Avail Instant Loan
Against Credit Card
Instant funds transfer and no documentation along with exclusive benefits
on credit card loan from Kotak Mahindra Bank.

Get Kotak League Platinum Credit Card & earn 8X reward Points on your every spends of Rs.150 across all categories.
Know More
Instant funds transfer and no documentation along with exclusive benefits
on credit card loan from Kotak Mahindra Bank.
Customers who have had a good track record with us with respect to their Credit Card spends, transaction pattern and Payment history become eligible for Personal Loan on Credit Card from time to time, depending on the internal policies of the bank.
Modes of Transfer:
Loan against credit card is a kind of personal, unsecured loan that is allotted based on your credit records. Your credit history, repayment ability and credit score are important factors to get an approval. Apart from that, the credit limit of your card is also considered in the approval process.
Credit card loans are like any other loans you may avail of. The bank conducts a background check to ascertain your financial position based on your credit score and credit history. If the result is satisfactory, then the loan is approved and the amount is transferred to your bank account.
Kotak Mahindra Bank offers you a personal loan on credit card up to Rs. 15,00,000 against your credit card. You can use this personal loan for various reasons like vacation, financial emergency, wedding or education, based on your requirement. The approved amount is transferred to your Kotak bank account or other savings account.
Loan against credit card can be of great help, provided you have the ability to repay the dues over the allotted period of time. Apart from that you can consider credit card loans in times of dire financial emergencies. It all finally depends upon how capable you are to clear off the dues without adding to your financial liability.
Although a credit card loan is allotted against your credit card, not every credit card holder is eligible to avail of it. You need to fit into the bank’s eligibility criteria, mainly having a good record with the bank in question. Other than that the financial history and credit score are key factors to consider eligibility.
Credit card loans can be helpful at times of financial emergencies where you need instant money. But it is important to keep in mind that it is a debt after all, and needs to be repaid in due course with consistency. So while it can lift off your financial burdens, it is equally important to check your own financial status before taking it on.
While some banks may charge you various fees if you apply for a personal loan against a credit card, Kotak Mahindra Bank has a very lucrative offer on a credit card loan. You can now apply for a loan against your credit card with zero documentation, and that too at lower interest rates.
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not own, control or supervise such website, and bears no responsibility for them
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.