Kotak Mahindra Bank Personal Loan

Borrow large amounts of up to ₹25 Lakhs by opting for a Kotak Mahindra Bank Personal Loan at Bajajfinservmarkets.in. Enjoy low interest rates starting from 10.99% p.a. and flexible repayment tenures ranging up to 5 years. Furthermore, you can also benefit from the easy online application and hassle-free documentation processes to save time and manage financial emergencies. 

Kotak Mahindra Bank Personal Loan interest rates and other associated charges are as follows:

To increase your chances of getting approval on your loan application, ensure that you fulfil the Kotak Mahindra Bank Personal Loan eligibility criteria listed below:

• Employment: Salaried individuals are preferred. The applicant should be employed with any one of the following institutions.

  1. MNC

  2. Public limited company

  3. Private limited company

• Age: 21 to 60 years

• Monthly income:

  1. For a corporate employee: ₹25,000

  2. For a non-corporate employee: ₹30,000

  3. For an employee of Kotak Mahindra Bank: ₹20,000

• Educational qualification: The applicant should have a graduate degree

• Work experience: At least 1 year

• Residence: The applicant must be a resident of the current city for at least one year

• CIBIL score: 750 and above

In addition to this, you will also need to submit the documents listed below:

• Salary slips of the last 3 months

• Bank statements of the last 3 months

• PAN card 

• Aadhaar card

• Residential proof: Any one of the following if the current residential address does not match the one mentioned on the Aadhaar card 

  1. Driving licence

  2. Passport

  3. Voter ID

You can easily apply for a Kotak Personal Loan online by following these easy steps:

• Click on ‘Apply Now’

• Provide your personal and income details

• Select ‘Kotak Mahindra Bank’ from the list of lenders

• Choose your preferred loan amount and repayment tenure

• Click on the ‘Submit’ option
  
  

Following the verification of your application, an executive will contact you for further proceedings.