Personal Loan in Ahmedabad

One of the best cities to live in India, Ahmedabad is home to strong commercial and cultural influences. The development wings of Ahmedabad have been growing far and wide. Having the world's biggest stadium, dominating the cotton market of the country, and the expanding real estate vertical, showcases how the city is full of opportunities for everyone. It also boasts of some of the most esteemed educational institutes in the country. However, alongside the growth of this Manchester of India, one has to be prepared that this development implies a higher cost of living. To live life king size in this city, one has to be careful about their personal finances while not compromising on their desires.


And Kotak Mahindra Bank is here to make the process less cumbersome for you, as it offers Low Interest Personal Loans in Ahmedabad. Meet your personal finance requirements like a home makeover, a dream vacation, a beautiful wedding, clearing the pile of medical bills and much more, by availing the personal loan by Kotak Mahindra Bank. The low documentation and quick process makes this journey convenient. All you have to do is check your eligibility for a personal loan in Ahmedabad, submit the required documents and get an easy personal loan to sail through a comfortable life in this lively city.


Benefits of Kotak Mahindra Bank’s Personal Loan in Ahmedabad


Meet your personal finance needs with Kotak Mahindra Bank’s personal loan. Kotak Mahindra Bank not only offers the lowest personal loan interest rate in Ahmedabad, but also ensures an overall ease of process, that too from the comfort of your home.

Be it shedding more light on the procedure of applying for a loan, verifying personal loan eligibility criteria or helping you with the formalities, our Kotak experts are with you on every step.


In addition to this, here’s why a personal loan in Ahmedabad from Kotak Mahindra Bank can prove to be your best choice.



Amazing benefits, discounts and offers available to Kotak Bank Customers on a personal loan.


  • Loan amounts ranging from Rs. 50,000/- (Rupees Fifty Thousand Only) to Rs. 20,00,000/- (Rupees Twenty Lakhs Only)
  • Instantly determined personal loan eligibility
  • Attractive personal loan interest rate
  • Flexible repayment options
  • Personal loan calculator to easily check the EMI amount
  • Hassle-free documentation process
  • Special interest rates and lower personal loan charges for employees of top companies

Uses of Personal Loan in Ahmedabad



No need to dip into your savings or cut back on costs. Enjoy a wonderful and worry-free family event and let Kotak Mahindra Bank’s marriage loan take the monetary pressure off your shoulders.



Stop pushing the much-deserved family vacation and start making plans to spend quality time with your loved ones. Kotak Mahindra Bank offers travel loan to fund your vacations to exotic places and dream destinations.


Medical Emergency:

Whether it is a sudden hospitalization or an accident, you can take care of any medical emergency with a medical loan from Kotak Mahindra Bank. We’ve got your back on this one.


Home Renovation

Your home deserves an upgrade too. Repair, Renovate or Revamp your house with a home renovation loan from Kotak Mahindra Bank.



Personal Loan Guide

Ready to take the next step?


Frequently Asked Questions

What is Kotak Mahindra Bank's Personal Loan Interest Rate in Ahmedabad?

Personal loan interest rate at Kotak Mahindra Bank starts at as less as 10.25% per annum. In some cases, however, it can be charged at 10.75% per annum. For Kotak bank account holders attractive benefits, discounts and offers are available on personal loan. Furthermore, if the applicant already has another personal loan with a different bank, they can opt for a personal loan balance transfer to avail lower rates of interest with Kotak Bank and consolidate their debts.

How to get a personal loan balance transfer from Kotak Mahindra Bank in Ahmedabad?

Juggling through high interest rates on personal loans can put a strain on one’s financial flow. Opting for a personal loan balance transfer when you have an ongoing loan with a different bank helps you reduce your debt burden. With lowest interest rates at Kotak Mahindra Bank, our applicants can avail the ease of a hassle free documentation - verification process alongside flexible loan repayment options. Here’s what you need to do to opt for personal loan balance transfer:

Speak to a Kotak Expert -

  • Dial our digits to reach out to Kotak experts to initiate the process.


Clear the Eligibility Criteria -

  • Graduate with 1 year work experience
  • Living in Ahmedabad for 1 year
  • Minimum net salary of Rs. 20,000/- per month

Documentation -

To get the transfer process started, you will be required to submit the following

documents to the bank:

  • Proof of identity
  • Proof of residence
  • 3 months’ bank statement
  • 3 months’ salary slips
  • 3 passport-sized photographs

Who can avail of a Personal Loan in Ahmedabad?

Applicants should be:

  • Indian residents between the ages of 21 and 58 years
  • Living in Ahmedabad for at least one year
  • Graduate individuals employed with either MNC, public or private limited company for at least one year
  • Salary-based criteria:

    Corporate Salary (Salary with Kotak): Rs. 25,000/- per month

    Non-Corporate Salary (Salary with other banks): Rs. 30,000/- per month

    Kotak Employees: Rs. 20,000/- per month

Why should you choose Kotak Bank's Personal Loan in Ahmedabad?

Lowest interest rates, quick loan approvals, hassle-free documentation, flexible usage and part prepayment facility are some of the reasons to borrow a personal loan in Ahmedabad from Kotak Mahindra Bank.

What are the documents required for availing a Personal Loan in Ahmedabad?

Kotak Mahindra Bank requires the borrowers to provide the bank with minimal documentation. All you need to submit is one photograph, proof of identity, residence, signature, ownership and age and details about your bank account and income.

How do I calculate Personal Loan EMIs?

The Personal Loan EMI calculator on the Kotak website can help you find out how much EMI you may need to pay against a given loan amount. You can try out various permutations and combinations to find out the best rate possible. A Kotak expert can also guide you through this process.

How much can I borrow when I apply for a personal loan in Ahmedabad?

Kotak Mahindra bank provides personal loans in Ahmedabad from Rs. 50,000 and the amount can go up to Rs. 25 lakhs. The interest rates are also quite attractive, starting from 10.25 % per annum. So, a lot of your financial needs can be covered with a personal loan in Ahmedabad from Kotak Mahindra Bank.


Of course, the personal loan amount you are allowed to borrow depends on your personal loan eligibility. Personal loan eligibility is mainly determined by your monthly income and credit record, that is your credit history and credit score. Other factors like age and location also matter. Quick and easy tools like our personal loan eligibility calculator can help you find the loan amount you can borrow even before you apply. Furthermore, it is possible to improve your personal loan eligibility. All you have to do is increase your monthly income and improve your credit record. 

How long does it take to get personal loan in Ahmedabad?

A personal loan in Ahmedabad can be available to you in as less as 3 seconds when you borrow from Kotak Mahindra Bank. For such quick disbursement, you should ensure providing all the required details and documents at the time of application. The loan application and approval process with Kotak Mahindra Bank is easy, quick and hassle-free.

Simply visit the website of Kotak Mahindra Bank to get a personal loan in Ahmedabad. Apply online from the application page itself. Before you proceed with the application, it is advisable that you check your personal loan eligibility as your final loan amount depends on that. Kotak Mahindra Bank provides a fast and simple calculator for this. Once you have applied for a personal loan in Ahmedabad at Kotak Mahindra Bank, you can even track the personal loan application status.