Kotak Personal Loan Rate Of Interest

Kotak Mahindra Bank is an Indian private sector banking headquartered in Mumbai, Maharashtra, India. In February 2003, Reserve Bank of India (RBI) gave the licence to Kotak Mahindra Finance Ltd., the group's flagship company, to carry on banking business. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.

Kotak PERSONAL LOAN


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Kotak Personal Loan Interest Rate Details
Kotak
Interest Rate 11.49% - 20%
EMI per Lakh Rs. 2198
Loan Amount Offered Min Rs. 50,000 and Max Rs. 15,00,000
Loan Tenure 1 - 5 years
Processing Fees upto 2%
Age 21- 55 years
Part Payment Not allowed
Foreclosure 5% of principal outstanding
Everything You Need To Know About

Kotak Personal Loan

Overview

Online Lowest Personal Loan interest rates for Kotak loans on Loanadda. India top bank loans providers.Apply Online Get a step closer to your dreams and goals by availing our Personal Loans and meet your financial needs. You can avail a personal loan to meet unexpected expenses, a dream holiday, school or college fees, wedding expenditure, home improvement expenses or even purchase of consumer durables.

Personal Loan For Kotak

Most banks follow the same general rules in terms of document requirement. There may be a few changes in certain cases, in which case, our loan officers will guide you personally to complete the documentation process. Salaried individuals.

1. Form 16 of last 2 years or Income Tax Returns.

2. Salary slips of last 3 months.

3. Last 6 months bank statement reflecting salary credits.

4. ID/ Age Proof - PAN Card/ Passport/ Signature Proof/ Aadhar Card and Residence Proof – Passport/      Utility bills/ Bank Statements.

5. Cheque of Processing Fee.

Personal Loan Eligibility
Documents required for Guarantor:

Your Kotak Bank Personal Loan eligibility is determined by the following factors:-

Income/ Other Income

Age

Qualification

Property value

No of dependents

Bank Balance