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 Delhi 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.
Get one of the best personal loans in Delhi from Kotak Mahindra Bank. You can borrow a personal loan amount anywhere between Rs. 50,000 and Rs. 40 lakhs, so that you are able to cover many of your financial needs.
Based on your monetary requirement as well as your personal loan eligibility the loan amount is fixed. So, do check your loan eligibility before applying. Kotak Mahindra Bank also provides a personal loan eligibility calculator. That helps you to check your eligibility yourself. It’s a quick and easy tool available on Kotak Mahindra Bank’s website. Many factors determine your personal loan eligibility. They are: your monthly income, credit history and credit score, age, job type and location, employer’s history and so on.
If you are not eligible for a personal loan in Delhi, you can improve your eligibility. Focus on getting a better credit record and a salary increase.
For easy, quick and hassle-free personal loan in Delhi, apply online through Kotak Mahindra Bank’s website. The loan application and approval process at Kotak Mahindra Bank is fast and convenient. Upon submitting the duly filled application and mandatory documents, the funds can be transferred to your bank account in as less as 3 seconds.
Simply visit Kotak Mahindra Bank’s website to apply for a personal loan in Delhi and follow the instructions. First of all, fill your application form online. While filling the form, make sure you provide the correct details. Submit the appropriate documents for a smooth approval, and your loan can be instantly approved.
Also check your personal loan eligibility with the help of a personal loan eligibility calculator to find out what loan amount can be borrowed. Personal loan eligibility calculator is available on Kotak website. You can also keep a track of your personal loan application status,here.