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 -
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 Kolkata 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.
You can borrow a personal loan in Kolkata from Kotak Mahindra Bank anywhere between Rs. 50,000 to Rs. 25 lakhs. Right from smaller financial requirements to financial emergencies, Kotak Mahindra Bank’s personal loans can help you take care of various financial requirements. The rates of interest are also attractive and start from as low as 10.25 % per annum. So, you can easily borrow a personal loan in Kolkata from Kotak Mahindra Bank based on how much funds you need.
Getting a personal loan in Kolkata can be fast and easy when your lending bank is Kotak Mahindra. Our hassle-free loan application process makes it convenient for the borrowers to avail a personal loan in Kolkata. When the documentation is right and all the required details are duly filled at the time of application, your personal loan can be transferred to your bank account in as less as 3 seconds.
To get a personal loan in Kolkata simply visit Kotak Mahindra Bank’s website and apply for a personal loan. You can start by filling your application form online. The loan will be instantly approved if documentation and details are complete.
Remember to check your eligibility, list of mandatory documents and other requirements before applying for a personal loan in Kolkata. Tracking your personal loan request is also quite easy with Kotak Mahindra Bank. You can track the personal loan application status here.