What are the Interest Rates and the Tenure?
We offer rate of fixed rate of interest ranging between 10.75%-24% p.a. The interest rate vary due to the variation in the amount borrowed, the tenure of personal loan and your credit history. The tenure of a personal loan may typically stretch up to a period of maximum 5 years.
Know Your EMI and Available Repayment Options
You can repay the personal loan availed from Kotak Mahindra Bank within a fixed period that ranges between 1-5 years. The EMI to be paid is calculated with the Personal Loan EMI calculator. The amount borrowed, interest rate applied and the tenure fixed are taken into consideration for calculating the monthly instalment.
Why Avail a Personal Loan from Kotak Bank?
The following benefits highlight why you should avail a personal loan from Kotak Mahindra Bank without any further ado
- The ease of browsing and applying for a personal loan online
- The ease of submitting the required personal loan documents
- Attractive interest rate and flexible repayment options
- Minimal paperwork and fast service
- The ease of availing a loan up to Rs.20 Lakh without any collateral
- A very easily approachable and thorough customer service
- The ease of availing loans instantly in the top commercial cities of India
Make an informed decision when it comes to meeting your immediate financial requirements. If you are looking to have a fulfilling and enjoyable banking experience, reach out to Kotak Mahindra Bank today.
Know more details about availing a personal loan from Kotak Bank.