Personal Loan in Surat

Touted as one of the world’s fastest growing cities by financial newspapers, Surat, is a brilliant example of what modernisation can do to a city. True to its roots, Surat is highly known for its textile and diamond industry. Not to mention, the port acts as a crucial point for trade and the city houses several engineering plants. With various ongoing development projects in the city, Surat shines bright with its strong business legacy. Offering the best of best to its residents in the form of IT, infrastructure, healthcare and more, the cost of living in Surat is on a steady rise. To make it here without having to cut back on your goals and desires, one needs a well-structured personal finance plan.


That’s why Kotak Mahindra Bank is here to make the process easy for you as it offers Low Interest Personal Loans in Surat. Meet your personal finance requirements like home makeover, a dream vacation, a beautiful wedding, clearing the pile of medical bills and much more, by availing the personal loan by Kotak Mahindra Bank. The low documentation and quick process makes this journey convenient. All you have to do is check your eligibility for a personal loan in Surat, submit the required documents and get an easy personal loan to lead a comfortable life in this Diamond City.


Benefits of Kotak Mahindra Bank’s Personal Loan in Surat


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 Surat, 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 Surat 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 Surat



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 Surat?

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 Surat?

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 Surat 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 Surat?

Applicants should be:

  • Indian residents between the ages of 21 and 58 years
  • Living in Surat 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 Surat?

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 Surat from Kotak Mahindra Bank.

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

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 Surat?

You can borrow a personal loan amount of Rs. 50,000 to Rs. 25 lakhs from Kotak Mahindra Bank. Our personal loans in Surat are affordable with attractive interest rates (starting from 10.25 % per annum) and help you to take care of any financial needs you may have. With a loan amount as big as twenty five lakhs, you can attend to many types of financial emergencies as well.

Before applying for a personal loan in Surat from Kotak Mahindra Bank you need keep a few things in mind. Calculate your personal loan eligibility with our personal loan eligibility calculator and check the list of mandatory documents. Eligibility is determined by your monthly income, credit history and credit score, age, job type and location, employer’s history and so on. If you find that you are not eligible to borrow the required amount, you can work on improving your eligibility. 

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

Availing a personal loan in Surat is quick, easy and hassle-free when you are borrowing it from Kotak Mahindra Bank. Kotak Mahindra Bank’s online application is fast. So, the funds can be disbursed in as less as 3 seconds, provided you have filled in the application form correctly and also submitted all the required documents. 

Borrow a personal loan in Surat from Kotak Mahindra Bank in simple and fast steps.Visit the website of Kotak Mahindra Bank.

Fill in your application form online. Make sure you have duly filled the form so that your personal loan in Surat can be instantly approved. However, before you move on to the loan application, check your personal loan eligibility and the list of mandatory documents.

Finally, after you have applied, track your personal loan application status here.