Personal loan interest rate at Kotak Mahindra Bank starts at as less as 10.99% per annum. In some cases, however, it can be charged at 10.99% 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.
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 -
Clear the Eligibility Criteria -
To get the transfer process started, you will be required to submit the following
documents to the bank:
Applicants should be:
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
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.
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.
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.
Kotak Mahindra bank provides personal loans in Ahmedabad from Rs. 50,000 and the amount can go up to Rs. 40 lakhs. The interest rates are also quite attractive, starting from 10.99% per annum. So, a lot of your financial needs can be covered with a personal loan in Ahmedabad from Kotak Mahindra Bank.
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.