Securities that can be mortgaged in working capital loans can be residential property, commercial property, industrial property, LIC policies, Fixed deposits. In addition, stocks and book debt is taken as primary security.
To know more about the features and requirements of different types of working capital products, please follow the below steps:
1) Go to www.kotak.com
2) From the dropdown select Business
3) Under business click on explore products
4) Click on working capital and you can check out the features, eligilibility, fees and charges of different working capital products.
To apply for a working capital loan, please click here.
Just fill out your personal details in the form that appears after clicking.
You can also get a quick working capital limit sanction by clicking here Kotak offers in principle approval of your working capital limit loan through a paperless process by using your income tax credentials.
Please Note: The time line for the same is 7 working days, subject to approval.