Reasons to Opt for a Personal Loan
While Getting Married
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Disclaimer: This Article is for information purpose only. The views expressed in this Article do not necessarily constitute the views of Kotak Mahindra Bank Ltd. (“Bank”) or its employees. Bank make no warranty of any kind with respect to the completeness or accuracy of the material and articles contained in this Newsletter. The information contained in this Article is sourced from empaneled external experts for the benefit of the customers and it does not constitute legal advice from Kotak. Kotak, its directors, employees and the contributors shall not be responsible or liable for any damage or loss resulting from or arising due to reliance on or use of any information contained herein.
Personal Loan can help you meet unexpected expenses such as wedding expenditure, school or college fees, dream vacations, home renovation projects or even for the purchase of consumer durables.
Applying for a personal loan is a lot easier, quick, and convenient with Kotak Mahindra Bank.Click https://www.kotak.com/en/personal-banking/loans/personal-loan.html to apply for the same.
No, you do not have to provide any security or collateral to obtain a personal loan. Personal loan is a type of unsecured loan. This essentially means that it is not backed by the guarantee of collateral. You are not burdened by the need to generate collateral like gold, property or shares, as with other types of loans. As there is no security to assure loan repayment, the bank will focus on the income and financial stability of the applicant.
There are several benefits of availing a personal loan from Kotak bank. Some of the most notable benefits include:
The eligibility to avail Personal loan is as follows :
You can apply for a personal loan by following the below steps:
On Mobile banking
On Net Banking
Or
By simply clicking https://rcasprod.kotak.com/personal-loan?source=website&banner=ProductPageApplyonlineTab.
Please Note: The same would be subject to approval. The time frame for the personal loan is 10 working days if approved.
You can apply for a personal loan by following the below steps:
On Mobile banking
On Net Banking
Or
By simply clicking https://rcasprod.kotak.com/personal-loan?source=website&banner=ProductPageApplyonlineTab.
Please Note: The same would be subject to approval. The time frame for the personal loan is 10 working days if approved.
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08 AUGUST, 2019
Indian weddings are a lot more than just events – it is about culture, traditions and the union of two families. However, they are also considered to be a huge monetary venture. Since the average cost of weddings in India range from 10 to 20 lakhs, sometimes even more, the Indian wedding is often called as The Big Fat Indian Wedding! Parents are always worried about saving for their children’s marriage. However, with the help of personal loans for marriage which is basically a personal loan for marriages, weddings can be pulled off even without savings. The availability of such loans help you realise your dream wedding and even gives you the freedom to fund your own wedding.
Why should you go for a personal loan for marriage?
Factors to keep in mind while taking a personal loan for marriage
Personal loans are quite affordable with the flexibility to repay the loan without any financial burden. Do not worry about expenses in your or your loved ones’ wedding. Take a personal loan for marriage and make your big day a grand success!
Read more about how to plan a memorable wedding under 20 lacs here.
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