Personal Loan in Kolkata - Apply for Low Interest Personal Loan Online | Kotak Mahindra Bank

Personal Loan in Kolkata

Where the air carries on its back, the fragrance sweet. Where Tagore’s verses echo all around. And the art breeds the very existence of the land deep, philosophical and profound. With its trams, tales and trade, Kolkata, known for its literature and art, currently plays the role of the financial spine of eastern India.

A city with a dynamic mix of people and enormously renowned cultural institutions, it also serves as the headquarters for some of the major industries and oldest public sector companies. The contrast that this city offers is indescribable. With the growing economy of Kolkata, the cost of living is bound to be high. Managing your personal finance in this city may not always be easy.

But with Low Interest Personal Loans offered by Kotak Mahindra Bank in Kolkata your journey of personal finance can be smooth sailing. Be it a wedding, home renovation, medical bills, foreign trip, or any other expense, our easy to avail, quick, and low-documentation personal loans help you meet all your personal finance needs. All you have to do is check your eligibility for a personal loan in Kolkata, submit the required documents and get an easy personal loan without having to cut-back on your lifestyle in this Cultural Capital of the country.


Benefits of Kotak Mahindra Bank’s Personal Loan in Kolkata


Meet your personal finance needs with Kotak Mahindra Bank’s personal loan. Kotak Mahindra Bank not only offers the lowest personal loan interest rate in Kolkata, but also ensures an overall ease of process, that too from the comfort of your home.

Be it shedding more light on the procedure of applying for a loan, verifying personal loan eligibility criteria or helping you with the formalities, our Kotak experts are with you on every step.


In addition to this, here’s why a personal loan in Kolkata from Kotak Mahindra Bank can prove to be your best choice.



Amazing benefits, discounts and offers available to Kotak Bank Customers on a personal loan.


  • Loan amounts ranging from Rs. 50,000/- (Rupees Fifty Thousand Only) to Rs. 20,00,000/- (Rupees Twenty Lakhs Only)
  • Instantly determined personal loan eligibility
  • Attractive personal loan interest rate
  • Flexible repayment options
  • Personal loan calculator to easily check the EMI amount
  • Hassle-free documentation process
  • Special interest rates and lower personal loan charges for employees of top companies


Uses of Personal Loan in Kolkata



No need to dip into your savings or cut back on costs. Enjoy a wonderful and worry-free family event and let Kotak Mahindra Bank’s marriage loan take the monetary pressure off your shoulders.



Stop pushing the much-deserved family vacation and start making plans to spend quality time with your loved ones. Kotak Mahindra Bank offers travel loan to fund your vacations to exotic places and dream destinations.


Medical Emergency:

Whether it is a sudden hospitalization or an accident, you can take care of any medical emergency with a medical loan from Kotak Mahindra Bank. We’ve got your back on this one.


Home Renovation

Your home deserves an upgrade too. Repair, Renovate or Revamp your house with a home renovation loan from Kotak Mahindra Bank.



Personal Loan Guide

Ready to take the next step?


Frequently Asked Questions

What is Kotak Mahindra Bank's Personal Loan Interest Rate in Kolkata?

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.

How to get a personal loan balance transfer from Kotak Mahindra Bank in Kolkata?

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 -

  • Dial our digits to reach out to Kotak experts to initiate the process.


Clear the Eligibility Criteria -

  • Graduate with 1 year work experience
  • Living in Kolkata for 1 year
  • Minimum net salary of Rs. 20,000/- per month

Documentation -

To get the transfer process started, you will be required to submit the following

documents to the bank:

  • Proof of identity             
  • Proof of residence
  • 3 months’ bank statement
  • 3 months’ salary slips
  • 3 passport-sized photographs

Who can avail of a Personal Loan in Kolkata?

Applicants should be:

  • Indian residents between the ages of 21 and 58 years
  • Living in Kolkata for at least one year
  • Graduate individuals employed with either MNC, public or private limited company for at least one year
  • Salary-based criteria:

    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

Why should you choose Kotak Bank's Personal Loan in Kolkata?

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.

What are the documents required for availing a Personal Loan in Kolkata?

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.

How do I calculate Personal Loan EMIs?

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.

How much can I borrow when I apply for a personal loan in Kolkata?

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.


Keep in mind that your personal loan amount is impacted by your personal loan eligibility, which means, depending on certain factors, the loan amount you are allowed to borrow gets fixed. These factors include: your monthly income, credit history and credit score, age, job type and location, employer’s history and so on. You can easily determine your loan eligibility with our personal loan eligibility calculator and even improve it. 

How long does it take to get personal loan in Kolkata?

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.