Kotak Mid-Month Advance
  • Personal
  • Business
  • Corporate
  • Private Banking
  • Privy League
  • Solitaire
  • NRI Services
  • Investors
  • Personal
  • Business
  • Corporate
  • Private Banking
  • Privy League
  • Solitaire
  • NRI Services
  • Investors
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Frequently Asked Questions

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How do I avail a Kotak Mid-Month Advance?

Kotak Mid-Month Advance is available to pre-approved existing Kotak customers. You can apply for a Kotak Mid-Month Advance immediately by logging into the Kotak Mobile Banking app or Net Banking.

Kotak Kotak Mid-Month Advance is available exclusively online for new Kotak customers. You can check your eligibility here.

What is Kotak Mid-Month Advance @Kotak?

Kotak Mid-Month Advance is a one-month term loan, pre-approved at 50% of your net in-hand salary. Get instant disbursement without any paperwork.

What is the maximum loan amount to avail?

Kotak Mid-Month Advance offers you a maximum loan amount of Rs.1.5 lakh.

For new Kotak customers, PayDay Loan offers a maximum loan of Rs.60,000.

What is the minimum loan amount to avail?

You can get a loan for as little as Rs.3,000/-.

What is the total repayment amount due & tenure?

The total repayment amount due will be the sum of the principal loan amount plus the interest charged until maturity, which must be paid in a single installment as per the repayment date specified in the loan details.