bank, covering both interest and principal repayment.
NRIs need to provide documentation proving NRI status, income proof, and other standard banking documents, which may include passport details, visa information, and employment verification.
Yes, you can prepay your loan. For the applicable charges and conditions, please refer to your loan agreement for exact terms and conditions of a particular loan when applying.
Navigating the journey to car ownership is seamless with KBL Car Finance. Tailored specifically for NRIs, our NRI car loan offerings are designed with your unique needs in mind. From competitive interest rates to flexible repayment options, you can enjoy the convenience and freedom of owning a car in India, even while you're residing abroad. Plus, the ability to apply for an NRI vehicle loan online simplifies the process, allowing for a quick, hassle-free application from anywhere in the world. With KBL Car Finance, you gain not just a vehicle but also the assurance of transparent terms and dedicated customer support, ensuring your car financing experience is as smooth as the drive in your new car.
For non-resident Indians aiming to purchase a vehicle in their home country, NRI vehicle loans offer a tailored solution. These specialized loan products are designed to accommodate the unique circumstances of NRIs, providing them with the opportunity to own a vehicle in India, even while they work or reside overseas. oreover, the ability to apply for an NRI vehicle loan online simplifies the process, offering the convenience of handling loan formalities from any global location. With documentation and eligibility criteria crafted to suit the NRI status, these vehicle loans remove the geographical barriers, making car ownership in India for NRIs as straightforward as it is for resident Indians.
