Kotak Mahindra Bank Personal Loan

Apply for an Kotak Mahindra Bank Personal Loan online today to unlock a world of possibilities and begin your journey towards financial freedom. ​​​​​​​Experience the convenience of Kotak Mahindra Bank Personal Loan – your ultimate solution for all financial needs.Whether it’s planned events like weddings, vacations, home renovations, or unexpected emergencies such as medical procedures, our Personal Loan makes life easier.With a seamless online application process, we ensure quick and hassle-free access to funds, making it the ideal credit option for you.

Unlock Best Personal Loan Offers From Kotak Mahindra Bank

Unlock Best Personal Loan Offers From Kotak Mahindra Bank

Policies for Kotak Mahindra Bank Personal Loans

Applicable to : salaried
NTH Salary : 30K
Age (Min / max) : 21 / 60
Loan Amount (Min / Max) : 1 lakh / 50 lakh
Tenor (Min / Max) : 12 / 60 months
Bachelor Accommodation : YES ( Max up to 10 lakh)
Hostel Accommodation : NO
CIBIL (0 / -1) : YES ( Max up to 5 lakh
Listed / Non Listed— MCA 3 Yr : Only Listed
Present Employment : 1 Month
Total Employment : 3 yrs total
Minimum Locking period : 1 yr
Balance Transfer (BT) : Allowed up to 4
BTs Top up Policy : after 6 months
Foreclosure / partial payment Policy : After 1 Yr 4.00% / after 1 Yr up to 20% Principal O/s

Documents Required :

  • Latest 3 months pay slips.
  • Latest 3 months Bank statements in PDF format.
  • KYC Documents ( PAN & Adhaar).

Loan Eligibility :

Special features of Kotak Mahindra Bank :

  • Spouse (earning) can be taken as co-applicant.
  • HL EMI will not be obligated if it isin spouse name, provided spouse income documents are provided.
  • 70% of the rental income credited in bank will be considered asincome for eligibility.
  • 50% Yearly bonus if it is a part of CTC will be considered as income for eligibility.