Personal Loan - Know Answers To All The Personal Loan FAQs at Kotak Bank
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Frequently Asked Questions

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How to calculate monthly EMI's for an Aadhar Loan?

Using Kotak Mahindra Bank’s Personal Loan EMI Calculator, you can calculate the monthly EMIs with ease.  Enter the following details to know your EMI:

  • Loan Amount
  • Loan Tenure

Interest Rate

How to avail of a personal loan of Rs. 10,000 on Aadhar Card?

Kotak Mahindra Bank provides personal loan starting Rs. 25,000. Fill in the online application form and submit your Aadhar Card copy as the main KYC document to avail of an Aadhar Card Personal Loan.

Can I get an instant personal loan of Rs. 50,000 on Aadhar Card?

Yes, when applying at Kotak, you can avail of an Instant Loan on Aadhar Card Personal Loan of Rs. 50,000. Kotak Mahindra Bank provides personal loans from Rs. 25,000 to Rs. 40 lakhs to eligible borrowers.

Will I need a co-applicant for availing a personal loan on an Aadhaar card?

No, having a co-applicant to avail of a Personal Loan on Aadhar Card is not mandatory, however, it may improve the chances of loan approval.

Can I get an overdraft facility for an Aadhar loan?

Yes. You can get a personal loan overdraft using an Aadhar Card. With this facility you can withdraw and repay an amount anytime, as per your eligibility.

How do I avail a personal loan of Rs. 20,000 on aadhar card?

Simple steps to avail of a personal loan on Aadhar Card:

      - Visit Kotak Mahindra Bank website

      - Navigate to Personal Loans

       - Click on Apply Now

       - Fill the Application Form

       - Finally, submit it

Kotak executives will then contact you for further procedure.

Is it possible to apply for a personal loan on an Aadhar Card without having a PAN Card?

Yes, you can apply for a Personal Loan on Aadhar Card without a PAN Card. Your Aadhar Card will suffice as an ID Proof instead of a PAN Card.

What are the processing fees to avail an Aadhar Loan?

Kotak Mahindra Bank charges a processing fee of 2.5% of the loan amount, plus GST and statutory charges on an Aadhar Card Personal Loan.

To know more, visit our personal loan charges page.

How much loan can I get from an Aadhar card?

With your Aadhar Card as a primary KYC document, you can apply for  personal loan amount that ranges between Rs. 25,000 and Rs 40 lakhs.

 

What are documents required to avail aadhar loan?

Documents required for personal loan on aadhar card are:

  • ID proof (Passport/Aadhar/PAN/Voter’s ID)
  • Residential Proof (Passport/Utility bills)
  • Salary Slip (Last 3 months)
  • Bank Statement (Last 3 months)

How do I get a small loan on an Aadhar Card?

You need to submit your Aadhar Card as the main KYC document when applying for a small loan, which is then used for verification, pacing up the entire approval process.

How can I get an Aadhar Card Loan instantly?

With Kotak Mahindra Bank’s instant in-principle approvals in 3 seconds, you can immediately get an Adhar Card loan. Convenient, online loan processes at Kotak Mahindra Bank make this possible.