Kotak Credit Access
Kotak Credit Access
In today's competitive business world, you need to grab opportunities which knock on your door without being constrained by lack of access to funds or having to take the capital from your investments.
At Kotak Mahindra Bank, we understand your business needs and are pleased to bring you our special overdraft service - Kotak Credit Access, which allows you to avail an unsecured overdraft up to Rs.10 lakh based on the minimum average quarterly balance (AQB) maintained in your Current Account with us.
Key Features
Operate from one primary account - no need to open a separate account.
No periodic submission of stock statement
Pay interest only on the amount that you use
In case of unforeseen business expenditure, you can keep your investments and Term Deposits untouched, thanks to the easy fund access.
It offers an overdraft of up to Rs.10 lakh and also offers competitive features and benefits in the current market scenario.
Eligibility Criteria
Documentation
Conditions apply. Available only in select locations. Banks may engage the services of marketing agencies for the purpose of sourcing loan assets. Credit at the sole discretion of the bank and subject to guidelines issued by RBI from time to time.
