Personal Loan in Kerala
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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.
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 -
Documentation -
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 Kerala 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.
If you are looking for a personal loan in Kerala then Kotak Mahindra Bank has the best personal loan options available for you. With interest rates starting from 10.25 % per annum, Kotak Mahindra Bank provides the borrowers with personal loans from Rs. 50,000 to Rs. 25 lakhs. Thus, depending upon your financial need and personal loan eligibility, you can avail of Kotak Mahindra Bank’s personal loans to fill the financial gap. Many of your needs, including emergencies can be taken care of with a personal loan in Kerala.
Personal loans from Kotak Mahindra Bank are easy, quick and hassle-free. Thanks to our simple and user-friendly loan application and approval process, borrowing a personal loan in Kerala is quite convenient. The funds can be disbursed to the borrower’s bank account in as less as 3 seconds with a fast online application and appropriate documentation.
To get a personal loan in Kerala, visit Kotak Mahindra Bank’s website. On the website go to the loan application page and apply for a personal loan in simple steps. Fill in your application form online to begin with. If you have provided the correct details and documents are also submitted correctly, the loan amount will be instantly approved. Ensure that you provide all the necessary information and documents so that the approval process is smooth.
Checking your eligibility before applying and tracking your personal loan application status is easy with Kotak Mahindra Bank.
