Can I get any benefit if I am an existing Kotak Bank current account or savings account customer?
Yes. We offer preferential interest rate, faster processing & doorstep service to existing bank customers while taking our business loan.
What is the minimum turnover requirement for a Business Loan?
For availing Kotak’s business loan, the minimum turnover required is Rs.40 Lakhs.
Which entities can avail a business loan?
Our business loan is for Manufactures, Traders, Self-employed professionals, Restaurants, Hospitals, etc.
Is part payment allowed in a business loan?
No, part payment is not allowed for business loans.
What is the minimum and maximum loan limit offered for a business loan?
Kotak Business Loans range from Rs.3 lakhs to Rs.1 crore. We also offer loans against credit card receivables (FCCR) with a maximum loan amount of Rs.3 crore.