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 Hyderabad 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 you with the best personal loan in Hyderabad. Cover a wide variety of your financial needs with Kotak Mahindra Bank’s affordable, fast and easy personal loans in Hyderabad. The loan amount starts from as less as Rs. 50,000 to as high as Rs. 40 lakhs. So, you can borrow any amount between 50 thousand and 40 lakh rupees based on your monetary requirement and eligibility.
Kotak Mahindra Bank provides instant personal loans in Hyderabad for borrowers. So much so, that your funds can be transferred to your bank account in just 3 seconds.
Borrowers can experience a hassle-free loan application and a quick loan approval process. All you need to do is ensure you provide the bank with the necessary details. So, remember to fill all the required information in your online application form and submit the required documents. That’s it, your loan application can get approved instantly if all the requirements are fulfilled.
Kotak Mahindra Bank also provides an online eligibility calculator, so, you can check your personal loan eligibility online. It is best to calculate eligibility prior to loan application and find out the loan amount you can borrow. You can also easily track your personal loan application status here.